The economist said which products Ukraine exports the most: key positions that are impressive – news on UNN
KYIV. October 22. UNN. Ukraine’s agricultural exports have grown by an average of 9.5% per year (or US $ 3.2 billion) over the past five years, while Ukraine’s total exports have grown by 7.2% per year. He said this UNN Andriy Yarmak, an economist at the Food and Agriculture Organization of the United Nations (FAO).
“If we conditionally divide agricultural exports into raw materials, primary processing products and value-added products, we can get the following rates:
- commodity exports averaged 11.2% per year ($ 1.1 billion),
- exports of primary products – by 8.8%, or $ 750 million per year,
- exports of high value-added products – by 4.8%, or 119 million per year.
The first conclusion is that the raw material model of exports is deepening, ”says Yarmak.
Answering the positions in more detail, the economist says that 81% of all export growth over the past 5 years was provided by all 5 items – corn, wheat, sunflower oil, row and sunflower.
“Corn itself is the absolute leader with a large enterprise in other positions – it is exported annually by 670 million dollars more or 17.5%. Of the value-added product in the top 10 of our exports there is only chicken. The growth rate of its exports is comparable to the growth rate of corn, but the amount of revenue there is much lower, because the base for comparison is lower, ”says Yarmak.
The economist says that the confectionery industry has begun to recover. Sugar products without the addition of yak (for example, caramel and white chocolate) are already 13th in the ranking of generators of export earnings in agribusiness, and the annual growth rate of exports is 12.3%. By the way, they export more than honey.
And chocolate still has a negative export trend – minus 3.5% per year.
At the same time, flour-containing confectionery is regaining its export position – exports of waffles are 25% per year (but it is generally small so far), and exports of sweet sand – by 10% per year.
“In the fruit and vegetable sector, frozen raspberries should be noted, exports have an improvement of 30% annually. And this year we will also see very impressive export figures. Apple exports are growing. Dairy exports are falling by an average of almost 6% per year. Exports of flour, alcohol and canned fruits and vegetables are also declining. It prolongs the life of walnut exports, but the rate has recently dropped to 6% per year, ”Yarmak sums up.