News

In 2023, the vast majority (98%) of Ukrainian sugar exports were directed to EU markets, but in 2024, this figure decreased to 40%.

The European market remains a priority for Ukrainian sugar producers, primarily due to logistical advantages, such as the ability to deliver goods by land transport at any time, in any quantity, to any destination.

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The European Parliament has approved the renewal of the road transport agreement between the EU and Ukraine, extending its validity until the end of 2025.

The decision was supported by 488 MEPs, with 137 voting against and 34 abstaining.

Given that the agreement was set to expire in June 2024, its application had been extended pending official approval by the European Parliament and the EU Council.

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The Ministry of Agrarian Policy hosted the first meeting of the India-Ukraine Working Group on Agricultural Cooperation.

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Over the first five months of this year, the Ukrainian Export Credit Agency (ECA) insured foreign economic contracts of Ukrainian companies for nearly UAH 6.5 billion.

The leading regions by the volume of insured future revenue were:

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The export of agricultural products by road transport through western borders continues to decline. In the first half of June, it decreased by 14.4% compared to the same period in May, reaching 137,300 tons.

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The Ministry of Agrarian Policy has allocated quotas for the export of poultry meat and edible by-products to European Union countries, proportional to the actual supply volumes from January to April this year.

Specifically, until September 30, 2025, the quotas are distributed as follows:

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The Verkhovna Rada of Ukraine has passed Bill No. 7508 in its second reading and as a whole, simplifying private business participation in reconstruction through the public-private partnership (PPP) mechanism. The document addresses several issues: it streamlines bureaucratic procedures, provides financial guarantees for investors, and enables faster project implementation.

What the bill changes:

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Ukraine’s sunflower meal exports for September–May 2024/25 MY reached 2.68 million tonnes, a 29% decrease from the same period in the 2023/24 season and the lowest volume since 2011/12 MY.

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Over the first four months of this year, imports increased by 16.5% compared to the same period last year for all cheeses (HS 0406) and by 20% for aged cheeses (HS 040690).

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The volume of capital investments in Ukraine’s agricultural sector per 1 hectare of agricultural land, amounting to about $100, is the lowest compared to the United Kingdom and EU countries. The dynamics of capital investments in agricultural development during wartime are quite unstable, and the overall volumes are insufficient for its expanded development. Over the past 10 years, there have been three (!) investment declines –  in 2015, 2020, and 2022.

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