News

Trade in agricultural products of Ukraine with the EU decreased by 5%

Published Aug 7, 2020

Tridge summary

In January-June 2020, the turnover of trade in agricultural goods between Ukraine and the European Union decreased by 5.1% to $ 4.6 billion, of which $ 3.0 billion went to exports and $ 1.6 billion to imports.

Original content

Six countries remain the largest trading partners for Ukraine in the EU - the Netherlands, Poland, Spain, Italy, Germany and France. Their total share is about 75% of the turnover of mutual trade in agricultural goods. According to the expert, Ukraine provides the main volumes of supplies to the European Union at the expense of grain ($ 1.088 billion) and oilseeds ($ 145 million), oils and fats ($ 957 million), food industry residues and waste ($ 227 million). Mykola Pugachev noted that there is no clear commodity structure in imports to Ukraine from European countries. Tobacco products ($ 130 million), animal feed products ($ 106 million), alcoholic beverages ($ 130 million), various food products, including coffee extracts, tea, sauces ($ ...
Source: AllRetail.ua
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