The volume of IT services exports from Ukraine in 2024 was $6.45 billion, a 4% decrease compared to 2023 ($6.73 billion).
However, in December of the previous year, Ukraine’s IT exports reached $617 million, an increase of $97 million compared to November. Nevertheless, December is traditionally one of the strongest months for this indicator.
Read MoreThe Ministry of Agrarian Policy and Food of Ukraine has allocated the quota volume for the product “Sugar”, the export of which to European Union member states is subject to licensing.
It is noted that the quota volume has been distributed among sugar exporters in proportion to the actual production volumes of this product from September to December 2024.
Read MoreIn 2024, the Export Credit Agency (ECA) supported 69 exporters by insuring their foreign economic contracts, loans for the execution of such contracts and investment loans totaling ₴1 billion. The supported exports reached ₴7.53 billion, with every hryvnia of ECA responsibility brought ₴7.52 in future export revenue.
Read MoreUkraine has officially joined the international ePhyto system. The first electronic phytosanitary certificate has already been issued. The implementation of ePhyto is an important step for Ukraine, as it will enhance the trust of international partners and the competitiveness of Ukrainian agricultural products, including grains, while facilitating their unhindered circulation on the global market. The use of ePhyto solves several pressing issues, namely:
Read MoreUkrainian Product Distribution (UPD) and the Embassy of Ukraine in Canada have reached an agreement to supply well-known Ukrainian brands to the shelves of Canada’s largest food retailer - the Loblaws chain. The first shipments of Ukrainian goods to Canada were shipped at the end of 2024. As of today, the chain offers more than 50 product items, including chocolate, tea, coffee, canned goods, sweets, cookies, and juices, according to UPD.
Read MoreIn 2024, Ukraine imported agricultural products worth $7.82 billion, a 9.7% increase compared to 2023, when imports of agri-food products totaled $7.13 billion.
In 2024, the value of supplies from the European Union rose by nearly 9% compared to 2023, increasing from $3.68 billion to $4.006 billion. The EU’s share of Ukraine’s agri-food imports exceeded half for the sixth consecutive year, reaching 51.3%.
Read MorePork imports showed signs of intensification in January. External shipments of chilled and frozen pork in January surpassed the total import volumes for the fourth quarter of 2024.
During the first month of the year Ukraine imported approximately 323 tons of pork, which is more than double the combined volume of products imported from October to December of the previous year, as well as in January 2024.
Read MoreIn 2024, Ukraine imported 8.2 thousand tons of buttermilk, fermented or sour milk and cream, which is a 5.7% decrease compared to the previous year’s figure. Spending on these products in 2024 was 3.4%, which is lower than in 2023 - $16.8 million. The largest suppliers of buttermilk, fermented or sour milk and cream to Ukraine were Belgium (44.8%), Poland (40.1%), and Germany (12.1%).
Read MoreThe German CEE-Business Outlook 2025 survey, which included 133 German companies from various economic sectors, revealed that 22% of respondents plan to relocate production to Central and Eastern Europe. More than half of those surveyed (55%) expect the growth of economic importance of this region by 2030.
Poland has become the most attractive country for German investments, followed by Romania and Ukraine.
Read MoreThe Minister of Agrarian Policy and Food of Ukraine, V. Koval stated that compared to 2023, the volume of agricultural exports increased by 12.5%, or by 2.7 billion dollars.
This growth was largely driven by an increase in the volumes of some of the largest categories of agricultural exports - grain crops (up by 1.1 billion dollars) and oilseed crops (up by 0.5 billion dollars).
Read More