In spite of the crisis: Ukraine has increased agricultural exports to Saudi Arabia

Published Jan 22, 2021

Tridge summary

In 2020, Ukrainian agricultural exports to Saudi Arabia saw an 11% increase, reaching $410.9 million, with the main exports being cereals, meat, dairy products, and honey. To further boost these exports, the Ukrainian Ministry of Economy held the first meeting of the Ukrainian-Saudi working group to develop trade and investment relations in the agricultural sector. The group aims to increase the reach of Ukrainian agricultural products in the Saudi Arabian market, encourage Saudi Arabian investment in Ukrainian agriculture, and utilize Saudi Arabian logistics capabilities to promote Ukrainian products in regional markets.

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

Original content

Most of all exported cereals, meat and edible offal, fats and oils, milk and dairy products, poultry eggs and natural honey. Exports of Ukrainian agricultural products to Saudi Arabia in January-November 2020 increased by 11% and amounted to $ 410.9 million. "The largest volumes of export are grain crops, meat and edible by-products, fats and oils, milk and dairy products, poultry eggs, natural honey," it was reported. Also, the Ministry of Economy announced the holding of the first meeting of the Ukrainian-Saudi working group on the development of trade and investment relations in the agricultural sector. "The purpose of this working group is to develop practical steps aimed at expanding the presence of Ukrainian agricultural products in the market of the Kingdom of Saudi Arabia, attracting investments from the ...

Source: Zol