Ukrainian agricultural exports to EU rise 15%

Tuesday, April 26, 2016 - 11:00 (EEST) Section: Latest news

Over the first three months of this year, the Ukrainian exporters shipped to the EU agricultural products worth a total of $1.2 billion.
The revenue from the export of Ukrainian agricultural products to the EU in January-March 2016 is 15% more than in the first quarter of 2015, Deputy Minister of Agrarian Policy and Food Vladyslav Rutytskyi wrote on Facebook.
”In 1Q, the exports of Ukrainian agricultural products to the EU increased by 15.3%! This is an additional $155 million to the trade balance. For the first three months, our exporters shipped to the EU the products worth $ 1.2 billion,” Rutytskyi wrote.
The deputy minister noted that the imports of agricultural products from the EU rose as well, but not as much.
As UNIAN reported earlier, the total revenue of Ukrainian agricultural exports in January-March of this year decreased compared to the same period in 2015 by 4.2%, to $3.3 billion. The share of agricultural exports in total revenues from shipments abroad rose from 37% to 43%.
Exports of agricultural products from Ukraine in 2015 amounted to $14.6 billion, while imports renewed the country`s record at $11.1 billion. 45% of exports went to Asian countries, 28.2% to the EU, 13.6%d – to  Africa, and 10% – to the CIS countries.
Grains were the core of the commodity structure of Ukrainian agricultural exports with 16% of total shipments abroad, while fats and oils comprised 9%, and oil crops – another 4%.