India becomes biggest consumer of Ukraine agriculture exports

India was the biggest market for Ukrainian agriculture products in the first 10 month of 2017, importing 11.3 per cent of exports in cash terms, Ukraine’s Agriculture Ministry said on Tuesday.

Ukrainian agriculture exports were worth $14.7 billion in the 10 months to October, about 23 per cent more than in the same period last year, the ministry said in a statement.

Egypt was the second-largest importer, with a 7.5 per cent share, and the Netherlands was the third, with 6.9 percent.

The ministry said sunflower oil dominated Ukrainian agriculture exports in January-October, worth $3.6 billion. Ukraine also exported 15.6 million tonnes of maize for $2.4 billion and 14.2 million tonnes of wheat for $2.2 billion.

Ukraine is among the world’s biggest exporters of sunflower oil, maize and wheat.

Source: Hindu Business Line

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