Exports of goods from Ukraine drop 7% in June 2024 Y-on-Y, while imports rise 12% Y-o-Y – Institute for Economic Research and Policy Consulting

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

Ukrainian imports exceed exports by 70% in H1

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 handle 60% more cargo in H1

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

Ukrainian agricultural exports slip 1% in 2023-2024 season – analytics agency

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

Updated Canada-Ukraine free trade agreement to take effect on July 1

An updated Canada-Ukraine Free Trade Agreement (CUFTA) is taking effect on July 1, Ukrainian media have reported with reference to the Economy Ministry. Ukrainian First Deputy Prime Minister and Economy Minister Yulia Sviridenko and Canadian Minister of Export Promotion, International Trade and Economic Development Mary Ng issued a joint statement on the updated agreement on … Read more

Ukraine could export 43 million tonnes of grain and 17 million tonnes of oilseeds in 2024/25 agricultural year – Ministry of Agrarian Policy

Ukraine could export over 60 million tonnes of grains and oilseeds and their processed products during the 2024-2025 agricultural year (July-June), Ukrainian media reported citing a statement from the Ministry of Agrarian Policy. The ministry’s forecast for this season has Ukraine harvesting approximately 56 million tonnes of grain, including 21 million tonnes of wheat, 5 … Read more

DFC, Proparco to provide up to $100 mln in Ukraine trade finance guarantees in 2025

The U.S. International Development Finance Corporation and French development agency Proparco plan to share the risk on the European Bank for Reconstruction and Development’s trade finance exposure in Ukraine with guarantees of up to $100 million in the coming year, Ukrainian media reported, quoting an European Bank for Reconstruction and Development press release. “The two … Read more

Ukrainian, Japanese companies sign cooperation memoranda

A Japanese-Ukrainian public-private roundtable took place in Berlin the day before Ukraine Recovery Conference 2024, and 23 cooperation memoranda were signed between Ukrainian and Japanese entities, Ukrainian media said, citing the press service for the Ukrainian Economy Ministry. “Cooperation between Ukraine and Japan has been deepening systemically. Fifty-six agreements were signed at a conference in … Read more

Ukraine exports 50 mln tonnes of cargo by maritime corridor – Restoration Ministry

Ukraine has exported 50 million tonnes of cargo through the maritime corridor opened unilaterally nine months ago, and 1,737 ships have passed through Ukrainian seaports by now, Ukrainian media said, citing a statement by the Restoration Ministry. Combined efforts of the government, the Ukrainian Sea Ports Authority, international partners and port industry workers have enabled … Read more