AreaUkraine

Commodity GroupOilseeds, oils and meals

CommoditySoybeans, rapeseed

Date01/05/2020

Policy CategoryTrade

Policy InstrumentExport policy

DescriptionReinstated VAT export refunds for soybeans and rapeseed for all types of exporters, including trading companies, crushers and farmers.

NotesUKRAINE – export policy: At the end of May, VAT export refunds for soybeans and rapeseed were re-established for all exporters, i.e. farmers, crushers and trading companies (see also MPPU Mar.’20). The new regulation is expected to trigger a decrease in domestic crush in the 2020/21 marketing year.