Export Figures: Ukraine's Grain Shipments

Ukraine, a major player in the global grain market, has reported robust export figures for the first week of May. According to the State Customs Service, as of May 8, the country exported a staggering 42.406 million tonnes of grains and pulses since the beginning of the 2023/24 marketing year. Notably, over 1 million tonnes were shipped in May alone, marking a significant contribution to the country's export portfolio.

Comparison with Previous Year

Comparing this year's export statistics with the same period last year reveals a notable difference. By the same date in the previous year, total shipments amounted to 42.647 million tonnes, with 761 thousand tonnes exported in May. Despite a slight decrease in overall exports, the recent surge in May shipments signals an upward trend in Ukraine's grain export activities.

Breakdown by Grain Types

Breaking down the export figures by grain types provides insight into Ukraine's diverse agricultural output. Since the beginning of the current season, the country has exported:

• Wheat: 16.173 million tonnes (compared to 14.616 million tonnes in the previous marketing year)
• Barley: 2.23 million tonnes (compared to 2.482 million tonnes)
• Rye: 1.3 thousand tonnes (compared to 17.9 thousand tonnes)
• Corn: 23.522 million tonnes (compared to 25.222 million tonnes)

Flour Exports

In addition to grains, Ukraine has also exported a significant quantity of flour. As of May 8, the total export of Ukrainian flour for the season is estimated at 87.8 thousand tonnes, with wheat flour accounting for the majority at 83 thousand tonnes. Comparatively, in the previous marketing year, flour exports stood at 130.8 thousand tonnes, indicating a decrease in exports for the current period.

The surge in Ukraine's grain exports, particularly in May, underscores the country's continued prominence in the global grain market. Factors such as crop yields, global demand, and transportation logistics play crucial roles in determining export volumes. Monitoring these factors will be essential in predicting future trends in Ukraine's grain exports, including potential fluctuations in prices and market stability.