June 20, 2013
Due to increasing yields, Ukraine will be able to supply to foreign markets up to 33 million tonnes of grain until 2021.
Minister of Agricultural Policy and Food Mykola Prysiazhniuk announced this at a briefing during the Cabinet meeting on Wednesday (Jun 12), the agriculture ministry's press service reported.
"According to experts of the FAO and the Organization for Economic Cooperation and Development, until 2021 our country will be able to export 33 million tonnes of grain annually. This is due to increasing yields, which can be achieved through better productivity," the minister said.
He pointed out that this year more than 23 million tonnes of grain will be exported.
"Export potential of the domestic grain market in the current year is estimated in excess of 23 million tonnes. This will give the opportunity to hold the status of one of the most powerful players on the world grain market," the minister said.
Prysiazhniuk also reminded that agro-industrial products make a quarter of all exports from Ukraine. Ukraine accounts for 9.2% of the global grain trade. In 2012, each 11th tonnes of bread sold on the world market was of Ukrainian origin.