For the third year in a row, Ukraine has updated the historical record of agricultural exports

Published 2021년 2월 10일

Tridge summary

In 2020, Ukraine's agricultural food exports hit a record $22.39 billion, with China being the largest buyer, accounting for 15.9% of total agricultural exports. Despite a decrease in exports to the European Union, Africa, and the CIS countries, exports to Asia saw a significant increase, reaching $10.9 billion, or 48.7% of total agricultural exports. China replaced India as the top buyer of Ukrainian agricultural products, with India, the Netherlands, Egypt, Turkey, Spain, Poland, Italy, and Germany also among the top buyers. Grain and oilseeds, various oils, residues and waste, meat, and by-products were the key exports, making up over 85% of the export value.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

At the end of 2020, Ukraine exported agricultural food for $ 22.39 billion, breaking the record in 2019 of $ 22.35 billion. The largest buyer is China. In 2020, agricultural products accounted for 45% of total exports from Ukraine, retaining leadership in its commodity structure. This was stated by Nikolai Pugachev, deputy director of the National Research Center Institute of Agrarian Economy. According to him, a number of records in terms of the supply of agricultural products to foreign markets became a characteristic feature of the last year. At the end of the calendar year 2020, the largest export volumes of sunflower oil in the history of Ukraine were recorded - 6.9 million tons and poultry meat - 431 thousand tons.Among the goods that do not belong to the most significant in the list of foreign supplies, the maximum quantitative values in exports were achieved honey (81 thousand tons), frozen fruits and berries (55 thousand tons), pasta (30 thousand tons) and canned tomatoes ...
Source: Zol

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