News

In the first half of the 2023/24 marketing year, Ukraine could export 31,0 million tons of agricultural products of various types, which is 17% less than the same indicator last year.

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Representatives of the customs and border administrations of both countries have already signed the act on the readiness of the checkpoint for the railway connection “Kuchurgan - Novosavytske” for the implementation of joint control.

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In the new electronic system all types of guarantees are submitted in a paperless form, and changes and withdrawals are made in the same way. Single (individual) guarantees are now also processed in the new system.

There are four ways of submission - via online API, offline API, e-mail and Personal Cabinet at the webportal "Single window for international trade" of the State Customs Service.

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Ukraine, which in 2022 received the right to duty-free food supplies to the EU, in 2023 became one of the largest suppliers of agricultural products to the European Union.

In the period from January to September of the current year, the European Union increased the import of agricultural products from Ukraine by 11% compared to 2022.

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From March 2022 to August 2023 Ukrainian consumers financed vegetable producers in other countries for the amount of 556 million US dollars –  this is the amount of vegetable import during this period.

The share of tomato import for almost 2 years of the war exceeded 50%, although before the war, on the contrary, local products made up such a share. Import of cucumbers increased from 15% to a third, of onions –  from 10 to 30%.

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The document provides that the DREAM state digital ecosystem will become a bank of public investment projects that meet the priorities of national and regional development.

The road map includes:

making decisions about public investments within the framework of strategic and medium-term budget planning and the creation of the Strategic Investment Council;

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The Law on Insurance of Investment against War Risks through the Export Credit Agency (ECA) entered into force on January 1, 2024. The law is aimed at expanding the capabilities of the ECA to insure investments in Ukraine (both foreign and domestic investors), in particular against war risks. From now on, the Ukrainian domestic investor will also have an opportunity to use the national insurance mechanism for non-property military and political risks.

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The export of eggs in January-November 2023 increased to 54 thousand tons, including eggs in the shell — 46 thousand tons for 57,7 million US dollars.

Singapore accounts for approximately 1/5 of the supply of shell eggs. However, the main sales market is EU countries, in particular Poland, the Netherlands, Denmark, Italy.

For 11 months of 2022 the export of eggs was estimated at 28 thousand tons.

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The Swiss company Harvest Commodities invested in the construction of its own grain warehouses in the Port of Izmail.

The company has invested in the construction of its own warehouses, creating crucial modern infrastructure in order to support the growth of grain export from this new trading hub.

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Over the past four years, Ukraine has turned from an importer of turkey meat into an exporter. As a result of russian aggression, the demand for turkey meat reduced, which made it possible to change the trade balance. In 2019-2021, the main importers of Ukrainian turkeys were Moldova (almost half of the volume), Benin and Azerbaijan.

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