Ukraine has chosen euro quotas for 7 product groups

Published 2021년 8월 12일

Tridge summary

Ukrainian agro-industrial exports to the EU have seen a 10% increase in the first seven months of 2021, reaching $3.7 billion, as reported by the Ukrainian club of agricultural business. This growth is attributed to the full utilization of duty-free export quotas for several products including honey, cereals, flour, processed starch, tomatoes, juice, poultry meat, and eggs. However, quotas for sugar and corn have remained underused due to market shortages and demand from China. There is a possibility that quotas for processed products from cereals, starch, and corn may not be fully utilized by the end of the year.

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

Original content

Export deliveries of Ukrainian agro-industrial products to the EU for 7 months of 2021 increased by 10% compared to the same period last year to $ 3.7 billion. This is stated in the message of the association "Ukrainian club of agricultural business". As noted, Ukraine, as of August 1, fully used quotas for duty-free export of agri-food products to the EU for 7 groups of goods: honey, cereals and flour, processed starch, processed tomatoes, grape and apple juice, poultry meat (volume for 3 quarters ) and eggs (volume for 3 quarters). “Compared to the same period last year, no quota was used for 2 groups of goods: sugar and corn. The quota for sugar was not used due to a shortage in the Ukrainian market, and for corn - because of significant demand from China and the redirection of volumes through this sales channel, ”the experts explain. Potentially, by the end of the year, quotas for processed products from ...

Source: AgroPortal.ua