Ukrainian agricultural exports to the EU increased by 10% since the beginning of the year

Published 2021년 8월 11일

Tridge summary

Exports of Ukrainian agro-industrial products to the European Union increased by 10% in the first seven months of 2021, reaching $3.7 billion. Ukraine has fully used quotas for duty-free exports of agri-food products to the EU for seven groups of goods. However, quotas were not used for sugar and corn due to market shortages and demand from China. There is a risk that quotas for processed cereals, starch, and corn may be closed by the end of the year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the first seven months of 2021, exports of Ukrainian agro-industrial products to the European Union 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 Agrarian Business". As of August 1, Ukraine has fully used quotas for duty-free exports of agri-food products to the EU for seven groups of goods: honey, cereals and flour, processed starch, processed tomatoes, grape and apple juice, poultry meat (volume for three quarters) and eggs (volume for three quarters). Compared to the same period last year, no quota was used for two groups of goods: sugar and corn. The sugar quota was not used due to a shortage in the Ukrainian market, and for corn - due to significant demand from China and the redirection of volumes through this sales channel. Potentially, by the end of the year, quotas on ...
Source: AllRetail.ua

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