Business news from Ukraine

Business news from Ukraine

Agricultural exports exceed 50% of Ukraine’s total exports – Shmyhal

6 April , 2025  

Agricultural exports account for more than 50% of Ukraine’s total exports, up 4.5% compared to March 2024, Prime Minister Denys Shmyhal said during a government meeting on Friday.

As he wrote on Telegram, “agricultural exports remain the basis for our trade and account for more than 50% of everything Ukraine sells abroad.”

Shmyhal also informed that last year, exports of Ukrainian goods increased by 13%, and in March of this year, the positive dynamics of export growth continued – plus 4.5% compared to March last year.

“In the face of global trade turbulence, the Ukrainian government will strengthen support for national producers and Ukrainian exporters. We have provided all the necessary tools for this,” the Prime Minister emphasized.

At the same time, he reminded that the “Made in Ukraine” program, in particular, provides UAH 500 million for compensation for the purchase of Ukrainian agricultural machinery. The state compensates farmers for up to 25% of the cost of this equipment if it is made in Ukraine.

“In total, this year we will allocate more than UAH 6 billion from the budget to support the agricultural sector alone,” Shmyhal emphasized.

As reported, Ukraine exported 9.98 million tons of goods worth $3.6 billion in March 2025.