Ukraine. Farm produce export geography largely expanded – agriculture minister

Over the year Ukraine has significantly expanded the geography of its agricultural exports, Minister of Agrarian Policy and Food Mykola Prysiazhniuk told a briefing at the Cabinet.
“Ukraine has managed to significantly expand the geography of its exports. Beside the major traditional importers of Ukrainian production – Egypt, Iran and Spain, Ukrainian traders have entered the markets of Japan, Taiwan, Switzerland, the United Arab Emirates and the Republic of South Africa,” the official said.

According to him, Ukrainian farm produce, including crops, is provided to the domestic market and is in demand on the world markets, holding leading positions there.

Thus, according to the minister, the foreign trade balance of agricultural products in 2012 was $8.2 billion. “The most important factors of the surplus are, as before, the high export volumes of grain – 36.6%, oil – 23.9% and oil seeds – 9.3%,” Prysiazhniuk stated.

Commenting on the situation in the sale of agricultural and food products, experts of the Ukrainian Agribusiness Club (UCAB) informed that in 11 months of 2012, Ukraine exported to the European Union and Customs Union member-countries agricultural products worth about $9 billion, which is 58% of the total exports of these products in the current year.

The export of agricultural products from Ukraine to the European Union in recent years has increased rapidly. In 2011, exports of these products to the EU in terms of money increased by 65% compared with 2010. In 2012, exports for the 11 months were 82% more than the annual figure for 2011. The bulk of exports to the EU are grains, oilseeds and their processing products.

Foreign trade in agricultural products with the countries of the Customs Union is also increasing – exports in 11 months of 2012 were more than the annual volume for 2011 by 28%. The main exports to the countries of the Customs Union are confectionery products and cheeses.


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