UkraineExport

In 2021, Ukrainian exporters will send more than one sea container (27 tones) with frozen raspberries to the United States and Canada. This is a first for the food export market, and important for domestic producers.  The Ukrainian exporters have been certified by the FDA, reported Interfax.

the Cabinet of Ministers allocated $67.5 million yesterday to Ukraine’s Export Credit Agency, Prime Minister Shmyhal announced on Telegram. Noting that Ukraine’s exports were up 31% yoy in the first half, he said of the export promotion money: “This will expand the expansion of Ukrainian goods to foreign markets.”

Exports grew by 25.5%, to $35 billion, while imports rose by 28%, to $34.5 billion. Ukraine’s trade deficit with the EU dropped in half, to slightly less than $1 billion. Exports to EU nations were up 39%, to $13.4 billion, while imports rose by only 26.5%, to $14.3 billion.

 “The boom in Ukraine’s external trade continues. The export receipts are ballooning amid an incredibly favorable global price situation for iron ore and ferrous metals. The growth of Ukraine’s other export items is also strong, and this is not only the result of the low comparative base of the previous year.

“ said the Export Chief, Vladislava Magaletskaya.

compared to the same period in 2020. Imports only increased by 0.5% to $8.73 billion. As a result, the $256 million trade deficit was slightly less than half the level of last year, reports the State Statistic Service.