Business news from Ukraine

Business news from Ukraine

EXPORTS OF VEGETABLES, FRUITS BRING UKRAINE $339 MLN IN 2019

5 February , 2020  

The export of vegetables, fruits, berries and nuts, fresh, frozen and dried brought Ukraine $339 million in revenue last year, which is 9.4% more than in 2018, and 20.1% more than in 2017. According to a Tuesday report on the website of the Ukrainian Horticultural Association, walnuts, berries and apples were the main product groups providing growth in the export of fruits and vegetables. The growth in revenue from apple exports over two years exceeded 150%, while exports of nuts and frozen berries grew by about 37% in two years.
At the same time, according to the association, the share of these three leading categories of the total export of fruits and vegetables continued to grow and reached 70% in 2019.
“The growth rate of export of fruits and vegetables from Ukraine remains high, but whether the country can keep them in 2020 is a big question, because there have been a number of negative trends, such as a strengthening of the national currency, a shortage of labor for harvesting products, a decrease in raspberry production, decrease in investments in new orchards and berry plants, and other things. At the same time, there is great hope that Ukraine will continue growing for some time thanks to the fruiting of orchards, nuts and berries laid over the past five years,” Economist at the investment department of the Food and Agriculture Organization of the United Nations (FAO) Andriy Yarmak said.
According to the association, Ukraine is not even among the top 50 world leaders in terms of fruit and vegetable exports.
“For example, Lithuania, with a climate not favorable for fruits and vegetables, exports more fruits and vegetables than the entire Ukraine. Poland exports $2.6 billion worth fruits and vegetables – eight times more than Ukraine. Moreover, this includes re-export of Ukrainian berries, and other products of the fruit and vegetable group,” the association said.

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