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Figure of the day. Ukraine increased supplying agricultural products to EU by a quarter in 2021—up to $8.4 billion

In total, Ukraine exported $8.4 billion worth of agricultural products to the EU in 2021. The result for last year was 26% higher than that in 2020, when the scope of supply was $6.7 billion.

According to the National Scientific Center "Institute of Agrarian Economics", the largest share (more than 80%) in the commodity structure of exports falls on oils and fats, grains and oil crops, as well as the processing industry residuals.

The EU has been Ukraine's main market for a number of agri-food products over the past few years. The experts noted the following positions among them in 2021: honey ($128 million), fruits and berries ($315 million), rapeseed ($1.3 billion), sugar confectionery ($106 million), soybean oil ($227 million) and others.

Context. Over the past year, Ukraine has fully used quotas for unlimited supplies to the EU of honey, canned tomatoes, processed starch, apple and grape juice, barley groats and flour, processed grain products, eggs, and poultry meat. In January, Ukraine completely exhausted the quota for 2022 for duty-free supplies of honey to the countries of the European Union.

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