Ukraine exported beef and cattle by $12 million more than it imported

Published Nov 25, 2024

Tridge summary

In October 2024, Ukraine saw a 13% increase in revenue from delivered animals compared to the previous month, totaling $5.07 million, and an 81% increase compared to October 2023. Despite a 20% decrease in cattle exports from January to October 2024, generating $24.32 million, chilled red meat exports surged by 78% in October, reaching 888 tons and $5.57 million in value. Frozen beef exports rose by 25% in revenue from September 2024 but fell 13% from October 2023. Overall, Ukraine exported 14.75 thousand tons of frozen beef in the first ten months of 2024, marking an 18% decrease in both volume and value. While imports of chilled and frozen beef declined, frozen red meat imports increased by 3% compared to October 2023, resulting in a positive foreign trade balance of $11.97 million in cattle and beef.

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

Original content

Revenue from delivered animals amounted to $5.07 million and increased by 13% compared to September 2024 and by 81% compared to October last year, reports the Association of Milk Producers with reference to the State Statistics Service. It is noted that in January - October 2024, Ukraine exported 12.85 thousand t of cattle (-20%) in the amount of $24.32 million (-0.4%). In October 2024, Ukrainian exporters delivered to foreign markets about 1 ton of fresh or chilled beef worth $7,000. Natural volumes of exports decreased by 12% compared to September of the current year and by 16 tons compared to October last year. Export revenue decreased by 64% compared to September of this year and by $54,000. compared to October 2023. In ten months of 2024, Ukraine exported 888 tons (+78%) of chilled red meat worth $5.57 million (+87%). Natural volumes of frozen beef exports in October amounted to 2.18 thousand tons. t (+26% by September and +21% by October last year). Cash revenue for ...

Source: AgroPortal.ua