China allows Ukrainian peas to enter its market
On March 6, the Ministry of Agrarian Policy and Food of Ukraine signed an agreement with the People’s Republic of China that will open the export of two Ukrainian products to the Chinese market.
According to the Ministry, the documents regulate the veterinary, sanitary and phytosanitary requirements for the supply to the Chinese market:
- wild-caught aquatic products (fish and seafood caught in natural reservoirs);
- peas.
“The launch of Ukrainian agricultural exports to the Chinese market is a strategic step to strengthen the economy and expand the geography of supplies. China is one of the world’s largest importers of agricultural products, and opening up new opportunities for Ukrainian producers will not only increase foreign exchange earnings, but also consolidate Ukraine as a reliable supplier of quality agricultural products on the international market. I am confident that we have laid a solid foundation for expanding cooperation, as the last contract with China was signed 5 years ago. We will continue to work together,” said Vitalii Koval, Minister of Agrarian Policy.
According to forecasts, the implementation of these agreements will contribute to export growth. The production of peas in Ukraine shows stable dynamics. In 2023/2024 MY, it amounted to 409 thsd tonnes, and in 2024/2025 MY it is forecasted at 476 thsd tonnes. Turkey, India, Italy, Malaysia, the UAE, and China, which demonstrates high growth rates of purchases, remain the main sales markets.
At the same time, domestic commercial fish catch in 2024 amounted to 11.9 thousand tons, which is 6.2% more than in 2023. Catch outside Ukraine’s jurisdiction almost doubled to 19.9 thousand tons. The export value of fish products increased by 80.3% over the year and reached $56.3 million.
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