The EU increases import of soybean oil from Ukraine

11 Sep, 2017
The EU increases import of soybean oil from Ukraine
In July 2017 soybean oil export from Ukraine reaches 15,200 тона при 19,500 тоtonnes in June and 11,800 tonnes in July 2016.

During the first eleven months of 2016 - 2017, the record 163,000 tonnes of soybean oil were exported from Ukraine, which is 15% more than the previous year - 142,000 tonnes. Over the last five reported months, export has grown by 250%.

In 2016 - 2017. the major buyer of Ukrainian soybean oil is the EU with a share of 40%. China decreases its share to 27% and is second. India remains with a stable share of 17%.

Bangladesh and Saudi Arabia begun purchases of the product from Ukraine this year and reach a share of 4% each.