Photo from UNIAN
Ukraine's agricultural companies in 2016-2017 marketing year (MG, July 2016 - June 2017) exported 43.8 million tonnes of grains, topping an all-time record for the independent Ukraine, the press service of the Ministry of Agrarian Policy and Food reported citing preliminary data.
"The record harvest of the previous year at 66 million tonnes has formed a resource for exports at the level of 43.8 million tonnes, which is the historical maximum for Ukraine," the press service quoted First Deputy Agrarian Minister Maksym Martyniuk as saying.
According to the report, Ukrainian agricultural producers also exported a record volume of flour - at 369,400 tonnes, which indicates a gradual reorientation of exporters toward supplying products with higher added value.
The press service added that promoting the shift toward value-added products will increase the level of foreign exchange earnings and neutralize the risks inherent in commodity exports, such as the dependence on fluctuations in world prices for agricultural products.
Read alsoUkraine exports record 43.4 mln tonnes of grain since July 2016A preliminary report for exports in 2016-2017 MY in the context of various crops is expected to be released in the coming days.
As UNIAN reported earlier, Ukrainian farmers planned in 2016-2017 MY to set a record for grains export by supplying some 41.6 million tonnes of these crops to foreign markets. The previous record was set in 2015-2016 MY at the level of 39.4 million tonnes.
According to the State Statistics Service, in 2016 Ukraine harvested 65.95 million tonnes of grains and legumes, which is 9.7% more than in 2015, becoming a historic record for the country.