EU reintroduces duties on oats from Ukraine

EU reintroduces duties on oats from Ukraine

Ukrinform
On June 19, the European Union reintroduced duties on oats from Ukraine because the country exceeded the volume of established quotas.

This is said in a statement on the website of the Directorate-General for Agriculture and Rural Development (DG AGRI), Ukrinform reports.

Duties will be in effect until June 5, 2025.

The ATM regulation includes an emergency brake for several products, including oats, which is automatically triggered if import volumes reached the average yearly imports recorded between 1 July 2021 and 31 December 2023. For oats, this average is 2.440,56 tonnes.

Once this volume is reached, the Commission reintroduces the corresponding tariff-rate quota from the DCFTA within 14 days.

As imports since the beginning of 2024 are above this volume, most-favored nations (MFN) duties will apply until the end of 2024. The DCFTA quota will be again available as of 1 January 2025. 

Ukraine exported slightly over 7,000 tonnes of oats to all third countries in 2022 and 11,173 tonnes from July 2023 to May 2024. In addition to the EU, it exports to a range of countries around the world: India, Iraq, Libya, Morocco, South Africa, Switzerland, Türkiye, and Vietnam to name a few.

As Ukrinform reported, on April 6, the European Commission proposed that duties on Ukrainian exports to the European Union be suspended for a year. The European Parliament supported this decision.

The EU is Ukraine's largest trading partner, while Ukraine is the EU's 15th largest trading partner.

In May, the EU Council adopted a regulation that abolished import duties on all Ukrainian exports to the EU for a year.

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