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Ukraine's trade with Asian agricultural products grows by 20%

 Last Update: 2021-12-24
 Source: Internet
 Author: User

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Ukraine’s latiufndist network reported on November 30, the website of the Institute of Agricultural Economics of the National Academy of Agricultural Sciences of Ukraine reported that from January to September 2021, the trade volume of agricultural products between Ukraine and Asia reached US$10 billion, a year-on-year increase of 20%
.
The trade surplus widened to 8 billion U.
S.
dollars.
This was due to the increase in Uzbekistan’s exports to the region exceeding the increase in imports from the region
.
Asia’s main import trading partners are: China, India, Turkey, Indonesia, Saudi Arabia, Iran, Iraq, Pakistan and Israel.
These countries account for more than 4/5 of Uzbekistan’s agricultural exports from the region
.
Uzbekistan's largest imports from Asian countries are: Turkey, Indonesia, China and India, accounting for 76% of the import share
.

Asia is the largest exporter of Ukrainian agricultural products.
The main agricultural products exported are: grains, oilseeds, vegetable oils, food processing residues and meat products
.
Experts predict that Uzbekistan's exports of agricultural products to Asia in 2021 may exceed that of last year, reaching 10.
9 billion U.
S.
dollars, and there is still potential to be tapped
.

Agricultural products of the Academy of Agricultural Sciences

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