South Asia dominates Ukrainian wheat exports so far 2017/18

The countries of Southeast Asia have become the major buyers of Ukrainian wheat in the first seven months of the current season, importing around a third of the total volume, UkrAgroConsult said.

Indonesia, Philippines, Singapore and Malaysia took larger supplies, the consultancy said.

“This region absorbed more than 29 percent of Ukrainian wheat exports in July-January 2017/18 or 3.53 million tonnes,” it said in a statement.

African states accounted for 26 percent or 3.15 million tonnes, UkrAgroConsult said.

Those exports went mostly to Egypt, Tunisia, Mauritania, South Africa, Nigeria and Senegal.

South Asia imported 16 percent of the total volume or 1.89 million tonnes, while the European Union bought 10 percent of Ukraine’s wheat exports or 1.17 million tonnes, the consultancy said.

Source: Reuters


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