Ukraine remains among top five agricultural exporters to EU

Ukraine remains among top five agricultural exporters to EU

Ukrinform
Ukraine has slightly reduced its own agricultural exports to the European Union during the coronavirus crisis, but retained its place among the top five largest agricultural exporters to European countries, according to a report posted on the European Commission’s website.

“The top EU agri-food origins in the five months period include the UK, Brazil, USA, Ukraine and China. These countries have accounted for almost 40% of EU27 agri-food imports,” reads the report on the results of EU agricultural trade in January-May 2020.

According to the data provided in the report, Ukraine delivered 5.8% of total agricultural imports to the EU for a total sum of EUR 7,033 million in 2019 (compared to EUR 5,416 million in 2018). During the first five months of 2020, the volume of Ukrainian exports to the EU decreased by EUR 217 million (-7.3%) compared to the same period in 2019.

At the same time, Ukraine is on the 15th position in the list of the largest consumers of European imported agricultural products with a rate of 1.4% of its total volume.

In absolute terms, Ukraine imported agricultural products worth EUR 2,455 million from the EU in 2019 (EUR 2,039 million in 2018). Between January-May 2020, Ukraine consumed products imported from the EU for a total sum of EUR 1,147 million (up EUR 166 million compared to the same period last year, +16.9 %).

According to the report, the total volume of trade in agricultural products in the EU, including export and import operations, reached EUR 128.5 billion (up 1.6 % compared to January-May 2019).

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