15:02 26.01.2018

Exports of Ukrainian agricultural products 16.3% up in 2017

2 min read
Exports of Ukrainian agricultural products 16.3% up in 2017

Foreign trade with agricultural products and food in 2017 reached $22.6 billion, including over $17.9 billion of exports (16.3% up on 2016), the Agricultural Policy and Food Ministry of Ukraine has reported.

"In 2017, exports of Ukrainian agricultural products and food showed positive results, reaching over $17.9 billion. Last year the figure was $15.5 billion. Today, the share of exports of total trade with agricultural products and food is 79.4%," the ministry said, citing Deputy Agricultural Policy and Food Minister of Ukraine for European integration Olha Trofimtseva.

She said that exports of crops rose by $2.1 billion, totaling $16.7 billion. Supplies of livestock products in money terms rose by $371.4 million, accounting for almost $1.3 billion.

Trofimtseva said that the share of grain crops is 36.2%, for vegetable oil - 25.1% and oilseeds – 11.3%.

Growth of Ukrainian exports is linked to the increase of supplies of processed products and food.

"This concerns exports of butter that rose by $92.2 million compared with 2016, sugar – by $49.7 million, malt extracts, products from flour and cereals – by $48.8 million, fresh or cooled peas – by $44.3 million, frozen beef – by $39.2 million," she said.

According to the report, the top five countries each of which bought Ukrainian agricultural products and food for over 41 billion in 2017 includes India, the Netherlands, Egypt, Spain and China. Exports to Asian countries totaled 42.6%, to the European Union – 32.4%, African countries – 14.2%, the CIS – 7.6%, the United States – 0.4% and other countries – 2.8%.

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