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Resulting from its focus on trade with the EU, Ukraine has lost its wheat markets in Asia and Africa.

Summary by UBN
It has practically lost these markets while concentrating on exporting its products to Europe, writes Latifundist, referring to Ukrainian traders. “We have lost 70% of the Egyptian market. All Ukrainian exporters have reoriented to Europe. We have lost not only the moment when it was possible to profitably sell to Egypt but also the trust of the Egyptian buyer,” market participants said. It is noted that in Tunisia, 75% of imported wheat is Russ…
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UBN broke the news in on Thursday, June 12, 2025.
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