Ukrainian agrarian export to the EU reached USD 2.3 bln — Trofimtseva
The export of agrarian and food products from Ukraine to the EU countries over five months of 2018 reached USD 2.3 bln.
"Over 5 months of 2018, agroexport to the EU countries increased by almost USD 13 mln as compared to the corresponding period in 2017," informed Olga Trofimtseva, Ukrainian Agrarian Policy and Food Deputy Minister for European Integration.
The largest share in the structure of agroexport to the EU is presented by:
- cereals — almost USD 862 mln;
- vegetable oil — USD 465 mln;
- food industry residues and waste products — USD 220 mln;
- oilseeds — USD 211.5 mln;
- poultry meat and offal — USD 100.5 million.
"The key importers of our products are the Netherlands with a 15.9% export share, Spain — 14.1%, Italy — 14%, Poland — 14%, Germany — 9.3% and France — 6.8%," the deputy minister added.
In January-May 2018, the foreign trade turnover between Ukraine and the EU countries increased by 7.8% as compared to the relevant period last year and amounted to almost USD 3.4 billion. The positive balance in bilateral trade for this period is USD 1.1 billion.
Reference: since the beginning of MY2018/19, as of July 11, 2018, Ukraine exported 555 thou. tons of grain, which is 63 thou. tons more than over the relevant period of the previous marketing year.