Ukraine’s exports of cereals, olive seeds and vegetable oils increased by 80% in May on a monthly basis to 1.743 million tonnes but volumes continue to be significantly lower than exports in May 2021, the Ministry of Agriculture announced today. The ministry announced that corn dominates exports with 959,000 tons, while sunflower oil exports amounted […]
Tag: exports
Lavrov: Russia expects a big jump in profits from energy exports in 2022
Russian Foreign Minister Sergei Lavrov said today that Western sanctions would not affect his country’s oil exports and predicted a big jump in Russia’s energy export profits this year. “With the level of prices established as a result of Western policies, we have not suffered any budget losses,” Lavrov told a Bosnian Serb television station, […]
Germany’s exports increased in April
Exports to Germany increased in April, following the fall in March, according to the German statistical service Destatis. Exports increased by 4.4% on a monthly basis in adjusted terms. Imports increased by 3.1% on a monthly basis. Monthly exports were 12.9% higher than the level of April 2021, while imports increased by 28.1%. In trade […]
India: More than 1.7 million tonnes of grain are stored in ports
India allowed 469,202 tonnes of wheat shipments after most exports were banned last month, but at least 1.7m tonnes are in ports and could be damaged by impending monsoon rains, government officials told Reuters. industry executives The permitted shipments were mainly to Bangladesh, the Philippines, Tanzania and Malaysia, a senior government official said, referring to […]
Russia: Agriculture Minister Estimates Country Can Export 50 Million Tons of Cereals
Russia said today that it aims to export 50 million tonnes of cereals in the next agricultural season, a significant increase from this year, while the risk of a food crisis due to the Russian invasion of Ukraine is clearly on the horizon. Russia’s grain exports are being hampered by sanctions on the supply chain […]
Saudi Arabia pulls out $ 1 billion a day in oil exports in March
Revenue from Saudi Arabia’s crude oil exports in March reached $ 30 billion in March, the highest level in at least six years, amid a rally in crude and rising production prices, according to Bloomberg. The value of oil exports, at about $ 1 billion per day, The value shows an increase of 123% on […]
Germany: Climate between export companies improves (Ifo)
The mood among German export companies improved in May despite supply chain problems in the industry. According to a survey by the Ifo Institute, the export expectations index rose to 4.5 points from 3 points in April. A statement added that German companies remained cautious and “logistics problems continue to be a significant burden”. The […]
Eurozone: Trade deficit for the fifth consecutive month
The eurozone announced a trade deficit for the fifth consecutive month in March, as rising energy prices due to the war in Ukraine increased the value of imports, according to data from the European Union’s statistical office. The eurozone trade deficit stood at 16.4 billion euros in March, compared with a surplus of 22.5 billion […]
Russia: Putin ‘sees’ increase in wheat exports over possible record harvest
Russia, one of the world’s largest grain exporters, will increase its wheat exports this year amid a possible record harvest, Russian President Vladimir Putin said today. Russia competes with the European Union and Ukraine for wheat supplies in the Middle East and Africa. It continues to export despite difficulties with the supply chain caused by […]
Germany: Exports are stagnant at best in 2022, according to DIHK
German exports will remain stagnant at best this year amid the war in Ukraine, lockdowns in China and persistent supply chain problems, the German Chamber of Commerce and Industry (DIHK) said, limiting previous forecasts for a 6% increase. . “There will not be much more for the German export industry than we expect, from scratch,” […]