News

As of November 11, the National Bank has reduced in a half  the terminal terms for operations for the export of agricultural goods, classified under 12 codes, from 180 to 90 calendar days.

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During January-October 2023, Ukraine has imported goods in the amount of 52,2 billion US dollars, and has exported goods in the amount of 29,8 billion US dollars.

Taxed imports amounted to 43,4 billion US dollars, which is 83% of the total volume of imported goods.

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Ukraine is moving towards the unified European rules for access to interstate lines for electricity exporters and importers. An agreement was signed with the Romanian operator Transelectrica. The first auction for the sale of access to the interstate crossing between Ukraine and Romania in the new format will take place on November 2. The auction will be joint for Ukrainian and Romanian companies and will be held on the Ukrenergo platform. The delivery date is November 3.

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Total revenues from Ukraine's export of fruit and berry products in January-September reduced by 30% to 167 million US dollars. Frozen fruits (98 million US dollars), walnuts (37 million US dollars), berries (17 million US dollars), and grain crops (10 million US dollars) are the largest in terms of sales value among horticulture products.

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Export sales of eggs for the three quarters of 2023 have already exceeded the indicators for the entire past year in terms of quantity and value.

Thus, about 40 000 tons of eggs worth 50 million US dollars were exported.

At the same time, the export price for Ukrainian companies continues to reduce — 1 270 dollars/t, or more than 33 000 dollras/container (26 tons).

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In the 2023/2024 marketing year (from July 1 to October 20, 2023), Ukraine has exported 8,02 million tons of grains and legumes. In this marketing year, Ukraine has already exported: 4,069 million tons of wheat, 656 thousand tons of barley, 0,8 thousand tons of rye and 3,175 million tons of corn.

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The deadline for submission of documents confirming the phytosanitary procedures of places of cultivation and storage of corn and soybeans in order to include a person into the Lists of individuals planning to export corn and soybeans to the People's Republic of China and the Lists of places of storage from which it is planned to export corn and soybeans to the People's Republic of China has been prolonged until November 1, 2023.

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The creation of insurance guarantee programs for their residents by Ukraine's partners encourages foreign companies to invest in the Ukrainian economy now, and not after the end of the war. Shmyhal informed about it during the Sixth German-Ukrainian Economic Forum.

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The small Polish seaport of Kolobrzeg, located on the coast of the Baltic Sea between Świnoujście and Gdynia, renewed transshipment of Ukrainian grain in the third quarter of 2023.

According to the given data, the Polish port handled more than 73 000 tons of cargo in July-September compared to 48 000 tons in the same period of 2022. Accordingly, transshipment volumes increased by 52%.

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Ukraine has started negotiations with Moldova and Romania regarding the creation of a "green corridor" between the checkpoints "Reni (Ukraine) - Giurgiulesti (Moldova) - Galats (Romania)" to speed up the movement of goods and the export of Ukrainian agricultural products.

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