Ukrainian agricultural exports, dominated by plant products such as cereals, oil crops, and vegetable oil, saw a 25% decrease in the export value of seeds and fruits of oil crops in 2023, primarily due to a global decline in vegetable oil prices. Despite this, there was an increase in export deliveries of soybean oil and rapeseed oil, with European countries and Asia being the main buyers. In response to a record increase in Ukraine's foreign trade, Prime Minister Denys Shmyhal is set to sign an updated free trade agreement with Canada, and procedures are underway to update trade agreements with the European Free Trade Association. Additionally, a memorandum of understanding has been signed between the Ministry of Agriculture and the Ministry of Food, Agriculture and Fisheries of the Kingdom of Denmark.