In 2023 the Export Credit Agency supported UAH 7,84 billion of export

In 2023 ECA insured credit agreements of exporters for the amount of UAH 1 billion and contracts of foreign economic activities of Ukrainian enterprises for the amount of UAH 64 million and supported a total of UAH 7,84 billion in export of goods and services.

ECA's insurance liability amounted to UAH 934,35 million, and one hryvnia of insurance liability was thus converted into UAH 8,39 of future export revenue.

Thanks to cooperation with the agency, Ukrainian business saved and created 3 077 working places in 2023.

As of January 1, 2024 ECA cooperates with 10 Ukrainian banks that provide financing to exporters under the agency's insurance coverage on an individual basis or under a portfolio insurance program.

Among them last year the largest volumes of export were thus supported by: Raiffeisen Bank (3 billion UAH), Ukrgasbank (1,75 billion UAH) and Oschadbank (1,12 billion UAH).

The three leaders in terms of the amount of issued export credits look a little different: the 1st position is in Ukrgasbank (363,5 million UAH), the 2nd is in Raiffeisen Bank (301,9 million UAH), the 3rd is in Oschadbank (167,5 million UAH).

Ukrainian producers insured by ECA sold the most products to their customers from Poland, Germany, and Türkiye, and the majority of exported goods belonged to: products of the processing industry, agriculture, forestry, and fisheries, and wholesale trade.

More details: https://bit.ly/3TZRvri

 

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