As reported by the press service UKAB in 15 days of August 2022, Ukraine managed to export 2 million tons of agricultural products, which by 65% it exceeds the similar indicator of the first half of July and by 17% – the indicator of the second half of July 2022. That is, the positive dynamics of increasing export shipments by Ukraine continues.
The structure of export of agricultural products in the first half of August 2022 was as follows:
– grain crops: 1.1 million tons (corn – 62%, wheat – 29%, barley – 9%). Growth compared to the previous month: +60%;
– oil crops – 459.1 thousand tons (rape seeds – 60%, sunflower seeds – 21%, soybeans – 19%). Growth: +68%;
– vegetable oils – 197.9 thousand tons (sunflower oil – 93%, soybean oil – 7%). Growth: +64%;
– cakes after extraction of vegetable oils – 204.4 thousand tons (sunflower – 90%, soybean – 10%). Growth: +278%.
During the specified period, the export of oilseeds increased significantly. In this category, significant changes in the structure of exports are observed, namely, a decrease in the share of sunflower seeds and an increase in the share of rapeseed. This is due to the harvesting of rapeseed, which is almost finished in Ukraine, and the export orientation of this crop. Practically the entire amount of Ukrainian rapeseed intended for export was traditionally exported immediately after harvesting. This is happening this year as well.
The main achievement of the first half of August 2022 is the start of operation of the sea ports of Odesa region. The restoration of this channel from August 1, 2022 partially allowed to increase export volumes. However, it should be noted that currently the volumes of shipments through these ports are insignificant compared to their maximum capabilities. However, there is every reason to hope that the volume of exports through this channel will be increased.