The Ukrainian Chambers of Commerce and Industry and export organizations assess the opportunities for the export of Ukrainian products on a 10-point scale at 7.5, and note the need for state support for export activities, which should provide for financial, legal, communication and infrastructure direction.
According to the research “Analysis of institutional support for exports among organizations of the agrarian sector of Ukraine” of the Agritrade Ukraine project, the text of which is available to the Interfax-Ukraine agency, the average assessment of the opportunities for the export of Ukrainian products on a 10-point scale (where one is very poor opportunities, while ten is very good) by participants in the study was 7.5.
Among the main factors of such an assessment were named a high existing demand abroad, good qualifications and experience of industry employees, favorable agro-climatic conditions.
At the same time, the participants in the research noted that the implementation of the export potential is impossible in full due to a saturated competitive environment, insufficient level of harmonization of production and processing standards, the complexity and lack of information about the features of certification and the inertia of some domestic farmers.
More than three quarters of the organizations (77%) that that took part in the survey noted that they have established cooperation with companies from the EU countries. Among the main problems that arise in this process and become obstacles to cooperation, they named a small amount of quotas for certain types of agricultural products, non-compliance with quality standards and certification standards, a saturated competitive environment.
Assessing the compliance of domestic agricultural products and food products with European quality standards, almost three quarters of the respondents (72%) noted that they were more likely to comply, 12% of the survey participants were sure of absolute compliance.
Approximately one fifth of the organizations (22%) that took part in the survey can fully satisfy the requests of Ukrainian companies to establish trade relations with foreign companies and companies from the EU countries (that is, 90-100% of requests).
Among the main factors that affect the ability to satisfy the requests of Ukrainian companies to establish trade relations with foreign companies and companies from the EU countries, the survey participants most often named a lack of practical experience of employees, a lack of knowledge of business English and export-import legal framework, a limited access to market information (supply-demand), lack of analytical skills and tools, the volume of quotas for the export of certain types of agricultural products, limited and insufficient advertising and marketing budgets.
The volume of Ukrainian exports of goods in October amounted to $4.69 billion, which is 1.31% higher than the same month in 2019 and 10.41% higher compared to September this year.
Deputy Minister of Development of Economy, Trade and Agriculture, Trade Representative of Ukraine Taras Kachka said on Facebook, so far in the first 10 months of the year (year-on-year), exports showed a decline of 4.82%, imports – 12.21%.
“More good news: we have reduced the deficit by $3.97 billion, that is, more than a half,” he wrote.
As of November 2, Ukraine exported 16.55 million tonnes of grains and legumes since the beginning of the new 2020/2021 marketing year (July-June), which is 3.1 million tonnes less than on the same date last MY.
According to the information and analytical portal of agro-industrial complex of Ukraine, to date, 10.65 million tonnes of wheat (less by 1.03 million tonnes), 3.37 million tonnes of barley and 2.47 million tons of maize (less by 1.92 million tonnes) have been exported.
As of November 2 of this year, 62,700 tonnes of flour were exported as well.
As reported, Ukraine exported record 57.2 million tonnes of grains, legumes and flour in 2019/2020 marketing year, which is 13.5% more than in the previous marketing year.
Ukraine exported 15 million tonnes of grains and legumes since the beginning of the new 2020/2021 marketing year (July-June) and as of October 26, which is 2.94 million tonnes less than on the same date of the last MY.
According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, 10.11 million tonnes of wheat (less by 810,000 tonnes), 3.3 million tonnes of barley and 1.54 million tonnes of maize (less by 2.05 million tonnes) have been exported.
As of October 26 of this year, 60,000 tonnes of flour were exported as well.
As reported, Ukraine exported record 57.2 million tonnes of grains, legumes and flour in the 2019/2020 marketing year, which is 13.5% more than in the previous marketing year.
Ukraine exported 14.8 million tonnes of grain and legumes since the beginning of the new 2020/2021 marketing year (MY, July-June) and as of October 23, which is 2.77 million tonnes less than on the same period of previous marketing year.
According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, 10 million tonnes of wheat, 3.3 million tonnes of barley and 1.4 million tonnes of maize have been exported.
As of October 23 this year, 59,000 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 marketing year, which is 13.5% more than in the previous one.
The Ministry of Economic Development, Trade and Agriculture of Ukraine on August 17 signed an annex to the grain memorandum with grain market participants and agreed on the maximum grain export volume in the 2020/2021 marketing year (MY, July-June) at the level of 17.5 million tonnes of wheat and 1,000 tonnes of rye.
“The grain memorandum is a good example of the ability to negotiate and make balanced decisions. In our common opinion, the export of 17.5 million tonnes of wheat and 1,000 tonnes of rye for this marketing year is the benchmark that will preserve our internal food security. In addition, taking into account the coronavirus crisis, in the forecast balance, we have increased the volume of carry overs by half a million tonnes, to 1.7 million tonnes,” Minister of Economic Development, Trade and Agriculture of Ukraine Ihor Petrashko is quoted as saying.
In addition, depending on weather conditions and the final data on wheat production from the State Statistics Service, the forecast grain market balances may be revised by the signatories of the memorandum in the fourth quarter.
Now the Ministry of Economy predicts the grain harvest in Ukraine this year at 72.1 million tonnes.
The ministry clarified that the grain memorandum has been signed annually since 2011. The document provides for interaction of grain market participants, exchange of information, monitoring the grain market.
