On 22 May, Natalia Levkonyuk, a broker at Atria Brokers, shared her knowledge with entrepreneurs as part of the National Educational Program "Svitanok," initiated by the Business Support Center Diia.Business with the support of the Ministry of Digital Transformation of Ukraine. The lecture topic was "Recent Trends in Ukrainian Grain Export." It was a relevant topic that was very interesting to the program participants; they kept Natalia engaged for 3 hours, asking many questions on the subject.
Key points of her presentation:
- Ukraine is reducing the production and export of grains and oilseeds due to war.
- The Ukrainian Grain Association expects a lower harvest of grains and oilseeds in Ukraine in 2024. Accordingly, exports will decrease.
- Soybean production may increase to 5.5 MMT. Soybean exports may increase to a record 4 MMT.
- The EU is the key importer of wheat from Ukraine. In 2023/24 MY (Jul-Apr), it imported over 7.5 MMT, accounting for 48% of Ukraine's total exports in 2023/24 MY (Jul-Apr).
- The EU is also a key importer of corn from Ukraine. In 2023/24 MY (Oct-Apr), it imported 9.6 MMT.
- Spain was TOP destination of Ukrainian corn in the EU, with Jul-Apr import volume reaching 4.6 MMT.
- The EU has become the main importer of Ukrainian barley. In the first 10 months of 2023/24 MY, Ukraine shipped 732 KMT of barley to the EU. This is 5.3 times more than during the pre-war period. However, Ukraine is losing the Chinese market to Australia.
