Ukraine increased the export of pasta products by a third

Published Jul 2, 2024

Tridge summary

In 2023, Ukraine saw a significant increase in pasta exports, with about 24,000 tons valued at nearly $53 million, a 33% rise from the previous year. The European Union was the primary market, contributing to around 83% of total exports, with Germany being the top buyer. Despite this growth, Ukraine still has a negative trade balance as imports exceeded exports by over 4,000 tons. The country's imports were mainly from Italy, Turkey, Poland, and China. There is an anticipated continuation of this growth in 2024, with a 50% increase in exports in the first quarter compared to the same period in 2023. Ukraine aims to expand its export markets to include the United States, Canada, Japan, China, South Korea, Australia, and Malaysia.

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

Original content

In 2023, Ukraine exported about 24,000 tons of pasta worth almost $53 million, which is a third more than in 2022. The growing dynamics of the export of pasta products was observed even before the start of a full-scale war. This is reported by the Ukrainian Agricultural Export Association. It is noted that the main sales market for Ukrainian pasta products has become the European Union, providing revenues in the amount of about 43 million dollars, which is 4/5 of the total amount of exports. The greatest demand for Ukrainian products was in Germany (4.6 thousand tons), Romania (3.1 thousand tons), Moldova (3.0 thousand tons), Poland (2.0 thousand tons), Latvia (1 .5 thousand tons), Great Britain (1.4 thousand tons), Lithuania (1.4 thousand tons) and Bulgaria (1.1 thousand tons). Ukrainian pasta was also exported to Israel, USA, Burkina Faso, Palestine and Iraq. In the structure of export sales, the following positions stand out: products without fillings - 2.2 thousand tons, pasta ...

Source: Agrobusiness