Export of Ukrainian goods to EU grew by 32% during 2017
17:59, 31 January 2018

Export of Ukrainian goods to EU grew by 32% during 2017

The priority are agriculture and metallurgy products

17:59, 31 January 2018

Ukraine in 2017 exported goods for 39.9 billion dollars, - it’s 19% more than in 2016, reports National Bank. Those were mainly agriculture and metallurgy products.

The exports of agriculture products grew by 16%. Ukrainian enterprises mainly delivered crops of 2016 harvest, oil and fats, as well as meat and dairy products.

Export volume of metallurgical products has somewhat decreased because of break of connections with the enterprises on the occupied territories, - in particular, the volume of black metals export has gone down. However, because of grown prices on world markets, the total cost the exported goods has increased by 22.1% compared to 2016. The price increase has positively influenced export of ironstones, the cost volume of which grew by 1.4 times.

Related: Quotas and Ukraine's exports to the EU: Who won and who lost?

The main direction of Ukrainian export is for the European Union countries, and it grew by 32% during the year. In total export, this ratio is the biggest, it grew from 31.9% to 35,4%. Export to Russia for 2017 fell from 9.1 to 8.5.

As it was reported earlier in 2017, Ukraine exported a total of 5.166 billion kWh of electricity, which indicates a 28.6% compared to the 2016 figure.  

In particular, electricity exports from the Burshtyn TPP energy island to Hungary, Slovakia and Romania accumulatively grew by 2.7% and reached 3.138 billion kWh.

Namely, no electricity was delivered to Belarus or Russia either in 2016, or in 2017. Electricity exports to Poland dropped by 6.5% and reached 894.8 million kWh. On the contrary, electricity exports to Moldova increased drastically – they reached 1.134 billion kWh, compared to just 3.7 million kWh in 2016.

Related: Ukraine fills 100% quotas of honey export to EU in 2018

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