Ukraine: Export of fruits, nuts, and berries for the first quarter of 2024 increased by 47%

Published 2024년 4월 18일

Tridge summary

In the first quarter of 2024, Ukraine experienced a notable 47% increase in its export revenue from fruits, berries, and nuts, totaling $87 million, with walnuts, frozen berries, fruits, apples, and pears leading the exports. Despite this surge, the country's overall agricultural food exports saw a 4% decline, amounting to $6.5 billion compared to the previous year. The Ukrainian Agricultural Export Association pointed out a rise in exports of value-added agricultural products but observed a decrease in dairy products and wheat flour exports, alongside dropping prices for eggs and honey. The EU remains the main market for Ukrainian agro-food products, though future trade liberalization could impose restrictions on certain exports. The association recommends market diversification, including African, Middle Eastern, and Southeast Asian countries, to counter potential export limitations.

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

Original content

In the first three months of 2024, according to data from the State Customs Service, revenue from the export of fruits, berries and nuts increased by 47% to $87 million. At the beginning of 2024, walnuts ($38 million), frozen berries and fruits ($29 million), apples and pears ($11 million). This was reported to the Ukrainian Agricultural Export Association (UAAE). They note that during this time the export of agricultural food amounted to $6.5 billion, which is 4% less than in the first quarter of last year. The Ukrainian Agricultural Export Association notes that the absolute majority of product groups and individual products with added value in January-March 2024 have growing export indicators. The quantity and value of sales on foreign markets of meat and by-products, horticulture products, sugar, chocolate and bakery sweets, various products of fruit and vegetable processing, fresh onions and garlic, pasta products, ice cream increased. On the other hand, the export of dairy ...

Source: Agrotimes