Ukraine continues to be one of the world’s leading wealth exporters.
In 2024, the country’s share of global wheat exports reached 7.9%. This is a significant achievement for Ukrainian farmers, who are overcoming numerous challenges, including economic difficulties and a complex geopolitical situation.
Read MoreThe trade turnover of agricultural products between Ukraine and Egypt in 2024 reached $1.4 billion. It is a 32% increase compared to the previous year.
This was announced by Ukraine’s Minister of agrarian policy and food, Vitaliy Koval, during a meeting with the newly appointed Extraordinary and Plenipotentiary Ambassador of the Arab Republic of Egypt to Ukraine, Barakat Ali Elleithy.
Read MoreUkraine is working on optimizing the operations of Danube ports and developing railway and road infrastructure to ensure the delivery of goods to port terminals.
This was reported by the Ministry of communities and territories development of Ukraine following a Quint format meeting, which brought together representatives from Ukraine, the United States, Romania, Moldova, and the European Commission (DG MOVE).
Read MoreIn 2024, Ukrainian producers gained access to foreign markets for 16 product groups across 9 countries worldwide.
Throughout the past year, global markets opened up for the following Ukrainian products:
Read MoreSince Ukraine joined the Convention on the common transit procedure (NCTS) and the implementation of the common transit procedure began on October 1, 2022 (known as the “customs visa-free regime”), Ukrainian customs authorities have processed 136.2 thousand transit declarations (107.2 thousand for departures and 29 thousand for arrivals).
Read MoreThe volume of announced and completed M&A deals in Ukraine, including corporate deals, venture capital transactions in the technology sector, as well as deals on the privatization of state property and the sale of collateral assets, amounted to $1,2 billion in 2024. Given the low publicity and transparency of deals, we assume that the volume of the M&A market in Ukraine in 2024 was somewhat higher, according to our estimates, it may be about $1,5 billion.
Read MoreDuring 2024, Ukraine reached a record in sugar export, delivering 746,3 thousand tons worth $419 million.
This is the highest sugar export figure within a calendar year according to statistics dating back to the creation of the National Association of Sugar Producers of Ukraine.
Thus, 40% of exports were sent to the European Union countries, and 60% were delivered to the world market.
Read MoreMore than 10 years of free trade with the European Union have turned our trade into an EU-centric one: now 59,5% of our export are to the Commonwealth countries. This was reported by the Deputy Minister of Economy of Ukraine – Trade Representative of Ukraine Taras Kachka.
Ukrainian export to the EU grew by $1,34 billion, or ,.9%. There is a trend towards a decrease in export of raw materials.
Read MoreThe inflow of foreign direct investment into Ukraine for the first 11 months of 2024 amounted to $3,98 billion, which is 14% less compared to the same period in 2023.
For the first 11 months of 2024, Ukraine's balance of payments was reduced to a deficit of $3,1 billion compared to a surplus of $8,4 billion for the same period in 2023, he noted.
Read MoreUkraine has restricted the import of eggs, poultry and products from them from nine US states due to the registration of bird flu there, the Eastern Interregional Main Directorate of the State Service of Ukraine for Food Safety and Consumer Protection reported, citing the Order of the state veterinary inspector.
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