In 2024, Ukraine increased its exports of agricultural products to the European Union by 11%, according to the EU’s report on trade in such products last year.
“The EU continued to import agricultural food products from various trading partners, with Brazil, the United Kingdom, and Ukraine being the main sources. Imports increased from Côte d’Ivoire, Ukraine and Nigeria, while they decreased from Russia and Australia,” the report, the full text of which is published on the European Commission’s website, says.
According to the published statistics, Ukraine was the third source of imports of agri-food products to the EU in 2024 (8% of the total value of imports). Agricultural imports from Ukraine to the EU increased by 11% compared to 2023 (+EUR1.3 billion) and reached EUR13 billion. This was mainly due to an increase in the share of two key commodities in imports: vegetable oils (EUR3 billion in 2024, +EUR946 million compared to 2023), and oilseeds and protein cereals (EUR3.1 billion, +EUR709 million).
At the same time, imports of Ukrainian grains to the EU decreased by 12% in value (to EUR 4.5 bln) due to lower prices, but their volume increased by 6% year-on-year.
At the same time, the total volume of European agricultural imports in 2024 reached a record high of EUR171.8 bln (+8% compared to 2023, or +EUR12.4 bln).
In terms of consumption of European agricultural exports, Ukraine ranks 13th with EUR3.634 billion, which is about 2% of the EU’s total agricultural exports (EUR235.4 billion). At the same time, in terms of consumption of European imported agricultural products, Ukraine showed an increase of 5% compared to 2023, when the country imported agricultural products worth EUR3.461 billion from the EU.
