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In January 2024 Ukraine managed to export 7,7 million tons of agricultural products, which is 0,3% lower than the previous month.

However, not all food products managed to physically cross the border and are waiting in queues for departure. As for the structure of export in January 2024, it looked like this:

grain crops: 5,3 million tons (corn - 63%, wheat - 30%, barley - 6%). Reduce to last month's indicator: -1%;

oil crops - 765,0 thousand tons (rape - 52%, soybeans - 40% and sunflower... Read More

In 2023, Ukraine has imported tractors worth 830,7 million US dollars  – 4,3% more than the previous year.

Most of the machinery was imported from Germany (17,3%), Poland (15,6%) and the Netherlands (12,7%).

The export of tractors in 2023 was 5,7 million US dollars, which is 18,6% less than the year before.

Last year, the main buyers of Ukrainian tractors were Germany (16%),... Read More

During 2023, Ukrainian Railways transported 30,58 million tons of grain cargoes, which is 1,7 million tons more than the volume of transportation in the previous year. Last year, 22,73 million tons were transported in export traffic. This is 178 000 tons more than in 2022. Among them:

14,3 million tons (-4,9%) were transported to ports;

to the western border crossings — 8,4 million tons (+12,2%).

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Great Britain is helping to protect Ukraine's long-term future. British International Investment is investing 25 million US dollars to unblock Ukrainian export and import, including vital food supplies. British International Investment is a British development finance institution and influential investor supported by the UK government.

More details: https://bit.ly/3U8TgCw

 

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For January–November 2023, export of goods amounted to 32,978 billion US dollars, or 81,1% compared to January–November 2022, import – 57,329 billion US dollars, or 116,5%. The negative balance is 24,351 billion US dollars (for January-November 2022, it is also negative - 8,5695 billion US dollars). The export/import coverage ratio was 0,58 (0,83 for January–November 2022). Foreign trade operations were conducted with partners from 228 countries of the world.

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At the meeting on January 19, 2024, the Cabinet of Ministers of Ukraine has approved the procedure for checking documents accompanying cargo with seeds and planting material during phytosanitary control.

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The total revenue of Ukraine from the export of meat and offal according to the results of last year amounted to 892 million US dollars, that is, 4% less than in 2022. The key product position here is poultry meat — 800 million US dollars (-6%), while its sales in natural terms increased by 3% to 425 000 tons.

Significant revenues were also received from the export of frozen beef –  85 million US dollars (+24%).

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In 2023 the European Union remained a critically important sales market for some goods, in particular, purchasing more than 90% of Ukrainian honey and about 80% of horticultural products. This was reported by the Ukrainian Agricultural Export Association (UAEA).

In particular, they mention that in 2023, revenue from the export of fruits, berries and nuts equaled 257 million US dollars, having reduced by 18%.

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Last year, China bought a record amount of meal – 8,7 million tons (+12% by 2022). About 60% of deliveries in the reporting period were sunflower and rapeseed meal – 2,9 million tons and 2,3 million tons respectively.

Last month, China has bought the main volumes of sunflower meal from Ukraine (218 000 tons) and Bulgaria (129 000 tons), and rapeseed meal from Canada (168 000 tons) and the UAE (50 000 tons).

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The Ukrainian Energy Stock Exchange has already registered 14 market participants from Ukraine in the electricity import/export section, two non-resident companies are in the final stage of registration.

The opening of the direction of cross-border trade in electricity at UESE aroused interest both from the participants of the electricity and energy market of Ukraine and from non-residents.

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