Economy

The decline in prices for Ukrainian agricultural products has made them more competitive on the European Union market. Over the week, grain prices at Ukrainian ports have decreased by an average of $2-3 due to high supply. This was reported by analysts at Spike Brokers. This has made agriculture more competitive on the EU market….

In January-September 2024, deep-sea ports of Ukraine increased revenue, while Danube ports reduced financial results.

Nibulon stated that improving the financial situation requires reducing the loan portfolio, as well as reducing debt.

UCAB has appealed to the State Tax Service of Ukraine for clarifications regarding the export tax regime, which will come into force on December 1.

Since the beginning of the year, Bureau of Economic Security has provided compensation for UAH 1.3 billion in losses to the state budget.

Due to the decline in demand from China, Ukrainian traders are actively looking for new sales markets, expanding supplies to other countries in Asia and the Middle East.

From January to October 2024, the Russian invaders illegally exported Ukrainian agricultural products on 22 ships.

In November, freight rates were negatively affected by a decrease in agricultural exports.

In October 2024, 8 million tons of cargo passed through the seaports of Ukraine, which is 60% more than last year.