About 30 million tons of cargoes have already passed through the special corridor through the Black Sea, which Ukraine opened seven months ago on its own, exclusively with the assistance of the United Defense Forces.
In December - February, the volume of cargoes shipped in the ports of Great Odesa increased significantly. Ukrainian products are now exported to at least 38 countries around the world.
Read MoreDespite the war, Ukrainian business took advantage of this opportunity and significantly increased the dynamics of obtaining the status of Authorized Economic Operator (AEO). Thus, for 3 years and 7 months of operation of the AEO program (as of the beginning of March 2024), 31 AEO authorizations have been received.
Read MoreThe affordable ship insurance program UNITY, implemented by Marsh McLennan and Lloyd's of London together with the government of Ukraine, is expanding significantly.
Under this program, it will be possible to insure not only sea transportation of food, but also ships carrying non-military cargoes, such as containers and metal products.
The rate within UNITY is now 0,75% for agricultural products.
Read MoreAs of March 6, in 2023/2024 marketing year, Ukraine has exported 30 million 444 thousand tons of grain and leguminous crops, which is 2 million 494 thousand tons or 1,08 times less than last year.
Preliminary data published by Minagro on the export of cereals and legumes, March 4. According to them, 29 million 951 thousand tons of grain and leguminous crops were exported in 2023/2024 marketing year.
Read MoreIn February 2024, compared to January, Ukraine has ncreased the volume of export of dairy products by 22% (according to the Association of Milk Producers).
In February 2024, Ukraine has exported 8,5 thousand tons of dairy products worth 16,6 million US dollars.
Read MoreThe import of corn to the European Union from third countries in 2023/24 will amount to 17,5 million tons, which is 33% less than the previous season (26,1 million tons).
Read MoreThe European Parliament Committee on International Trade on Thursday approved the continuation of trade liberalization measures to support Ukraine and Moldova.
It is offered to extend the temporary suspension of import duties and quotas for the export of Ukrainian agricultural products to the EU for another year – from June 6, 2024 to June 5, 2025.
Read MoreDespite the occupier's attempts to block the Black Sea, which is the main transit route, Ukraine's economic cooperation with the Arab countries continues to grow. This became noticeable in 2023, when after some decline in the first year of the war, trade between our countries increased significantly.
Now the balance for Ukraine is negative – by approximately 400 million US dollars.
Read MoreUkrainian soybean export in February this year amounted to 323 000 tons, which is almost no different from the indicator of the previous month (305 000 tons) or from February 2023 (327 000 tons).
Almost half of Ukrainian export in the reporting month were sent to Egypt, other importing countries with a relatively significant share are Türkiye and the Netherlands.
Read MoreUkraine continues to increase onion export based on a growing deficit of European products in the country and a reduce in domestic prices.
In particular, Ukrainian exporters increased the volume of onion supplies to Romania and Moldova, as well as slightly expanded the geography of sales. Last week wholesale onion batches from Ukraine were exported to Bulgaria, Greece and North Macedonia.
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