April 13, 2011
 

Ukrainian grain share in general commodity exports decreases

 

 

In January-February of 2011, commodity exports from Ukraine reached a total of US$9.366 billion, while imports hit US$11.447 billion, which formed the growth of export indices by 46.8%, while imports increased 64.1% as compared to the same period in 2010, respectively.

 

The existing ratio of import to export reached 0.82, as compared to 0.91 in the previous year, according to data of the State Statistics Committee of Ukraine.

 

Export quantities of Ukrainian commodities to the CIS countries reached a total of 35.3% from the general export volumes. The statistics are 30% for European countries, 25.7% for Asian countries, 4.8% for Africa and 4.1% for America. The highest volumes of export supplies were supplied to the Russian federation at 26.6% from the general export quantities of commodities from Ukraine, 6.2% for Turkey, 5.2% for Italy, 4.3% for Poland, 3.3% each for Belarus and India and 3.2% for China.

 

The portion of grain products in the general volumes of commodity exports fell from 7.1% to 2.9% as compared to the reporting period of 2010. Simultaneously, the percentages of fats and oils of both animal and vegetable derivation rose from the level of 5.2% to 6.3%, seeds and fruits of oilseeds from 1% to 3%.

 

The import quantities from the CIS countries reached a total of 51.6% from the general import volumes to Ukraine, 27.9% for European countries, 14.6% for Asia, 4.2% for America, 1.3% for Africa, and 0.4% for Australia and Oceania. Ukraine received the most import supplies from the Russian federation with a percentage of 45.9%, 7.6% for Germany, 6.7% for China, 3.3% for Poland, 3.2% for Belarus 3.2%, 2.7% for US and 1.8% for Italy.

 

During the January-February period of 2011, credit balance shortfall reached US$2.08 billion, an increase of 3.5 times as compared to the same period of 2010, during which the figure was US$595.1 million.

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