Business news from Ukraine

Business news from Ukraine

Ukraine reduced foreign trade in dairy products by 42.7% in January

27 January , 2025  

In the first half of January 2025, Ukraine reduced the volume of foreign trade in dairy products by 42.7% compared to the first half of December 2024 – to $15.8 million, the press service of the Union of Dairy Enterprises of Ukraine (UDEP) reported.

According to the report, exports decreased by 14%, imports – by 54%.

The industry association noted an increase in exports of butter and milk fats by 57%, while exports of milk and condensed cream decreased by 31%, and whey by 28%.

At the same time, imports of milk and cream not condensed increased by 75%, while imports of butter/milk fats decreased by 74% and cheeses of all kinds by 53%.

As reported, the industry media noted an increase in imports of rennet cheeses (hard, semi-hard, white) by 50% compared to December 2023 to 4.6 thousand tons. The supply of European processed cheeses increased by 28% to more than 500 tons in the same period.