Ukraine increased imports of agricultural products by 12.3%

Published 2020년 7월 20일

Tridge summary

In the first half of 2020, Ukraine saw a 12.3% increase in agricultural imports, reaching a value of $ 3.2 billion, with the European Union being the primary supplier. The main imports included fruits, fish, tobacco, alcoholic beverages, and cocoa products. The cost of all key imported goods, except for sunflower seeds, increased. The majority of imports were from Poland, Germany, Turkey, Italy, and the USA, accounting for approximately 56% of the total import value.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the State Statistics Service, in January-June 2020, agricultural products worth $ 3.2 billion were imported to Ukraine. This is $ 0.4 billion (+ 12.3%) more than in the first 6 months of last year. This was stated by Deputy Director of the National Research Center "Institute of Agrarian Economics", Corresponding Member of NAAS Mykola Pugachev, according to the institute's website. According to him, the main suppliers of agri-food products to Ukraine are traditionally the European Union. They account for about half of imports. In the first half of 2020, agricultural products worth $ 1,594 million were purchased in this region. USA. Significantly lower volumes of imports from other regions of the world. In January-June this year, Ukrainian companies bought food from Asian partners - for 610 million dollars. USA (19% of total procurement), Latin American countries - by 252 million dollars. US (8%) and the African continent - by 163 million dollars. USA (5%). In the ...
Source: Agropolit

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