Five agricultural products brought almost $16 billion in export revenue to Ukraine in 2020

Published 2021년 9월 10일

Tridge summary

The article highlights the significant contribution of five agricultural products to Ukraine's foreign exchange earnings in 2020, as presented in the fifth "Agrarian Portfolio - 2021". Sunflower oil led with $ 5.319 billion, followed by corn, wheat, sunflower meal, and rapeseed. The initiative aims to strengthen the analytical and communication capabilities of Ukrainian embassies to promote Ukrainian exports. A memorandum of cooperation between the Ukrainian Association of Business and Trade (UABT) and the Ministry of Foreign Affairs has been signed to establish a feedback bridge between exporters and the ministry, and to strategically promote specific goods and services. In 2020, agricultural exports made up 45% of all Ukraine's exports, generating $ 22 billion.

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Original content

In the agricultural export basket for 2020, five agricultural products brought about $ 16 billion in foreign exchange earnings to the country. This information was made public during the presentation of the fifth "Agrarian Portfolio - 2021" by the head of the analytical export group UBTA Alexander Avramenko. According to her, the first place in the top five most popular export products in 2020 was secured by sunflower oil - exported for $ 5.319 billion. In second place - corn (respectively $ 4.884 billion). Third is wheat ($ 3.595 billion). Fourth - sunflower meal, meal ($ 1.179 billion). Fifth - rapeseed ($ 1.007 billion). "Agrarian Portfolio - 2021" is implemented on the initiative of the Ministry of Economy of Ukraine together with the Ministry of Agrarian Policy and Food of Ukraine and with the support of the Ukrainian Association of Business and Trade (UBTA). Details of this cooperation AgroPolit.com commented on the head of the Brussels office of the Ukrainian Association of ...

Source: Agropolit