Last year, Ukraine reduced exports of agricultural products to the EU - Pugachev

Published 2021년 3월 5일

Tridge summary

In 2020, Ukrainian agricultural exports to the European Union fell by 10.7% to $6.7 billion due to COVID-19 restrictions and a bird flu-related ban on Ukrainian chicken. The ban impacted the sales of all major export items, except sunflower oil. The EU is the primary market for a number of Ukrainian agri-food products, including fish, egg products, honey, fruits, and rapeseed. Ukraine exhausted quotas for duty-free supplies of several products to the EU, but the quota for wheat and butter could not be closed.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In 2020, supplies of Ukrainian agricultural products to the European Union amounted to 6.7 billion dollars. US, down from the previous year by 10.7%. This was announced by Deputy Director of the National Research Center "Institute of Agrarian Economics", Academician of NAAS Mykola Pugachev. The reason for this, he explained, were both restrictions related to the COVID-19 coronavirus pandemic and some other circumstances, including bird flu, due to which the European Union imposed a ban on the supply of Ukrainian chicken. As a result, last year there was a reduction in the quantity and value of sales of all major export items, except for sunflower oil. The commodity structure of domestic supplies to the European Union largely repeats the general one. It accounts for more than 80% of exports of cereals and oilseeds, fats and oils, and processing residues. Interestingly, the scientist noted that the European Union is the main market for a number of agri-food products from Ukraine: • ...
Source: Agrobusiness

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