Lebanon will soon import Ukrainian dairy products - the reasons for cooperation

Published 2021년 2월 16일

Tridge summary

Ukraine is set to open a new market for its dairy products in Lebanon, according to the Ukrainian Ambassador to Lebanon, Ihor Ostash. The economic crisis in Lebanon has led to a significant decrease in dairy product imports from Europe, creating a vacant market that Ukrainian producers can exploit. Ukrainian hard cheeses, yogurt, sour cream, and butter are expected to be particularly popular in Lebanon. In 2019, Lebanon imported dairy products worth $292 million, which reduced to $127 million in 2020.

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Original content

This was announced in a comment to Radio Svoboda by the Ambassador of Ukraine to Lebanon Ihor Ostash. It will be recalled that in February 2021 a new market for Ukrainian dairy products will open in Lebanon. Such cooperation expands the markets for Ukrainian dairy products and creates additional opportunities for doing business for exporters from Ukraine, the embassy said. "Due to the economic crisis in Lebanon, imports of dairy products from Europe have fallen significantly. Therefore, given the price-quality ratio, Ukrainian products will be very competitive. In 2019, the import of dairy products amounted to 292 million dollars, in 2020 it dropped to 127 million. Therefore, a niche was formed that can be occupied by Ukrainian producers. At the same time, Ukrainian hard cheeses will be of special interest, ”said Ukrainian Ambassador to Lebanon Ihor Ostash. According to him, the Lebanese market is in great demand for yogurt and sour cream, "and Ukrainian butter is extremely ...

Source: MilkUA