Georgia’s exports to the EU equaled $456 million, a 25% decline compared to 2023, seeing the EU’s share in Georgia’s total exports drop to 8.4%. Top Exported Commodities: Hazelnuts and other nuts: $45.3 million (+20% Year-on-Year) Copper ores and concentrates: $42.5 million (-85% YoY) Precious metal ores and concentrates: $39.8 million (+2,445% YoY) Oil and … Read more
The deficit of Ukraine’s consolidated balance of payments stood at $2.8 billion in September 2024 (about 1.6% of the projected 2024 GDP), compared to a surplus of $0.3 billion in September 2023 and $4.9 billion in August 2024, Ukrainian media said, citing data from the National Bank of Ukraine (NBU). The NBU said the deficit … Read more
Ukraine was also to reduce the burden on the borders of neighboring countries and return to its historical logistics routes in 2024, again exporting 88% of all agricultural goods through Ukrainian ports, Agrarian Policy and Food Minister Vitaly Koval said at a meeting of the Council on Agriculture and Fisheries (AGRIFISH) in Brussels. “It is … Read more
Ukraine’s deficit of foreign trade in goods increased 5.9% to $20.382 billion in January-September 2024 from $19.254 billion in the same period of 2023, Ukrainian media said, citing the State Statistics Service of Ukraine. Exports of goods from Ukraine increased 12.9% to $30.839 billion in January-September 2024 year-on-year, the State Statistics Service said. Imports rose … Read more
Ukraine currently has access to export its products in 340 trade destinations for agricultural products and is planning to open another 240 markets in the next five years, Ukrainian media outlets said with a reference Ukrainian State Service on Food Safety and Consumer Protection Director Sergei Tkachuk’s statement at the Kiev International Economic Forum. “We … Read more
Ukraine exported a record volume of over $3.8 billion worth of products in October 2024, which is 18.7% more than in September 2024, Ukrainian media have reported citing First Deputy Prime Minister and Economy Minister Yulia Sviridenko’s statement circulated by the ministry’s press service. “Significant growth in exports in October was possible due to increasing … Read more
The Export Credit Agency (ECA) of Ukraine and Export Credit Greece (ECG) have signed a memorandum of understanding. The aim of the memorandum is to establish principles for cooperation, support and for encouraging trade and investments between Ukraine and Greece, as well as to promote bilateral cooperation and information exchanges to coordinate this cooperation, Ukrainian … Read more
Ukraine’s gross domestic product (GDP) grew 3.8% (± 1%) in September 2024 year-on-year versus 0.3% in August and 1.1% in July, Ukrainian media said, citing the Ukrainian Economy Ministry’s preliminary estimates published on Friday. The ministry’s report puts GDP growth in the country at 4.5% (±1%) in January-September 2024 year-on-year compared to 3.9% in January-August, … Read more
The foreign trade in dairy products reached $20.4 million in the first half of October, up 7.8% month-on-month, Ukrainian media reported, citing the Ukrainian Union of Dairy Enterprises’ expert analytical service as saying. The exports rose 5.3% to $9.8 million, while imports grew 10.2% to $10.6 million, the statement said. In particular, the share of … Read more
Ukraine’s negative balance of foreign trade increased 6.5% to $17.613 billion in January-August 2024 from $16.532 billion recorded in the same period of 2023, Ukrainian media reported, citing the Ukrainian State Statistics Service. Exports of goods from Ukraine edged up 12% and totaled $27.578 billion in the first eight months of 2024 year-on-year, while imports … Read more