Agrarian exports to the EU set a record for the last 5 years

Submitted by bashun on Sat, 03/03/2018 - 16:49

According to the results of 2017, Ukraine showed an increase in the supply of agri-food products to the EU by 34%, which is 1.4 billion euros more than last year.

This dynamic is a record for the last 5 years. According to the latest report of the European Commission, among the main countries-suppliers of agri-food products in the EU, Ukraine rose from 8th to 4th place, giving place only to Brazil, the USA and Argentina.

As of February 27, 2018 Ukraine has already closed 4 quotas for honey, grape and apple juices, as well as wheat and corn for duty-free exports to the EU. Closed also quarterly quota for the export of poultry meat and a half-year quota for butter.

Last year, quotas were more actively closed at the beginning of the year. In February 2017, between 4 closed quotas, there was a significant use of a number of other quotas in the range of 70% -80%.

It bears reminding that since October 1, 2017, additional duty-free quotas for 8 groups of goods have entered into force, namely honey, cereals and flour, processed tomatoes, juices and a number of grains: oats, wheat, barley and corn. Now 4 quotas of additional ones are closed: honey, processed tomatoes, wheat and corn.

"The third year of the Association Agreement has already begun to bring positive results. The share of EU countries in the structure of Ukraine's agricultural food exports now stands at about 32%, and Ukraine's agricultural exports to the EU have become a record for the past 5 years. And although most of the exported to the EU is raw materials, the supply of niche and finished products, such as confectionery, berries, nuts and juices, is actively growing, "comments Daria Hrytsenko, an analyst of the foreign trade in agricultural food products of the Association "Ukrainian Club of Agrarian Business".


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