Ukrainian export of agriculture goods to Russia declined to 5 times
10:54, 29 September 2015

Ukrainian export of agriculture goods to Russia declined to 5 times

This year the exports volume amounted to $193.3 mln

10:54, 29 September 2015

agricultural goods

For the last year Ukrainian export of agricultural products to Russia decreased to a record point. For eight months of 2015 year, the volume of exports to the neighboring country amounted to $193.3 mln. As for the entire 2014 year exports volume amounted to $982.7 mln. This information was provided by the Minister of Agrarian Policy and Food of Olexiy Pavlenko.

Consequently, the volume of deliveries of Ukrainian agriculture products to the Russian Federation decreased to 5.08 times in January-August 2015 compared to the previous year.

The minister also presented the dynamics of export of Ukrainian agricultural products to the Russian Federation in 2010-2015. According to this data, exports in 2010 amounted to $1.9 bln, in 2011 – to $2.1 bln, in 2012 and 2013 - on $ 2 billion.

According to Ministry of Agrarian Policy, the positive balance of foreign trade in the agricultural sector of Ukraine in January-July 2015 amounted to $5.6 bln. Exports of agricultural products for seven months of 2015 totaled $ 7.7 bln, or 35.7% of total Ukrainian exports.

Related: Where are $ 13 billion of Ukrainian export?

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