Ukraine exported record amounts of sugar in April

Since the beginning of the 2023/24 season, Ukrainian sugar exports amounted to 530,000 tons, which is 70% higher than last year's figure. Shareuapotential writes about it.

In particular, 100,000 tons were exported to foreign markets in April, which is the largest export figure for one month in recent years.

In the first seven months of the 2023/24 season, Ukrainian sugar exports amounted to 530,000 tons, compared to 308,000 tons in the corresponding period of the previous marketing year.

The main part of Ukrainian sugar still continues to be exported to EU countries — in April, primarily to Bulgaria and Hungary.

It is expected that in the coming months, Ukrainian sugar exports to the EU will significantly decrease, while Ukrainian companies will continue to export the "sweet" product to African and Asian countries.

By the way, according to the Memorandum of Understanding, the maximum volume of sugar exports in the 2023/2024 marketing year is 650,000 tons.