Russia: 25% of wheat exported to Egypt

In 2015/2016 Russian wheat exports totaled 24.65 MMT, up by 15% YoY. Main tendencies of the finished season were the decrease in wheat purchases from Turkey and higher exports to Egypt. Thus, share of Turkey in Russian wheat exports decreased from 20% in 2014/2015 to 13% in 2015/2016. While the share of Egypt grew to…

Russia needs to keep the counter-sanctions after 2017

The Russian ban on the supplies of food products established in 2014 contributes to development of domestic agro-industrial complex and should be extended after the end of its effective term (December 2017), the Minister of Agriculture of Russia Alexander Tkachev declared. “In order to further promote import substitution, increase the competitiveness of the domestic production…

Ukraine: Ukrzaliznytsia to take part in building section of Iranian railways

Public joint-stock company Ukrzaliznytsia intends to sign a contract to carry out construction works on over 300-km railway tracks with Ministry of Roads and Urban Development of Iran, the company’s press service reported, referring to Board Chairman Wojciech Balczun. “We quickly worked with the agreement of the Infrastructure Ministry of Ukraine and Ministry of Roads…

Ukraine: airlines see rise in passenger transportation in H1 2016

Ukrainian airlines saw a 23.2% YoY rise in passenger transportation in January-July, to 4.26 million people, according to State Aviation Service of Ukraine. Seventeen Ukrainian airlines serviced passenger transportation in January-July 2016. Over the period 18 Ukrainian airports serviced 6.8 million passengers, up by 15.1% YoY. As reported, ten Ukrainian airlines serviced regular flights between…

Ukraine not to face high prices for rapeseed

In 2016 rapeseed harvest in Ukraine will reach 1.2 million tons, sunflower seed – nearly 12 million tons. Also, the European Union countries expect for good harvest of oilseeds. Since the reporting vegetable oils are interchangeable, Ukraine will not face any high prices for rapeseed by-products, the Supervisory Board member at PJSC Nizhyn Fat Processing…

Ukraine: exports of food to EU up

Since the beginning of 2016, the exports of food products of Ukrainian origin to the European Union countries rose by 68%, while the general exports to the EU increased by 7%, the First Vice-Prime-Minister, Minister of Economic Development and Trade of Ukraine Stepan Kubiv declared. According to him, Ukrainian producers actively use trade preferences within…

Ukraine: grain export potential to reach 34.7 million tons

APK-Inform analysts increased the forecast of the export potential of Ukrainian grains in the current season within the July forecast adjustments to supply and demand balances of grains and pulses to 34.7 million tons, down by 9.3% compared with the record level in 2015/2016 MY (38.2 million tons). (APK-Inform/Business World Magazine)