Pork exports from Ukraine increased by 31%

Published 2020년 9월 3일

Tridge summary

Ukrainian pork producers have seen a 31% increase in exports in the first 8 months of this year compared to the same period in 2019, totaling 1.85 thousand tons and $ 4.2 million. The United Arab Emirates and Hong Kong are the main markets for these exports, with Hong Kong seeing a 1.6 times increase and the UAE seeing a 2.25 times increase in volume of pork supplies compared to 2/3 of 2019. Additionally, pork offal exports have also doubled, with a 1.5-fold increase in foreign exchange earnings, largely due to a threefold increase in shipments to Hong Kong.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the first 8 months of this year, Ukrainian pork producers exported 1.85 thousand tons of products totaling $ 4.2 million. Thus, the volume of foreign sales increased by 31% compared to January-August 2019, according to analysts of the Association "Pig Farmers of Ukraine" (ACS). Exports of pork offal also increased. 80% of foreign sales of pork are carried out in two directions. “The United Arab Emirates and Hong Kong remain the main sales channels for domestic pork. Thus, if a year earlier a little more than half of pork shipments were sent there, this year the share of these markets in the geography of exports has grown to 80%. At the same time, the volume of supplies to Hong Kong increased 1.6 times, and to the UAE - 2.25 times compared to the results of 2/3 of 2019. In addition to the revival of foreign trade in pork, it is worth noting the increase in exports of pork offal. Thus, for 8 months Ukraine sold 4.37 thousand tons of frozen pork offal with a total value of 2.34 ...
Source: Meatinform

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