Ukraine is increasing its export of value-added products more than the supply of raw materials abroad.

According to Deputy Minister of Economy Taras Kachka, a certain shift in emphasis occurred even before the war. After the invasion by the Russian Federation, many businesses completely updated their approach due to difficulties with logistics, realizing that added value could earn them more by supplying smaller volumes of goods.

“Yes, against the backdrop of millions of tons of wheat exports, an increase in flour sales abroad by only a few tens of thousands of tons seems unimpressive. But, with all that, it is an increase of tens of percent compared to the pre-war period. It is also important that such supplies are carried out mainly to Europe, to richer markets with better prices,” Kachka stated.

However, he admitted that the volumes of Ukrainian exports of agricultural raw materials will remain significant for a long time. It is impossible to shift to processed product exports quickly. In addition, there remains a global demand for raw materials.