Ukraine continues to increase imports of dairy products

Published 2020년 11월 10일

Tridge summary

From January to October of this year, Ukraine experienced a 25% increase in dairy product foreign trade turnover compared to the same period last year, totaling UAH 444.1 million. This growth is largely due to a 124% rise in imports, which now stand at $250.2 million, compensating for a 20% drop in exports to $194 million. The import of oil products saw the most significant growth, rising by 368%. There has also been a notable increase in the import of uncondensed milk and cream by 346%, milk and condensed cream products by 195%, ice cream by 172%, and cheeses by 115%. While the import of other dairy products experienced smaller growth, the figures remain substantial.

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

Original content

In Ukraine in January-October of this year. the turnover of foreign trade in dairy products increased by 25% compared to last year for the same period and amounted to UAH 444.1 million. Activity is increasing solely due to the increase in imports (+ 124%, to $ 250.2 million), as exports in 10 months fell by 20% ($ 194 million). This was reported by the press service of the Association of Milk Producers (APM) referring to the data of its analytical department. Thus, the volume of imports of all groups of dairy products without exception is growing. The leadership continues to be held by the import of oil, according to the results of the reporting period, it was imported into the country by 368% more than last year for the same period. It is noted that one of the highest growth rates is also demonstrated by the group of uncondensed milk and cream - by 346%, to 10.7 thousand tons. In the three-digit digital range, imports of the group of products of milk and condensed ...

Source: Apk-inform