Exports of land products increased by $ 4 billion

According to the State Statistics Service of Ukraine, the export of products of the land branch in 2016 amounted to $ 15.2 billion, which is $ 4 billion more than in 2015. The fate of agricultural products in total state exports accounted for 42%. A greater rise in exports was observed in the external supply of fats and oils of animal or vegetable origin - a 20% increase compared with the previous period. The absolute figure in this category was almost 4 billion dollars. Most of all, in terms of currency, vegetable products were exported - by more than $ 8 billion, and exports of grain crops amounted to $ 6 billion.

Apart from this, in 2016 it was delivered abroad food products for 2.45 billion dollars and live animals with animal products for 0.78 billion dollars. Over the same period, land products worth 3.89 billion dollars were imported to Ukraine, which is 0.59 billion dollars more than in 2015. In particular, it was imported:

- Live animals and goods of animal origin at 0.62 billion dollars;

- Plant products for $ 1.3 billion;

- Fats and oils of animal or vegetable origin at $ 0.25 billion;

- Prepared food for 1.7 billion dollars.

As a result, in 2016, a positive foreign trade balance was generated for goods in the agricultural branch of 11.4 billion dollars.

Watch the video: Imports, Exports, and Exchange Rates: Crash Course Economics #15 (April 2024).