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The turnover of trade in agricultural products between Ukraine and the EU reached 8.4 billion dollars

Ukraine
Published Nov 26, 2021

Tridge summary

In January-September 2021, the turnover of trade in agricultural goods between Ukraine and the European Union increased compared to last year's figures for the corresponding period by 20% and reached $ 8.4 billion. This was announced by a senior researcher at the Department of Economics of Agricultural Production and International Integration of the National Research Center "Institute of Agrarian Economics", Ph.D. Bohdan Dukhnytsky.

Original content

At the same time, he noted, the positive balance for our country increased to $ 2.4 billion, as the increase in domestic exports (+ $ 0.8 billion) outpaced the increase in procurement from representatives of EU member states (+ $ 0.5 billion). . The largest trading partners for Ukraine in the EU are six countries - the Netherlands, Poland, Germany, Italy, Spain and France. "The total share of these countries is about 71% of the turnover of mutual trade in agricultural goods. Obviously, the potential in this area for the rest of the grouping countries for Ukraine is far from exhausted, "Bohdan Dukhnytskyi stressed. As of mid-October, in 2021, domestic exporters have already fully used duty-free export quotas for supplies to the European Union of honey, apple and grape juice, barley groats and flour, canned tomatoes, processed starch, as well as quarterly eggs and poultry. . "This year, the ...
Source: Agrobusiness
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