The Importance of Ukraine and the Russian Federation for Global Agricultural Markets and the Risks Associated with the War in Ukraine

Year of publication2023

AuthorFAO

PublisherFAO

AbstractThe Russian Federation and Ukraine are among the most important producers of agricultural commodities in the world. Both countries have been net exporters of agricultural products and leading global suppliers of foodstuffs. Between 2017/18 and 2021/22, the two countries accounted, on average, for 8.8 percent of the global output of barley, wheat and maize, with the Russian Federation accounting for 5.4 percent and Ukraine for 3.4 percent. The contribution of the two countries to global oilseed production was particularly significant for sunflower seed, with an aggregate share of more than 50 percent of world output over the same period.

 

Product typeJournal; magazine; bulletin

Areas of workGlobal Commodity Markets