The primary focus of Ukraine’s Export Strategy for the period up to 2030, currently being developed by the Ministry of Economy, is to promote the production of high-value-added goods and expand opportunities for Ukrainian exporters.

The strategy emphasizes implementing the “Made in Ukraine” policy, stimulating the processing industry, modernizing export support tools, and strengthening cooperation between the state and businesses.

Key goals of the strategy by 2030 include increasing the export volume of goods and services to $77 billion annually, raising the export share in GDP to 33%, and reducing the share of raw material exports to 59%.

For comparison, in 2024, exports generated approximately $51 billion in foreign exchange earnings for the economy. However, the export share in GDP has declined over the past decade from 49% in 2014 to 25% in 2023. The high share of raw materials in exports remains a significant challenge.

The strategy includes strengthening the state’s institutional capacity to support exports, creating a favorable environment for export activities, and increasing production volumes in Ukraine.

To achieve these goals, plans include launching a mechanism for government financial support for exports, improving existing financial mechanisms, and establishing an Export Development Fund, among other initiatives.

Reference source: http://surl.li/ghbkvls21qz