Ukraine was able to export 265,000 tonnes of sugar in seven months of the current marketing year (September 2022 – August 2023), which is 4.8 times more than in the entire 2021-2022 marketing year, acting Board Chairman of the National Association of Sugar Producers Ukrtsukor Nazar Mykhailovyn has said. “For the entire period of 2021/22, … Read more
The extension of the grain initiative for another 120 days was announced by Ukraine’s Development Minister, Oleksandr Kubrakov, on his Facebook page on March 18. Kubrakov said the extension of the agreement by four months was achieved through the collaborative efforts of Ukraine, Turkey, UN Secretary General Antonio Guterres, and other partner countries. “This means that … Read more
Ukraine and its partners have started negotiations to extend the Black Sea grain exports deal, hoping to ensure that Kyiv can continue to supply food to world markets despite Russia’s naval presence, Reuters reported on March 7. According to a senior source in the Ukrainian government, Ukraine didn’t negotiate with Russia, which blockaded Ukrainian Black … Read more
Ankara is putting serious effort into extending the Black Sea Grain Initiative, Turkish Foreign Minister Mevlut Cavusoglu said at the UN Conference on Least Developed Countries in Doha, Qatar, on March 5. “We are working hard for the smooth implementation and further extension of the Black Sea grain deal,” Reuters quoted Cavusoglu as saying. The minister added … Read more
Ukraine has received an agreed form of a quality certificate for the import of Ukrainian fish products from the Turkish competent authority, which opens up new export opportunities for domestic producers of fish products. As reported on the website of the State Agency for Land Reclamation and Fisheries of Ukraine, on Tuesday, the agency opened … Read more
The Black Sea grain deal, which allows Ukrainian agricultural produce to be exported to Africa and Asia despite Russia’s naval presence, expires on March 20, 2023, although the Ukrainian Agriculture Ministry hopes it will be extended, the ministry said in a press release on Feb. 21. “When the current grain agreement expires on March 20, … Read more
Over January 2023, Ukraine’s trade turnover amounted to $7.9 billion, which is 35% less than in January 2022, the press service of the State Customs Service reported on Feb. 22. During January of this year, $4.8 billion worth of goods were imported to Ukraine, and $3.1 billion were exported. At the same time, taxable imports … Read more
The Russian Federation is blocking the operation of the humanitarian grain corridor through the Black Sea, Minister of Foreign Affairs Dmytro Kuleba and Reconstruction and Development Minister, Oleksandr Kubrakov said in a joint statement published on Feb. 15. Kuleba and Kubrakov highlighted that Russian representatives in the inspection groups and the coordination center in Istanbul have … Read more
Exports of processed products in the agribusiness segment from Ukraine to Russia in 2022 fell by 93.5% compared to 2021, to $3 million from $46 million, while its supplies of similar products to Belarus fell by 86.7%, to $69 million from $520 million. As reported on the website of the Ukrainian Agriculture Export Association (UAEA), … Read more
Exports by Ukraine’s IT industry earned $7.34 billion for the Ukrainian economy in 2022, the IT UkraineAssociation reported on Jan. 31, referring to data from the National Bank of Ukraine. According to the agency, the industry’s volume of exports export increased by $400 million compared to the pre-war year 2021. “The figure of more than $7 billion … Read more