The mail with new data was sended to your account Thank you for your registration.
06 December 2024

News

02.10.2024

Ukraine continues to hold third place among the main exporters of agri-food products to the EU

On September 27, was published an analytical report of the European Commission, which focuses on the assessment of agri-food trade for the first half of 2024. According to this report, Ukraine continues to hold third place among the main exporters of agri-food products to the EU, after Brazil and the United Kingdom. It is worth noting that Ukraine's share in EU agri-food imports for the first half of 2024 increased by just 2% (+€124 million) compared to the same period in 2023. 

At the same time, EU agri-food imports reached €13 billion, 12% lower than in May 2024 and 1% lower than in June 2023. The largest increase in import value was from Côte d'Ivoire, up by €951 million (+46%), followed by Nigeria (+€473 million, +132%), driven by higher cocoa prices. Imports from Tunisia more than doubled (+107%), mainly due to increased volumes and prices of imported olive oil.

The total export of agri-food products from January to June 2024 from the EU reached €116.4 billion, which is 1% (+€1.1 billion) higher than the same period in 2023. Moreover, the latest monthly figure (June 2024) showed that the EU's overall positive trade balance in agri-food products reached €33.7 billion, which is €1.5 billion more compared to the same period in 2023.

EU agri-food exports in June 2024 reached €18.9 billion, which is 5% lower than the previous month and 4% lower than in June 2023. In the first half of 2024, the largest increase in EU exports was to the US, up by €1 billion (+8%), mainly driven by higher prices for olives and olive oil. This sector also contributed to an increase in exports to Brazil by €209 million (+18%). 

The EU continues to play a role in ensuring global food security: cereal exports increased by 8% compared to 2023, reaching 25.1 million tonnes in the first half of the year, despite falling cereal prices. Wheat exports alone grew by 2.7 million tonnes.

 




  • Baker TILLY
  • Agroresurs
  • AMAKO
  • Limagrain
  • Zeppelin
  • Amazone
  • LNZ Group
  •  Agricom Group
  • horsch
  • uahk
  • Сygnet
  • Syngenta
  • Agco
  • Agroregion
  • Eridon
  • MHP
  • Maschionet
  • Maisadour
  • DuPont Pioneer
  • Agroscop
  • Agrimatco
  • NCH Advisors
  • Continental farmers Group
  • credit agricole
  • claas
  • john deer
Congratulations! You are subscribed to Ukab news