Soybean prices increased to €10 per ton, depending on the direction. Export of soybeans almost doubled in October this year and amounted to 432 000 tons against 230 000 tons in October 2022. The share of shipments by sea and river transport was 60% against 72% in September. The largest soybean sales markets in October were European markets - 198 thousand tons, Türkiye - 118 thousand tons, and Egypt - 72 thousand tons.
Read MoreAs of November 3, in 2023/2024 marketing year, Ukraine has exported 9 million 481 thousand tons of grain and leguminous crops, which is 4 million 389 thousand tons or 1,4 times less than last year. In 2023/2024 marketing year, 9 million 244 thousand tons of grain and leguminous crops were exported.
Read MoreSo, in particular, companies that did not manage to obtain the relevant simplifications and advantages provided for by the Customs Code of Ukraine or the Convention on the common transit regime by November 7, 2023, will be forced to present the goods to customs. It is about the need to deliver goods to the customs control zone of the relevant customs, where customs clearance is carried out.
Read MoreThe State Production and Consumer Service and the National Parks Council of Singapore signed a memorandum of understanding on cooperation in the field of animal health. The document envisages the development of bilateral cooperation between the countries to control, prevent, eliminate and facilitate the exchange of information on outbreaks of terrestrial and aquatic animal diseases.
Read MoreThe NBU says that in 9 months of 2023, the ratio of export of goods to GDP reduced from 31% in 2021 to 20%. A significant expansion of the deficit in trade in goods is observed.
Read MoreDuring the first month of the season - October - shipments of sugar to foreign markets increased to 76 thousand tons. According to State Migration Service, in January-October, sugar export amounted to 364 000 tons worth 283,78 million US dollars, while total export in the 2022 calendar year amounted to 181 000 tons for 139,38 million US dollars.
Read MoreIn September 2023, Germany's trade with Ukraine (840 million euros) was for the first time bigger than with russia (810 million euros). Russia's war against Ukraine is changing the structure of Germany's foreign trade with the region of Central and Eastern Europe and Central Asia.
The war also changed the ranking of Ukraine's largest trade partners. Neighboring countries - Poland, Romania, Türkiye - became the leaders.
Read MoreThe negative balance of trade in services was formed mostly as a result of spending by Ukrainian refugees abroad. The import of services to Ukraine for the 3 quarters of 2023, compared to the corresponding period of 2021, increased by 87%, despite the fact that the export of services from Ukraine reduced by 7% during the analyzed period.
Read MoreUkraine has restricted the import of eggs, poultry and their products from a number of US states due to an outbreak of bird flu. From November 6, the ban applies to the states of Alabama, Washington and California. From October 31, there is a restriction on products from the states of Oregon and Iowa, from October 24 - from the states of Minnesota, Montana, Utah and South Dakota.
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