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Ukraine has exported over 6,000 tons of fish and other sea products in the period Jan-July 202. The value of the exported goods was $25.9 million, the Ukrainian State Fisheries Agency has reported. The largest importers of Ukrainian fish products were Germany ($6.6 mln, 985 tons), Denmark ($4.3 mln, 891 tons), Moldova ($3.2 mln, 1,307 tons) Lithuania ($2.2 mln, 646 tons), USA ($1.6 mln, 217 tons), Israel ($1.5 mln, 188 tons) and the Netherlands ($1 mln, 162 tons.
The US is opening its market to exports of Ukrainian corn and wheat.
"We are very much looking forward to the opening of the US market for Ukrainian corn and wheat because it will create new prospects for business development and economic growth of our country," Magaletska said. Ukraine is expected to export a record 23.5 million tons of wheat.
Ukrainian steel companies boosted export revenue by 73.1% during the January-August 2021 period (ukrainianjournal). Overall Ukrainian metallurgical enterprises in this period increased revenue from exports of ferrous metals by 73.1% compared to the same period last year, to $8.918 billion from $5.150 billion.
In January-August, Ukraine reduced the import of oil and petroleum raw materials by 14.5% (by 130,702 tons) compared to the same period in 2020 (770,824 tons). According to the State Customs Service, in this eight-month period, raw materials worth $354.808 million were imported, which is 20.8% more than in January-August 2020 ($293.75 million), including from Azerbaijan – for $287.823 million, Libya – for $37.032 million, and Algeria – for $29.421 million.
Due to the world runup in metal prices, Ukraine’s top export through July were ferrous metals, reports the State Statistics Service. In dollar terms, ferrous metals exports jumped 67% yoy to $7.5 billion. The next exports were: grains, up 4% to $5.2 billion; and fats and oils, up 10%, to $3.8 billion.
Ukraine’s top three export markets for goods were: China – up 36%, to $5 billion; Poland – up 68%, to $2.9 billion; and Turkey – up 58%, to $2.1 billion. The top three sources of imported goods were: China – up 27%, to $5.5 billion; Germany – up 13%, to $3.3 billion; and Russia -- up 12%, to $2.9 billion.
Ukrainian export market growth. The State Statistics Service has published new data on exports of Ukrainian goods. In January-July 2021 exports grew by 33.4%, with the market to the EU increasing by almost 50%. Significant growth is taking place most major sectors of the economy including the machine-building industry increased by almost 30%.
Export prices of Ukrainian crude sunflower oil increased According to APK-Inform, the export prices grew in September. The upward trend was based on the limited number of offers of crude sunflower oil, as processors faced difficulties with sunflower seed purchases. The supply of the oilseed was weak due to a delay of the harvesting campaign amid unfavorable weather. The prices of crude sunflower oil increased by 30-60 USD/t and amounted to 1330-1360 USD/t FOB (October-November) as of September 30.
29 UKRAINE Country Report October 2021 www.intellinews.com