On September 1, 2024, the Digital Trade Agreement between Ukraine and the United Kingdom entered into force. Ukraine became the second country after Singapore to sign such an agreement with the United Kingdom. The relevant statement was made by the Ukrainian Economy Ministry, an Ukrinform correspondent reports. “The implementation of this agreement will deepen Ukraine’s … Read more
Hungary will maintain its ban on the imports of Ukrainian agricultural produce, but will permit its transit and will try to persuade the European Union to draw up rules that will take Hungarian farmers’ interests into account, Hungarian Agriculture Minister Istvan Nagy said at a meeting with Ukrainian Deputy Economy Minister and Kiev’s Trade Representative … Read more
The Ukrainian Agrarian Policy and Food Ministry will determine minimum export prices on certain agricultural products taking into account delivery terms and in compliance with the International Rules for the Interpretation of Trade Terms, Ukrainian media reported with reference to the ministry’s press service. At a meeting on Tuesday, the government endorsed a procedure for … Read more
Ukrainian producers of organic food increased exports by 32.3% year-on-year to 75.340 million tonnes in the first half of 2024, Organic Standard LLC, the country’s first accredited certification body for organic production, said. “In the first half of this year our clients raised the bar for exports of organic products compared to previous years: 2024 … Read more
Ukraine’s goods exports amounted to $2.969 billion in money terms in July 2024, 9% month-on-month, while in physical terns, the country’s exports decreased 0.6% in the same period, Ukrainian Deputy Economy Minister and Trade Representative Taras Kachka said. “The main reason is the seasonal change of exported crops,” Ukrainian media quoted Kachka as saying on … Read more
Ukraine exported 173,720 tonnes of organic agricultural products to the European Union in 2023, 20.7% less than a year earlier, Ukrainian media reported Organic Ukraine as saying on Telegram. The association attributed the drop primarily to the decrease in output of organic products because the crop area was reduced. Nonetheless, Ukraine remained among the five … Read more
Exports of goods from Ukraine fell 7% in June 2024 year-on-year to its all-time low of $2.77 billion since the beginning of this year, Ukrainian media quoted the Institute for Economic Research and Policy Consulting (IER) as saying on Tuesday. According to IER’s foreign trade monitoring, exports of agricultural products dropped 2% to $1.60 billion, … Read more
Ukraine’s visible imports rose 9.2% to $33.2 billion in the first half of 2024 from $30.4 billion a year earlier, while exports edged up by 0.5% to $19.5 billion from $19.4 billion, Ukrainian media reported the State Customs Service as saying on Telegram. Imports therefore exceeded exports by 70%, with the visible trade deficit totalling … Read more
Ukrainian ports increased cargo handling by 60% year-on-year to 53 million tonnes in the first half of 2024, Ukrainian media reported, citing the Ukrainian Sea Ports Authority (USPA). “In total Ukraine’s ports handled 53 million tonnes in the first six months of 2024, compared to 31.2 million tonnes a year earlier, and processed 6,046 vessels,” … Read more
Ukraine exported 5 million tonnes of agricultural products in June, 25% less than in the previous month but about the same as the 4.9 million tonnes exported in June 2023, Ukrainian media reported, citing information and analytics agency UkrAgroConsult. The country’s overall agricultural exports in the 2023-2024 agricultural year (July-June), including grains, oilseeds and processed … Read more