Last year, Ukraine updated the historical record of agricultural exports for the third time in a row

Published 2021년 2월 9일

Tridge summary

In 2020, Ukraine achieved a record in agricultural exports, with the sector reaching a value of $22,391 million, surpassing the previous year's record of $22,350. The growth was primarily driven by a significant increase in exports to Asia, which reached a peak during Ukraine's independence, growing by 16% from the previous year to $10.9 billion. Asia accounted for nearly half (48.7%) of total Ukrainian agricultural exports. However, exports to the European Union, Africa, and the CIS countries decreased by almost 11%, 12%, and 13.3% respectively. China emerged as the leading consumer of Ukrainian agricultural products, followed by India, the Netherlands, Egypt, Turkey, Spain, Poland, Italy, and Germany. Indonesia entered the top 10 list of importers for the first time, buying Ukrainian agricultural products for $566 million. The key products exported included cereals, oilseeds, various oils, residues and waste, meat, and offal, accounting for over 85% of the value.

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

Original content

According to him, a characteristic feature of the last year for the domestic agricultural sector of the economy was a number of records for the volume of supplies of agricultural products to foreign markets. Again, following the results of the calendar year 2020, the largest in the history of Ukraine exports of sunflower oil - 6.9 million tons and poultry - 431 thousand tons were recorded. Among the goods that do not belong to the most important in the list of foreign supplies, the maximum importance in the export of honey (81 thousand tons), frozen fruits and berries (55 thousand tons), pasta (30 thousand tons) and canned tomatoes (66 thousand tons). "According to the State Customs Service of Ukraine, in 2020 Ukraine exported agricultural food (groups 1-24 UKTZED, as well as casein, albumin, hides, fur, wool, etc.) in the amount of $ 22,391 million, breaking the 2019 record of $ 22,350 Thus, for the third year in a row, our country has updated the historical record of ...

Source: АгроЮг