Export of sunflower oil increased by 11.5%.

Export of sunflower oil increased by 11.5%.

Export of Ukrainian vegetable oil is estimated at 5.38 million tons, which is 11.36% more than the 2015/16 MG (4.831 million tons), including exports of sunflower oil will increase from 4.503 million tons in 2015/16 mg to 5,020 million tons (11.5%).
At the same time, the production of sunflower oil in 2016/17 MG is expected to reach 5.5 million tons, which is 10.44% more than in the previous period (4.98 million tons).
Taking into account imports (200 thousand tons) and the estimated production, the total supply of Ukrainian vegetable oil in 2016/17 MG will be 5.98 million tons, while domestic demand at the level of 600 thous.tons.