During the period, Ukraine imported goods worth $45.1 billion, and exported $27.5 billion In January-August 2024, Ukraine’s trade turnover totalled $72.6 billion. This is according to the State Customs Service. During the first 8 months of 2024, Ukraine imported goods worth $45.1 billion and exported – $27.5 billion. At the same time, taxable imports amounted … Read more
The free trade agreement with Turkey, which is currently undergoing the process of ratification in the Ukrainian parliament, will facilitate the entry of Ukrainian manufacturers into the Turkish market and the attraction of Turkish investments into the Ukrainian economy. Ukrainian Ambassador to Turkey Vasyl Bodnar said this in a comment to Ukrinform. “Thanks to the … Read more
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