Ukraine earned more than $18 billion on agricultural exports
12.11.2021 - 15:00
Exports of agri-food products from Ukraine in January-September amounted to $18.2 billion. This is $2.6 billion more than last year.
Bohdan Dukhnitsky, an employee of the National Research Center “Institute of Agrarian Economics”, said this with reference to the State Statistics Service.
According to him, the defining positions in the commodity structure of domestic agri-food exports are grains and oilseeds, vegetable oil, residues and waste, as well as meat products. The combined share of these products is more than 85% in agricultural exports.
The main sales markets remain four regions – Asia ($9.02 billion, a share of about 50%), the European Union ($5.4 billion, 30%), Africa ($2.3 billion, 13%) and the CIS ($0.96 billion, 5%). In total, they account for more than 97% of the value of Ukrainian agricultural exports.
According to the results of January-September 2021, China topped the rating of countries – importers of domestic agricultural products, having purchased Ukrainian food for $2.9 billion (+ 36% compared to last year).
India ranks second ($1.35 billion), followed by the Netherlands ($1.2 billion). Ukrainian exporters also received significant revenue from Egypt ($969 million), Turkey ($747 million), Poland ($743 million), Spain ($649 million), Indonesia ($634 million), Germany ($509 million), Italy ($452 million).
“These TOP-10 countries-importers of domestic agricultural products in January-September 2021 provided more than 55% of income from the export of agricultural products,” Bohdan Dukhnitsky summed up.
