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

Ukraine
Published Mar 6, 2021

Tridge summary

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.

Original content

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: • fish and fish products - 26 million dollars. USD (62% of the value of foreign sales) • egg products - 12 million dollars. US (64%) • honey - 115 million dollars. US dollars (83%) • fruits and berries - 184 million dollars. • (77%) • rapeseed - 949 million dollars. • (94%) • plant materials - ...
Source: Agrobusiness
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