External trade: Ukraine is Portugal’s largest maize supplier
The numbers are not deceiving, but they can affect the look, as is the case with Ukraine, a discreet market, in 68th place in the list of customers in Portugal and 35th as a supplier. There are 29.6 million euros on the export plate and 29,6,6,6,555555555, revealing corn from Portugal in the kitchen, revealing cereals: “It’s the biggest supplier in Brazil”, highlights Deolinda Silva, executive director of Portugal Foods.
At issue is animal feed. “Our analysis of purchases shows that Portugal imports cereals, especially corn, from Ukraine”, adds the head of the Portuguese agri-food sector association, to explain the fact that half of Portuguese purchases to the east of Portuguese purchases to the east of purchases east (152 million euros) will relate to cereals.
No top In Ukraine, there are also organic products and products that buy animals and vegetables (3 million euros), with emphasis on oil and seeds and products (26 million euros), whose protagonists or protagonists or and rape, says Deolinda Silva, certain that “we continue to talk about using raw materials for incorporation into animal feed”.
The instability experienced in the region creates “an enormous pressure on the delivery of these products”, admitted. However, in advance that they are not concerned with future purchases, but with the futures market, Chicago, “where the large direct operators manage the origin of the products to avoid major breaks and switch between the main suppliers as they can”.
“We are talking about orders placed three months or six months ago, so it is immediately immediate”, he adds, speculating not to admit that the conjuncture favors the action” and, to coincide by coinciding with a period of raw current reflection, of the impact before , of the current dry reflection period, of cost increases, “may be another factor driving up the costs of feed and, consequently, of meat”.
Looking at the Ukrainian market on a global scale, according to statistics from AICEP – Agency for Investment and Foreign Trade of Portugal show that the top five customers in Ukraine in 2020 were China (14.5% of the total), Poland (6, 7 %), Russia (5.5%), Turkey (4.9%) and Germany (4.2%), which together absorb 35.8% of the value of their exports, worth 44 billion euros, in which agricultural and food products stand out, with 44% of the total.
As regards,5 Germany, its five main suppliers are China (15.4%), Russia (8.6%) and the USA (5.5%) %), which accounts for a share of 46.9% of the purchases from Ukraine (48 billion euros), according to a list dominated by machinery and appliances (21.5%), mineral minerals (13.8%), chemical products (13.6%), vehicles and other materials transport (10.7%).