Open Celestial Empire: what Ukraine sells and how to trade with China

Submitted by bashun on Thu, 12/07/2017 - 09:49

Several years ago, everyone started talking about cooperation with the People's Republic of China and its appeal to Ukrainian food producers. What has been achieved in this direction over the years?

Today, China ranks among the TOP-10 leaders in the regional structure of Ukrainian agrarian exports and is one of the strategic partners in the trade. According to the results of 2016, the export of Ukrainian products to China amounted to $ 1,025 billion, and for 6 months of 2017 - $ 434.554 million. The main commodity items remain oil - $ 226.2 million, cereals and cereals - $ 182.9 million, cheeses and yoghurts - $ 6, 8 million.

"As the first half of 2017 shows, we have progress in this direction. The Chinese market opened for the export of our frozen beef, as well as the export of Ukrainian dairy products, oilseeds and nuts. However, despite the scale of the economies of both countries and the opportunities of the Ukrainian agrarian sector, there is still a lot of potential for both increasing the volume of trade and for bilateral projects between Ukrainian and Chinese companies, "said the Deputy Minister of Agrarian Policy and Food of Ukraine on Euro integration Olha Trofimtseva.

Do not forget that the access to the Chinese market also received beet pulp and sunflower meal. In turn, fish products. Negotiations are also continuing on access to Ukrainian egg products, poultry meat, honey, sweet cherries, rapeseed, wheat, blueberries, sorghum and apples. However, according to the State Service of Ukraine for Food Safety and Consumer Protection, China's appetite does not end there, so expect a further expansion of the food list. However, if you look at the customs statistics, in fact, Ukrainian producers export a much wider range of products.


Read more