Press cake is responsible for more than 3% of Ukraine’s exports. Last year, 4.8 million tons of sunflower press cake were sold abroad for $1.03 billion, and 725,000 tons of soybean press cake for $304 million. Sunflower press cake is primarily exported to China (31.5%) and Poland (12%), while soybean press cake goes mainly to Poland (46%) and Hungary (24%). Press cake is used as animal feed and as a component in the production of complete compound feeds and feed mixtures.
Read MoreDuring the first official visit to Ukraine by Nadia Calviño, President of the European Investment Bank (EIB) Group, agreements were signed for support programs with a total budget of approximately 1 billion EUR.
Read MoreThroughout January 2025, Ukraine imported goods worth $5.5 billion and exported goods worth $3.2 billion. The countries from which Ukraine imported the most goods were: China - $1.4 billion, Poland - $487 million, and Turkey - $389 million.
Ukraine exported the most to Poland - $352 million, Italy - $205 million, and Spain - $202 million. The top three categories of goods exported from Ukraine included:
Read MoreFrom October 2024 to January 2025, Turkey imported 1.86 million tons of Ukrainian corn, which is nearly 10 times more than during the same period of the previous season, when import volumes amounted to only 194,000 tons.
As a result, Turkey overtook Spain and became the top importer of Ukrainian corn. Spain imported 1.5 million tons of Ukrainian corn over the same four-month period.
Read MoreThe Verkhovna Rada of Ukraine (VRU) approved in the first reading draft law No. 12117 on improving the functioning of industrial parks.
This was reported on Facebook by Member of Parliament Dmytro Kysylevskyi, Deputy Chairman of the Verkhovna Rada Committee on Economic Development, as conveyed by a Ukrinform correspondent.
Read MoreIn January 2025, Ukraine’s imports of goods increased by 7.8% compared to the same period last year, rising from $5.1 billion to $5.5 billion, while exports decreased by 5.9%, dropping from $3.4 billion to $3.2 billion. Import volumes for January have been growing since 2023, where they reached $4.8 billion, while exports have returned to the 2023 level of $3.1 billion.
Read MoreOn February 10, the U.S. President signed an executive order that canceled Ukraine’s temporary exemption from tariffs on the import of steel and steel products. Ukraine will continue active efforts with its partners to find an optimal solution for the metallurgical industry before the U.S. tariffs take effect. The executive order states that, starting March 12, 2025, all previous exemptions for Ukraine regarding the import of steel and related steel products will be revoked.
Read MoreUkraine is becoming increasingly significant in Germany’s bilateral trade and, despite the war, is growing more attractive for investments.
German exports to Ukraine increased last year by 1.2 billion euros to 8.2 billion euros (+17%). Ukrainian exports increased by nearly 20 percent, making it the second fastest-growing in the region.
Read MoreUkraine and North Macedonia have signed a protocol to the Agreement on International Road Transport, which will ensure the stable use of a permit-free system for freight and passenger transportation.
Read MoreIn 2024, for the first time in history, the trade turnover of agricultural products between Ukraine and the European Union (EU) reached $17 billion.
Mykola Puhachov, Deputy Director of the National Scientific Center, noted that Ukraine achieved a positive trade balance with the EU in agricultural products, amounting to approximately $9 billion.
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