Business news from Ukraine

Business news from Ukraine

Ukraine aims to double agricultural exports and provide food for 600 mln people

25 November , 2024  

Prime Minister Denys Shmyhal says that in the medium term, there is every opportunity to double Ukraine’s agricultural exports and provide food for up to 600 million people worldwide.

“The aggressor is trying to prevent our agricultural exports in every possible way and thus condemn dozens of vulnerable countries to starvation. Fortunately, together with you, our friends and partners, we are successfully counteracting this strategy,” Shmyhal said at the 3rd International Food Security Conference GRAIN FROM UKRAINE on Saturday.

The Prime Minister said that Ukraine has already harvested its third crop during the full-scale war, which amounts to more than 53 million tons of grains and legumes.

He noted that the 2024 harvest is still ongoing and will be sufficient for both domestic needs and exports.

Shmyhal also said that thanks to the Black Sea Logistics Corridor and other routes, Ukraine has restored its export capacity, in particular, in 10 months of 2024, the country exported more goods than in the whole of 2023, and food (sunflower oil, corn, wheat) is the main export structure.

“We supply products to more than 100 countries for more than 400 million people. These are mainly countries in Southeast Asia and Africa. In the medium term, there is every opportunity to double the volume of agricultural exports and provide food to 600 million people around the world,” the Prime Minister emphasized.