Business news from Ukraine

Business news from Ukraine

Ukraine increased exports of dairy products by 17.8% and imports by 27.4%

7 May , 2024  

In April, Ukraine increased its total foreign trade in dairy products by 10.7% compared to March to $41.4 million and by 20% compared to February, the press service of the Union of Dairy Enterprises of Ukraine (UDEP) reported.

According to the report, exports of dairy products were 17.8% higher compared to March, amounting to $17.1 million, and 11% higher compared to February, up to $15.4 million.

At the same time, import volumes increased by 6.2% compared to March and amounted to $24.3 million, which is 27.4% higher than in February, when it was recorded at $19.1 million.

Experts pointed out that imports in April were 1.43 times higher than exports. In March, this figure was 1.58 times higher than in February, in February – 1.24 times higher than in January, in January – 1.93 times higher than in December.

“In April 2024, the situation with exports of dairy products improved – they were exported for $ 17.1 million – the last time such volumes were recorded in June 2023. However, import volumes continued to grow – up to $ 24.3 million, which corresponds to the level of January-2024 (imports have been growing for the 2nd month in a row),” the UMPU stated.

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