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Ukraine occupies a leading position in terms of agricultural exports

Published Jun 30, 2021

Tridge summary

In 2020, despite the pandemic, Ukraine maintained high positions in the global rankings of exporters of certain agri-food products and took the lead in the export of meal and cake, millet, barley, honey, rapeseed, and sunflower oil. The country also remained the second largest exporter of barley, honey, and rapeseed, and continued to decline in fresh or chilled peas exports, dropping from second to third place. Ukraine's exports to the European Union amounted to 6.0 billion euros, but due to changes in European statistics, it moved from third place to fourth in the ranking of agri-food suppliers to the Commonwealth. With no sudden restrictions on world trade in 2021, Ukraine has a good opportunity to consolidate and strengthen its position in target foreign markets.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In 2020, Ukraine, despite significant restrictions on international trade due to the spread of the COVID-19 coronavirus pandemic, managed not only to maintain high positions in the global rankings of exporters of certain agri-food products, but also took a leading position in the export of meal and cake , millet, barley, honey, rapeseed and other agricultural products, said 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, commenting on the data of the State Customs Service and operational information of the International Trade Center (ITC). According to him, Ukraine has already taken the first place in terms of sunflower oil exports. Last year, foreign sales of this product reached a record 6860 thousand tons. By increasing sales of meal and cake (mainly from sunflower) from 4957 thousand tons in 2019 to 5522 thousand tons (+11%) in ...
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