Business news from Ukraine


3 December , 2018  

Ukrainian agricultural exports to the European Union countries in January-October 2018 grew by 1.3% year-over-year, to $4.7 billion, according to a posting on the website of the Agricultural Policy and Food Ministry of Ukraine.
According to the report, over the period foreign trade flow with agricultural goods and food between Ukraine and the EU countries rose by 7.15, to $6.9 billion.
“The EU countries are extremely important partners for Ukraine in terms of trade and economic relations in the agro-industrial sector. The pace of bilateral trade in agricultural and food products confirms this. The EU’s share of the regional structure of Ukrainian agricultural export in January-October 2018 is 31.6%,” Deputy Minister of Agrarian Policy and Food for European Integration Olha Trofimtseva said.
According to her, the Netherlands ($865,500), Spain ($713,600), Italy ($583,700) and Poland ($535,300) became the largest importers of Ukrainian agricultural products among the EU countries in January-October.
“During this period, Ukrainian producers increased exports of a number of products to EU markets. First of all, these are rapeseed, meat and edible poultry byproducts, wheat, corn, dried leguminous vegetables, nuts, confectionery goods made from sugar, rapeseed or mustard oil, chocolate and other products,” Trofimtseva said.
The deputy minister said that imports of European goods showed an increase over the specified period and amounted to almost $2.2 billion. In January-October 2018, Ukraine imported from the EU countries tobacco and products from it, chocolate and cocoa beans, animal feeding products, meat and byproducts, alcoholic beverages, grain products and cereals and other products.