Ukraine’s imports of agricultural products grew by 12.3% in H1 2020

Ukraine’s imports of agricultural products grew by 12.3% in H1 2020

Ukrinform
Ukraine imported agricultural products worth $3.2 billion during the first six months of 2020, which is 12.3% more than in the same period last year, according to the National Scientific Center “Institute of Agrarian Economics” (IAE).

"According to the State Statistics Service, Ukraine imported agricultural products worth $3.2 billion between January-June 2020. This is $ 0.4 billion (up 12.3%) more compared with the first six months last year,” IAE Deputy Director Mykola Puhachov said.

According to him, the main suppliers of agricultural products to Ukraine were traditionally EU countries. They accounted for about half of Ukraine’s imports. In the first half of 2020, agricultural products worth USD 1.594 billion were purchased in this region.

Lower volumes of imports came from other regions of the world. Between January-June 2020, Ukraine’s imports of agricultural products from the countries of Asia reached $610 million (19% of total imports), Latin America – $252 million (8%), and Africa – $163 million (5%).

Among largest suppliers of agricultural products to Ukraine were Poland ($368 million), Germany ($238 million), Turkey ($232 million), Italy ($189 million), the United States ($169 million), France ($155 million), the Netherlands ($141 million), Norway ($103 million), China ($ 100 million) and Spain ($93 million). In total, these countries accounted for about 56% of the value of Ukraine’s agricultural imports.

Between January-June 2020, Ukraine’s imports of fruits and berries (mainly citrus and bananas) amounted to $341 million; fish, crustaceans and mollusks - $295 million; tobacco products - $243 million; oilseeds - $215 million; alcoholic beverages - $199 million; vegetables - $191 million; cocoa products and chocolate - $152 million. These products accounted for 58% of the value of Ukraine’s agricultural imports, Puhachov summed up.

As reported, according to the State Customs Service, Ukraine imported goods worth $24.3 billion between January-June 2020 (down 12% from last year); Ukraine’s exports of goods amounted to $23 billion (down 6%).

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