Exports of Ukrainian agricultural products to EU increased by 38.2% in January-November 2017

10.01.2018 10:18

Ukrinform

In January-November 2017, trade turnover between Ukraine and the European Union increased by $1.715 billion or 31.1% compared to the same period in 2016 and totaled $7.2 billion. At the same time, exports of agricultural and food products from Ukraine to the EU countries grew by $1.4 billion or 38.2%, and totaled $1.4 billion, according to Deputy Agrarian Policy and Food Minister of Ukraine on European Integration Olha Trofimtseva.

"We are glad that the Agreement on the Free Trade Area between Ukraine and the EU works, and this is reflected in the figures of growth of our bilateral trade turnover in the agrarian and food sectors. We also hope that this positive trend will continue in the future, taking into account our active work on bringing our Ukrainian legislation in line with the EU standards,” Trofimtseva noted, the Agrarian Policy Ministry's press service reports.

The deputy minister also stressed that among the products mostly exported by Ukraine to the EU over the reported period were grains ($1.4 billion), vegetable oils ($1.3 billion), and oilseeds ($ 0.9 billion).

"Along with these traditional export products, we have significantly increased the export of malt extracts, flour products, cereals (by $31.7 million), bakery and confectionery products (by $15.4 million), butter (by $2.4 million), casein (by $11.9 million), chocolate and other products containing cocoa (by $ 7.9 million), etc.," Trofimtseva noted.

According to the deputy minister, the top five countries importing Ukrainian agricultural products in January-November 2017 were Netherlands (18.4%), Spain (14.4%), Poland (13.3%), Italy (11.8%), and Germany (10.3%).

Top news