Government expands list of critical import goods

The Cabinet of Ministers of Ukraine has expanded the list of critical import goods, namely with the goods required for industrial manufacturing and construction. The relevant statement was made by the Ukrainian Economy Ministry, an Ukrinform correspondent reports. “Last time the list of critical import goods was updated and approved at a meeting of the … Read more

Ukraine to suspend certain exports

The Cabinet of Ministers of Ukraine has amended the quotas on products subject to licensing, resetting quotas for the export of a number of food products. According to Ukrinform, this is stated in Government Resolution No.207 of March 5. In particular, quotas on exports of livestock, frozen beef, meat, and meat offal, rye, oats, buckwheat, … Read more

NBU bans all transactions with Russian, Belarusian currencies

Authorized institutions have been banned from conducting any foreign exchange transactions using Russian and Belarusian rubles, as well as with the participation of Russia and Belarus. That’s according to amendments to the resolution “On the operation of the banking system during martial law,” Ukrinform reports. “It is prohibited for authorized institutions to carry out any … Read more

Ukraine imported fish and seafood mostly from Norway in 2021

Ukraine imported $874 million worth of fish, crustaceans and mollusks in 2021, which is 28.6% more than in 2020. Ukrinform reports with reference to the National Scientific Centre “Institute of Agrarian Economics (IAE)”. “Most fish and seafood are usually imported to Ukraine from Europe and North America. Norway has held the leading position in terms … Read more

Ukraine’s exports of goods grew by 38.4%, imports of services by 32.9% – statistics service

In 2021 compared to 2020, Ukraine’s imports of goods grew by 34.0% to $72.82 billion, exports – by 38.4% to $68.09 billion; Ukraine’s imports of services increased by 32.9% to $7.59 billion, exports – by 14.2% to $13.16 billion, according to the State Statistics Service. In 2021, exports of goods from Ukraine amounted to $68,089.3 … Read more

Share of agriculture in Ukraine’s GDP exceeded 10%

In 2021, the share of agriculture in Ukraine’s GDP was the highest among all sectors of the economy and amounted to more than 10%, Minister of Agrarian Policy and Food of Ukraine Roman Leshchenko wrote on Telegram. “Agriculture showed the highest increase in production in 2021 – 14.4%. According to the results of the year, … Read more

Energoatom, OCNI sign memorandum of cooperation

Ukraine’s NNEGC Energoatom and the Organization of Canadian Nuclear Industries (OCNI) have signed a memorandum of cooperation in the nuclear energy sector, Ukrinform reports, referring to the press service of Energoatom. “NNEGC Energoatom and the Organization of Canadian Nuclear Industries (OCNI) reaffirmed their partnership by signing a Memorandum of Understanding on cooperation in the field … Read more

Ukraine to export semi-finished meat products to Montenegro – food safety service

The competent authorities of Ukraine and Montenegro have agreed on the form of a certificate for the exports from Ukraine of semi-finished meat products intended for human consumption, Ukrinform reports, referring to the State Service on Food Safety and Consumer Protection’s press service. It is noted that the approval of the certificate became possible due … Read more

Ukraine’s agri-food exports to EU up 33% last year

Ukrain Import Export Europe

In 2021, exports of Ukrainian agri-food products to the European Union in monetary terms increased by 33% compared to 2020 and reached $8.3 billion. That’s according to the Ukrainian Club of Agrarian Business (UCAB), Ukrinform reports. It is noted that the growth is partly due to the increase in the cost of most categories of … Read more

PM: Ukraine to sign trade agreements with several countries this year

IOR Ukraine

In 2022, Ukraine plans to sign important trade agreements with several countries. “One of the main activities will be the preparations for signing the ‘industrial visa-free regime’ [Agreement on Conformity Assessment and Acceptance of Industrial Products] with the EU, as well as updating trade annexes to the [EU-Ukraine] Association Agreement. In addition, we plan to … Read more