In 2017, the value of exports of agricultural products from Ukraine to the EU grew by 1.2 billion euros (+ 27%), which is the most significant increase in exports to the EU.

In the last 12 months, the EU has imported most of the agricultural products from Brazil (11.8 billion euros), the USA (11 billion euros), Argentina (5.7 billion euros). Also in this list are Ukraine, China, Indonesia, Switzerland and Turkey. The amount of imports in the EU varies between 4.5-5.5 billion euros for each of these countries.

At the same time, the export of agricultural products of the European Union to Ukraine over the past 12 months has increased by more than 200 million euros. In total, in 2017, the value of exports of agricultural food products in the EU was 137.9 billion euros. Such indicator shows steady growth in comparison with 2016 - by 5,1% (in cost indicators).

The largest increase in the annual value of exports of agricultural products was recorded in the United States (+ 6%), Russia (+ 16%) and some Asian markets - in particular, Japan (+ 11%), China (+5), Hong Kong (+ 10%). and South Korea (+ 13%). Import of agricultural products to the EU also increased, but slower than exports. In this way, the trade balance for agricultural production remains positive: exports dominates imports by 20.5 billion euros.

Source: Agronews

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