Ukraine almost a quarter increased agroeksport

Украина почти на четверть нарастила агроэкспорт

The share of agricultural products in Ukrainian exports growing

For the first three quarters 2019 Ukraine exported agricultural products to 15.6 billion dollars, and imported $ 3.9 billion.

For the first nine months of 2019, the export of Ukrainian agricultural products increased by 22% to 15.6 billion dollars. About it reports a press-service of the Association Ukrainian club of agrarian business (ASTP).

The import of agricultural products in Ukraine for the period reached $ 3.9 billion., which is 10% higher than the nine months of last year.

According to the Association, in January-September 2019 the share of agricultural products in the structure of total exports of goods from Ukraine was 42.1% against 37.1% in the past year, while in imports the share of agricultural products amounted to 9.6%, that corresponds to indicators of last year.

“Overall, nestorovic balance of agri-food products in Ukraine amounted to 11.7 billion dollars, which suggests that Ukraine is a net exporter of these products,” – said the press service.

According to ASTP, the commodity composition of exports only increased supply of crop production – by 36%, or $ 2.4 billion. It is noted that the increase in exports was possible mainly due to the increase of corn exports to 61%.

In addition, export of finished food products increased by 12%.

The press service added that in the commodity structure of imports in Ukraine of agricultural products increased procurement of livestock products – by 14% due to imports of cheese and frozen fish. In addition, the increased import of production of plant growing – by 11% compared to the same period in 2018 by the purchase of fruits and onions. Imports of finished food products increased by 9% due to purchases of raw tobacco and bakery products.

Note, in the first seven months of this year agroeksport Ukraine to the EU increased by a third.

 

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