In Ukraine, export revenue from agricultural products will decrease by almost 20% in 2022

Published 2022년 12월 29일

Tridge summary

In 2022, Ukraine's agro-industrial complex export revenue saw a 16% decrease, amounting to approximately 23.3 billion USD, largely due to the potential attack on Ukraine by Russia leading to increased export shipments in the early months of the year. The war also brought about a significant decrease in the processing of sunflower seeds. Despite these challenges, agricultural products became an increasingly significant share of export earnings, reaching 68% in November 2022. The top five export earnings were contributed by corn, sunflower oil, wheat, rapeseed, and sunflower seeds. Ukraine also emerged as one of the top five suppliers of organic products to the EU, with a 6.6% share of the total volume of imports in 2021.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In 2022, export revenue from the products of the agro-industrial complex will amount to about 23.3 billion USD, which is 16% less than the same indicator last year. At the beginning of 2022, against the background of Russia's potential attack on Ukraine, export shipments were significantly increased, which made it possible to avoid an even more significant gap in annual indicators. Thus, in January 2022, the indicator of export revenue doubled the indicator of January 2021. This is discussed on the website of the Ukrainian Club of Agrarian Business. Follow the news in a convenient format: Follow us on Twitter The largest decrease in export revenue was observed at the beginning of the war - in March and April 2022, with a gradual increase until the end of the year in accordance with the pace of establishing alternative routes and the start of the "grain corridor". The TOP-5 items with the largest export revenue in 2022 are traditional export products for Ukraine: corn, sunflower ...

Source: Landlord