News

In two months, Ukraine imported $11 million worth of live poultry

Ukraine
Market & Price Trends
Published Apr 8, 2024

Tridge summary

In the initial months of 2024, Ukraine experienced a significant increase in live poultry imports, with a 10.7% rise in volume to 633 tons and a 28.7% surge in value to $11.2 million, compared to the previous year. The main suppliers were Germany, Poland, and the Czech Republic. This growth aligns with the European Parliament's Committee on International Trade's decision to approve trade liberalization for Ukraine and Moldova, which includes eliminating import duties and export quotas for agricultural products to EU countries from June 2024 to June 2025. Despite this, concerns over unfair competition have prompted Bulgaria, Poland, Romania, Slovakia, and Hungary to call for the reinstatement of import duties on Ukrainian grain. Ukraine's agricultural product imports in 2023 amounted to $7.1 billion, marking an almost 13% increase from the prior year.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the first two months of 2024, Ukraine imported 633 tons of live poultry, such as chickens, ducks, geese, turkeys and guinea fowl, which is 10.7% more than in the corresponding period of the previous year. This information was reported by AgroTimes, referring to the data of the State Customs Service. In monetary terms, the value of live poultry imports in January-February 2024 increased by 28.7% compared to the same period last year and amounted to $11.2 million. The largest suppliers of live poultry to Ukraine during the first two months of 2024 were Germany (34.7%), Poland (23.2%) and the Czech Republic (19.7%). It will be recalled that the members of the Committee on International Trade of the European Parliament approved the continuation of trade liberalization measures to support Ukraine and Moldova. Accordingly, from June 6, 2024 to June 5, 2025, import duties and export quotas for agricultural products from Ukraine to EU countries will be removed. It was previously ...
Source: Landlord
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