Introduction – Ukraine’s Oil Market by the Numbers
Ukraine may not be the first country that pops into your head when you think about oil. But don’t be fooled—this Eastern European nation plays a strategic role in the global energy supply chain. Despite geopolitical challenges and infrastructure hurdles, Ukraine continues to push forward with oil production and exports. With around 33,000 barrels of oil produced daily by its national energy company and a broader output of 300,000 barrels of oil equivalent, Ukraine is still a key player in the regional oil ecosystem.
So, why does this matter to buyers and businesses? Because choosing the right supplier isn’t just about price—it’s about reliability, quality, and strategic sourcing. That’s where platforms like Freshdi come in, offering current supplier data, buyer reviews, RFQ tracking, and verified certifications to help you make smart decisions.
Deep Dive – Key Production, Export Statistics & Demand Insights
Let’s break down what’s happening under the hood of Ukraine’s oil market.
Production and Export Numbers
- Daily Production: Naftogaz, Ukraine’s state-owned energy company, is maintaining an output of about 33,000 barrels per day as of mid-2025.
- Total Oil Output: When considering all forms of oil equivalents, total production hovers around 300,000 barrels per day.
- Export Prices: The average export price for crude oil in 2023 was $590 per ton, which has slightly dropped compared to the previous year.
Key Export Destinations
Where is all this oil going?
- Lithuania – Dominates the import charts, receiving 89% of Ukraine’s crude petroleum exports.
- Romania – Accounts for 4.1%.
- Serbia – Takes in 2.1% of exports.
These numbers show that Ukraine’s oil is still in demand, especially in Eastern Europe.
Demand Dynamics on Freshdi
Demand for Ukrainian oil is also reflected in RFQ (Request For Quotation) trends on platforms like Freshdi. Suppliers with consistent RFQ activity are often the ones delivering quality and adherence to international standards. These digital signals help buyers see which suppliers are trending and why.
Top 5 Verified Oil Suppliers in Ukraine – Top Tier Based on Export Data
We’ve analyzed supplier performance, export volume, certifications, and verified buyer feedback on Freshdi. Here are the Top 5 Oil Suppliers in Ukraine in July 2025 you should keep an eye on:
1. TC GOLD DRAGON LTD
Specializing in both refined and unrefined sunflower oil, TC GOLD DRAGON LTD has built a strong export reputation. Known for consistent quality and timely delivery, this supplier serves multiple international markets and maintains a high rating among buyers.
2. Green Grow Supply
Green Grow Supply focuses on crude canola and rapeseed oil. Their transparent supply chain and eco-conscious production methods make them a go-to for health-focused and sustainable brands.
3. LLC “VIRT2006”
Offering a wide range of oils including refined sunflower, corn, and soybean oils, this supplier is a veteran in the market. Their diverse catalog appeals to food manufacturers and bulk buyers alike.
4. RICHOIL PE
RICHOIL PE is a niche leader in flaxseed oil. Their small-batch precision and organic certifications make them popular among health product brands and wholesalers looking for premium ingredients.
5. PRIVATE ENTERPRISE VIKTOR & K
This supplier focuses on refined soybean oil and is known for excellent customer service and fast international shipping. Their operations are optimized for B2B fulfillment, making them ideal for food processors and distributors.
Dynamic Ranking Note
Keep in mind that supplier performance can fluctuate based on RFQ trends, seasonal availability, and buyer feedback. Platforms like Freshdi update their rankings regularly, showcasing “Suppliers of the Month” or “Quarter Champions”, so always check back for the latest insights.
Market Navigation – Statistical Trends, Price Insights & Export Dynamics
Let’s talk strategy. If you’re buying oil, you’ve got to understand the trends.
Demand Trends by Oil Type
- Sunflower Oil continues to dominate buyer interest, especially from EU and Middle Eastern markets.
- Soybean and Canola Oils are seeing rising demand due to their use in plant-based food products.
- Flaxseed Oil is a niche but growing market, especially among health-conscious consumers.
On Freshdi, RFQs for sunflower oil spiked by 18% in Q2 2025, while demand for soybean oil grew by 11%. These numbers aren’t just trivia—they help you plan your sourcing calendar.
Seasonal Price Fluctuations
Oil prices are anything but stable. Here’s why:
- Harvest Seasons: Prices dip post-harvest due to oversupply.
- Geopolitical Tensions: As seen in March 2024, Ukraine’s drone strikes on Russian refineries caused a sharp rise in global oil prices.
- Infrastructure Attacks: The destruction of Kremenchuk Oil Refinery and attacks on Russian pipelines have tightened supply, increasing prices.
Historical data shows that Q1 and Q3 tend to see the highest price volatility. Smart buyers use this data to lock in contracts during the more stable quarters.
Conclusion – Leveraging Data for Strategic Sourcing
Ukraine’s oil sector is complex, but it’s also full of opportunity. With modest production numbers but a strong export focus, Ukraine remains a valuable source for quality oils—especially sunflower and soybean variants.
Choosing the right supplier means looking beyond the surface. You want verified certifications, positive buyer feedback, and a consistent export history. This is where platforms like Freshdi shine, offering real-time RFQ insights, trade data, and supplier performance metrics.
In a volatile market, data is your best friend. Use it wisely.
Key Takeaways
- Ukraine produces 33,000 barrels of oil daily, with a focus on sunflower, soybean, and canola oils.
- Lithuania, Romania, and Serbia are top importers of Ukrainian oil.
- Verified suppliers like TC GOLD DRAGON LTD and Green Grow Supply are leading the pack.
- RFQ trends on Freshdi can help you anticipate demand and identify top-performing suppliers.
- Seasonal price shifts and geopolitical events heavily influence Ukraine’s oil market.
Oil Sourcing Checklist for Buyers
✅ Do a background check on supplier certifications
✅ Review RFQ trends and buyer reviews on Freshdi
✅ Factor in seasonal price trends when timing purchases
✅ Prioritize suppliers with proven export records
✅ Monitor geopolitical developments that may impact logistics and pricing
Future Outlook – What’s Next for Ukraine’s Oil Sector?
Given the ongoing geopolitical tensions, infrastructure rebuilding, and growing demand from health and eco-conscious markets, Ukraine’s oil sector is expected to rebound and diversify. With continued support from international partners and platforms like Freshdi enabling smarter trade, buyers can expect more transparency, quality, and accessibility in sourcing Ukrainian oils.
How Freshdi Empowers Buyers
- Verified Supplier Listings – No more guesswork. Only verified exporters.
- RFQ Trends – Know what’s hot before it hits peak demand.
- Buyer Reviews – Real feedback from real businesses.
- Export Data Access – Make informed choices with solid numbers.
- Dynamic Rankings – Stay updated with top performers each month.
References
- Ukraine Oil and Gas Market – OG Analysis
- Ukraine Petroleum Oils Market – IndexBox
- Ukraine Energy Profile – IEA
- Kremenchuk Oil Refinery – Wikipedia
- Ukraine Hits Druzhba Oil Pipeline – Reuters
- Azerbaijan-Ukraine Energy Cooperation – Reuters
- Ukrainian Drone Strikes – Financial Times
- Oil Prices Rise After Ukraine Strikes – CNBC
FAQs
Q1: Is Ukraine a major oil exporter globally?
No, Ukraine isn’t a top global exporter, but it’s a significant regional player, especially in sunflower and soybean oil.
Q2: How can I verify a Ukrainian supplier’s legitimacy?
Use platforms like Freshdi that offer supplier verification, certifications, and buyer reviews.
Q3: What types of oils are most exported from Ukraine?
Sunflower, soybean, canola (rapeseed), and flaxseed oils are the top categories.
Q4: Are oil prices in Ukraine stable?
Not always. Prices fluctuate due to seasonal trends and geopolitical developments. Use historical data and RFQ trends to plan ahead.
Q5: Which supplier is best for bulk sunflower oil?
TC GOLD DRAGON LTD is a top choice based on export data and buyer feedback.
