Exports of Ukrainian agricultural products to the EU decreased by more than 10%

Published 2021년 3월 4일

Tridge summary

In 2020, Ukraine's agricultural exports to the European Union saw a decrease of 10.7%, totaling $6.7 billion, due to the COVID-19 pandemic and a bird flu-related ban on Ukrainian chicken. This decline was evident across all major export categories, with the exception of sunflower oil. The majority of exports (over 80%) were grain, oilseeds, fats and oils, and processed industry residues. Ukraine reached the limits of duty-free supplies for several products, but the quotas for wheat and butter could not be exhausted.

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Original content

Deliveries of domestic agricultural products to the European Union in 2020 amounted to $ 6.7 billion, down 10.7% from the previous year. This was announced by Deputy Director of NSC "Institute of Agrarian Economics", Academician of NAAS Mykola Pugachev, reports "ProAgro Group" with reference to the information of the scientific institution. The reason for this, he explained, were both restrictions related to the COVID-19 coronavirus pandemic and some other circumstances, including bird flu, due to which the European Union imposed a ban on the supply of Ukrainian chicken. As a result, last year there was a reduction in the quantity and value of sales of all major export items, except for sunflower oil. The commodity structure of domestic supplies to the European Union largely repeats the general one. More than 80% of it is exported by grain and oilseeds, fats and oils, residues of the processing industry. In 2020, Ukraine managed to completely exhaust quotas on duty-free supplies ...

Source: Agroconf