Export of agricultural products from Ukraine has increased by 25%.
From January to February 2019, agricultural products worth $3.5 billion were exported from Ukraine, which is 24.5% higher than the previous year’s figures. This information was provided by the Ministry of Agrarian Policy and Food.
The share of agricultural products in the total export volume was 44%. The main export commodity during this period was corn (33.6% of the total export volume), followed by vegetable oils (20.1% of the total export volume), and wheat and a mixture of wheat and rye (11.8% of the total export volume) in third place.
The main importing countries during this period were Asian countries (India, China), followed by EU countries (Netherlands, Spain, etc.), and the top three leading importing countries were African countries (Egypt). The export volume to these countries amounted to $1.38 billion, $1.25 billion, and $559 million, respectively.
Over the past year, exports of agricultural products from Ukraine have increased by 25%. This is due to a number of factors, such as increased productivity and yield of agricultural crops, development of new sales markets, reduction of the tax burden on agricultural enterprises, and improvement of infrastructure for transportation and storage of products. The export of agricultural products is an important source of income for Ukraine and contributes to the development of its economy. In addition, the growing export of agricultural products allows Ukraine to strengthen its position in the global market and improve its image as a reliable supplier of quality products.
Over the past year, agricultural product exports from Ukraine have increased by 25%. This is due to a number of factors such as increased productivity and yield of crops, the development of new markets, the reduction of tax burden on agricultural enterprises, and the improvement of infrastructure for the transportation and storage of products. Agricultural product exports are an important source of revenue for Ukraine and contribute to the development of its economy. Moreover, the growing export of agricultural products helps strengthen Ukraine’s position in global markets and improves its image as a reliable supplier of quality products.