Ukraine. Grain and sunflower oil are the leaders in the export structure in September

Source:  UkrAgroConsult
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UkrAgroConsult

In September, the volume of Ukrainian exports in monetary terms grew by more than 23% compared to August of this year. This was reported by the press service of the Ministry of Economy of Ukraine.

Last month, Ukrainian enterprises exported products worth 4 billion 144 million dollars. For comparison, in August this figure was 3 billion 363 million dollars. This is the best result since February 2022.

The volume of Ukrainian exports also increased in quantitative terms. If in August the volume of Ukrainian products exported abroad amounted to 7.29 million tons, then in September this indicator grew by 32% to 9.66 million tons.

Thanks to this, the trade balance indicator improved in September – the volume of imports last month exceeded the volume of exports by only 354 million dollars, while in August the negative balance of the trade balance amounted to 1 billion 53 million dollars.

“Now we are observing the upward dynamics of the export of Ukrainian products. If in July the export volume was 5.79 million tons, in August – 7.29 million tons, then in September we have 9.66 million tons. The most important success is the reduction of the trade deficit. Unfortunately, the balance of trade in goods is still negative, but at the same time, the negative indicator has decreased by three times compared to August. Let’s hope that thanks to the government’s actions to stimulate Ukrainian exports, the indicators of the trade balance will continue to improve,” said First Deputy Prime Minister of Ukraine – Minister of Economy Yuliya Svyridenko.

As for the structure of Ukrainian exports, our country mainly exported grain, sunflower oil, electricity and products of the mining and metallurgical complex.

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