Trade in agricultural products of Ukraine with the EU decreased by 5%

Published 2020년 8월 6일

Tridge summary

The article highlights the six countries, including the Netherlands, Poland, Spain, Italy, Germany, and France, as Ukraine's main trading partners in the EU, contributing to approximately 75% of the total turnover of mutual agricultural trade. Ukraine's exports to the EU are primarily grain, oilseeds, oils and fats, food industry residues, and waste, while its imports consist of a diverse range of products such as tobacco, animal feed, alcoholic beverages, various food products, and dairy goods. Domestic exporters in Ukraine have fully utilized the annual quotas for several products like honey, barley groats, flour, processed starch, canned tomatoes, apple, and grape juices at the beginning of 2020.

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Original content

Six countries remain the largest trading partners for Ukraine in the EU - the Netherlands, Poland, Spain, Italy, Germany and France. Their total share is about 75% of the turnover of mutual trade in agricultural goods. According to the expert, Ukraine provides the main volumes of supplies to the European Union at the expense of grain ($ 1.088 billion) and oilseeds ($ 145 million), oils and fats ($ 957 million), food industry residues and waste ($ 227 million). Mykola Pugachev noted that there is no clear commodity structure in imports to Ukraine from European countries. Tobacco products ($ 130 million), animal feed products ($ 106 million), alcoholic beverages ($ 130 million), various food products, including coffee extracts, tea, sauces ($ ...

Source: AllRetail.ua