Export of honey from Ukraine in 11 months of 2020 reached an absolute record – 69,084 tonnes with a total value of $117.5 million, national consultant to the Food and Agriculture Organization of the United Nations (FAO) Hanna Burka has said.
“There is less than a month left before the start of the New Year 2021, but there is already a record for the export of honey. Its export from Ukraine in 11 months of 2020 reached an absolute record – 69,800 tonnes for a total of $117.5 million. The previous record was set in 2017 – 67,800 tonnes ($133.9 million),” she wrote on her Facebook page.
According to the expert, high demand for Ukrainian honey is observed from the countries of the European Union. It is due to a number of reasons: uncertainty with the further development of the situation with COVID-19, respectively, the active formation of residues for the entire 2020/21 season; poor honey harvest in the EU: according to preliminary estimates, its harvest fell by 40% due to unfavorable weather conditions.
Ukraine in 2019 exported 49,740 tonnes of honey (12 months), in 2018 – 41,740 tonnes.
Since the beginning of the new 2020/2021 marketing year (MY, July-June) and as of December 4, Ukraine has exported 22.12 million tonnes of cereals and legumes, which is 3.4 million tonnes less than on the same date last MY.
According to the information and analytical portal of the agro-industrial complex of Ukraine, 12.02 million tonnes of wheat (-1.6 million tonnes), 3.71 million tonnes of barley (+0.2 million tonnes) and 6.03 million tonnes of corn (-2.1 million tonnes) have been exported to date.
As of December 4 of this year, 70,300 tonnes of flour were also exported.
As reported, Ukraine exported a record 57.2 million tonnes of grains, legumes and flour in 2019/2020 MY, which is 13.5% more than in the previous MY.
Creditwest Bank (Kyiv) and the Export Credit Agency (ECA) have signed a cooperation agreement to stimulate the export of Ukrainian-made goods, the bank’s press service said on Wednesday.
According to the report, the agreement provides for Creditwest Bank’s participation in ECA’s Export Risks Insurance program, within which the agency undertakes insurance of risks under export contracts financed by the bank.
Through the appropriate program Ukrainian companies will be able to attract loans for the implementation of export contracts.
The bank said that the largest loan amount under the program is UAH 2.5 million. The loan term is up to one year. The amount of insurance compensation is set at 85% of the loan amount.
According to the report, the corresponding agreement provides for the use of accelerated procedures for considering applications from the bank by the Export Credit Agency.
The approximate ECA insurance rate will be 1.2% of the loan amount for loans for a period of up to six months, 1.6% – for a period of six to 12 months, depending on the coefficient of the buying country on the OECD scale.
CREDITWEST BANK, EXPORT, EXPORT CREDIT AGENCY, STIMULATE, UKRAINIAN GOODS
Ukraine since the beginning of the new 2020/2021 marketing year (MY, July-June) and as of November 23 had exported 20.17 million tonnes of grain and legumes, which is 3.2 million tonnes less than on the same date last MY.
According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, 11.63 million tonnes of wheat (less by 1.4 million tonnes), 3.69 million tonnes of barley (up by 230,000 tonnes) and 4.5 million tonnes of corn (down by 2.1 million tonnes) were exported.
As of November 23 of this year, 66,600 tonnes of flour were also exported.
As reported, in the 2019/2020 MY Ukraine exported a record 57.2 million tonnes of grains, legumes and flour, which is 13.5% more than in the previous MY.
Structure of export of services in 1st halfyear of 2020 (graphically).
Ukraine since the beginning of the new 2020/2021 marketing year (MY, July-June) and as of November 16 had exported 18.74 million tonnes of grain and legumes, which is 3.6 million tonnes less than on the same date last MY.
According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, 11.29 million tonnes of wheat, 3.51 million tonnes of barley and 3.58 million tonnes of corn were exported.
As of November 16 of this year, 65,500 tonnes of flour were also exported.
As reported, Ukraine exported a record 57.2 million tonnes of grain, legumes and flour in the 2019/2020 MY, which is 13.5% more than in the previous MY.
