Ukraine tripled pork exports in a year

Published 2024년 12월 13일

Tridge summary

In the first eleven months of 2024, Ukraine saw a significant increase in pork exports, shipping out 2.8 thousand tons, which is three times the amount exported in all of 2023, generating revenue of $6.9 million. The majority of these exports were sent to the UAE (71%), with smaller quantities going to Bahrain and Hong Kong. Despite this increase, the association 'Pig Farmers of Ukraine' believes the growth is modest and the country needs to continue to be a net exporter. To support this, imports of pork have decreased significantly, down by 5.7 times compared to the same period in 2023, totaling 2.2 thousand tons and $5.5 million in revenue. The main sources of pork imports were Canada, Denmark, and Spain.

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Original content

In January-November 2024, Ukraine exported 2.8 thousand tons of pork, which is three times more than in the whole of 2023. This year's revenue amounted to $6.9 million. This is evidenced by data from the State Customs Service. Most of the domestic pork was supplied to the UAE (71%), Bahrain (10.2%) and Hong Kong (5.7%) during the 11 months. “This year's export gains remain quite modest, both compared to the total domestic supply of pork in the country (about 0.6% of the total or 0.8% of the industrial), and to many previous years,” the association “Pig Farmers of Ukraine” (ASU) noted. The activity of external shipments has been exceeding the rate of pork arrivals from abroad for half a year, the ASU emphasized. In January-November 2024, Ukraine imported 2.2 thousand tons of pork, which is 5.7 times less than in the same period last year. In monetary terms, imports for 11 months of this year also decreased by 5.7 times, compared to the same period in 2023, to $5.5 million. During ...

Source: Agrotimes