2 Apr 2024 20:40

Ukraine's Agrotrade exports grain to 13 countries in 2023

MOSCOW. April 2 (Interfax) - Ukrainian agricultural holding Agrotrade exported grain to 13 countries in 2023, the largest buyers being Egypt and Tunisia, Ukrainian media reported, citing a statement from the holding's press service.

Next in volume terms were Turkey and Spain. Grain was also exported to Italy, Vietnam, Greece, Hungary, Romania, Latvia, Cyprus, Bulgaria and Austria.

"Last year, we worked mainly with our usual destination countries, except for Tunisia, to whom we exported large quantities of corn for the first time - almost 56,000 tonnes. Therefore, they immediately took second place in the share of our foreign business. Overall, Egypt purchased the largest volumes of grain from the company, with over 35,000 tonnes of corn and more than 25,000 tonnes of soybeans. We have traditionally supplied large volumes of agricultural products to Turkey and Spain. Our southern neighbors bought soybeans and corn, and the Spanish bought wheat. The smallest volumes of goods went to Austria - 320 tonnes of soybeans," Andrey But, director of Agrotrade's department of foreign economic activity said.

Agrotrade supplied about 350,000 tonnes of grain to world markets in 2023. The share of the company's own agricultural products made up 35% of all shipments, while 65% came from third-party producers.

Agrotrade is a vertically integrated full-cycle agro-industrial holding (production, processing, storage and trade of agricultural products). It cultivates more than 70,000 hectares of land, and specializes in sunflower, corn, winter wheat, soybeans and rapeseed. It has its own network of elevators.

The founder and CEO of the group is Vsevolod Kozhemyako.