News

On May 27, the Estonian media company Delfi Meedia will hold a conference in Tallinn related to the investment in Ukraine. This will be the first such event in the Baltic and Scandinavian countries since the beginning of the full-scale russian invasion of Ukraine.

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In April 2024, Ukraine has managed to export 8,3 million tons of agricultural products, which is 16% more than in the previous month. It is necessary to take into account that not all products had time to physically cross the border and a certain amount of transport is still waiting in queues for departure.

As for the structure of product exports in April 2024, it looked as follows:

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In April this year Ukraine has exported 13,13 million tons of goods worth 3,355 billion US dollars. Corn became the leader in terms of volume and currency earnings. In terms of volume, export became the largest during the period of the large-scale invasion (in February 2022 - 12,8 million tons). In terms of money, Ukrainian exports are still lower than before the war, but since the beginning of the year they have remained stable at the level of more than 3 billion US dollars.

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In April, Ukraine has exported a record 13 million tons of products; in monetary terms, exports reached 3,3 billion US dollars.

"In April, we have a record volume of export since the beginning of the russian invasion of Ukraine - 13,1 million tons. This is 1,3 million tons more than in March. And more than Ukraine exported in February 2022,"-  said First Deputy Prime Minister of Ukraine - Minister of Economy Yulia Svyridenko.

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Deputy Chairman of the Committee on Economic Development, Dmytro Kysylevskyi, informed that the Government has taken another step towards the launch of insurance of investments of Ukrainian enterprises against war risks.

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The company "TK-Domashnyi Textile", which is part of the group of companies "Textile-Contact" (TK Group), started a new direction for the group - the production of a wide assortment of shoes at the purchased shoe plant in Chyhyryn (Cherkasy region).

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Ukraine remains dependent on the trends of the world market of dairy products, and their export is profitable only in the event that milk prices will be lower than in other leading exporting countries.

This year, the difference in prices for raw materials in Europe and Ukraine is insignificant, and exports are on the verge of breaking even. Usually, export prices for dairy products in Ukraine are lower than world prices.

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The export of sunflower oil from Ukraine in September-April 2023/24 marketing year amounted to more than 4,4 million tons, which exceeded the indicator for the same period of the previous season by 17% and became the second largest export volume in the entire history after the indicator of 2019/20 marketing year (4,49 million tons in September-April).

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As of April 1, 2024, the Export Credit Agency (ECA) supported Ukrainian export for 627 million UAH. During this period, domestic exporters in cooperation with ECA attracted 99,8 million UAH in financing from partner banks.

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According to the latest available data of the industry report "The World of Organic Agriculture 2024" on the development of the world organic market in 2022, Ukraine updated the maximum export value of 208 million euros, surpassing the previous peak of 2021, which amounted to 188 million euros.

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