Known as a breadbasket of Europe, Ukraine proves to become a food basket of the world and a key player in providing food security. Ukraine keeps showing its agricultural might by setting up a new record in harvesting agricultural crops – 98 million tons for the 2019/2020 MY, 62 million tons of which were exported. As the country implements new technology and becomes more efficient, its agricultural output will only grow keeping it among the global agricultural powerhouses.
The country exported over 54 million tons of grain in 2019/2020 MY, which is a 16% increase compared to the previous year. Ukraine has made significant inroads in recent years as a supplier of grains to key growth markets such as China, North Africa and the Middle East.
The interest of international investors in Ukraine’s agriculture continues to grow as the market is strengthening its position on the world stage.
