Ukraine: Export of wheat to Indonesia and the Philippines

During six months of the current marketing year, 1.8 million tons and 0.87 million tons were supplied from Ukraine to Indonesia and to the Philippines, respectively.

Such information was provided by APK-Inform.

Export of wheat to Indonesia during six months of the current marketing year is already more than the export figures for several whole previous marketing seasons. Exports of wheat to the Philippines also broke all records over the past 9 years. Prior to this, the maximum export rate was in 2008/09 marketing year and it amounted to 1.1 million tons.

In addition, the report says that during the first six months of 2017/18 MY, 11.3 million tons of wheat were exported from Ukraine, which is 2% less than in the previous year. The main consumers of Ukrainian wheat are Indonesia (1.8 million tons were supplied to this country), Bangladesh (1.3 million tons were supplied to this country), Egypt (1.2 million tons were supplied to this country), Philippines (870 thousand tons were supplied to this country), and Korea (720 thousand tons were supplied to this country). The total volume of exports to these countries was 5.9 million tons, which is 52% of total exports.

It should be recalled that as of January 24 of the current marketing year, slightly more than 23 million tons of grain crops were exported from Ukraine, which is 2.37 million tons less than during the previous year.

Ukraine continues to strengthen its positions in the world grain market, increasing the export of wheat to various countries of the world. In particular, Ukraine has recently increased wheat exports to Indonesia and the Philippines, which indicates an increase in confidence on the part of these countries in Ukrainian grain products.

Over the past few years, Ukraine has been actively increasing its capabilities for the production and export of grain crops, including wheat. The increase in wheat exports to Indonesia and the Philippines suggests that Ukrainian grain products have gained a good reputation in the world market.

One of the factors contributing to the increase in wheat exports is the high quality of Ukrainian products. Ukraine introduces new technologies and uses modern equipment, which makes it possible to obtain high quality grain crops. In addition, Ukrainian grain products undergo strict quality control at all stages of production and export.

The increase in wheat exports to Indonesia and the Philippines is a good signal for the Ukrainian economy, as it allows expanding markets and increasing the country’s export potential. Large volumes of wheat exports also contribute to strengthening Ukraine’s position in the global grain market.