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Ukraine ag exports increase in Q1 2017

According to the State Statistics Service, in January-March of 2017 the export of agricultural and food products from Ukraine totalled 4.6 bln USD in monetary terms, an increase of 1.3 bln USD (or, up almost 40%) compared with the 1st quarter last year, declared the Deputy Director on scientific work at the National scientific center "Institute of agrarian economy", Nikolai Pugachev.

Three regions - the countries of Asia, Africa and the EU - remained the major sales markets. The reporting regions purchase nearly 90% of the supplies of Ukrainian agricultural products, the expert said.

Asian countries keep the leading positions in the imports of Ukrainian domestic agriproducts, which in January-March of 2017 purchased Ukrainian foodstuffs at 2 bln USD (43.5% of the exports). The European Union countries imported more than a quarter of domestic agricultural exports (28.3%), or 1.3 bln USD. The exports to Africa totalled 0.8 bln USD, or 17.4% of the general supplies of agricultural products, according to APK-Inform.

source: finchannel.com
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