In 2013 the export trading between Ukraine and Asian countries increased
According to the State Statistics Service, in the period of January-November of 2013 the general export volumes of commodities from Ukraine totaled 57.4 bln USD, or only 90.8% compared with the same period in 2012. At the same time, Ukraine provided foreign trade operations with 222 countries, and the growth of export earnings was mainly characterized for shipments to Asian countries. Thus, during the reporting period the export volumes to China totaled 2.5 bln USD, up 50.1% compared with 11 months of 2012. The revenue from the exports to Malaysia totaled 161 mln USD (137%), Thailand - 225.7 mln USD (110.5%), Taiwan - 103.8 mln (122.8%), Japan - 344.8 mln USD (110.4%).
It should also be noted that during the reporting period the production of the agricultural sector and related industries formed almost one quarter (24.5%) of the commodity exports from Ukraine. Thus, Ukraine exported plant growing commodities at the sum of 7.6 bln USD, or 13.3% of the general exports of these commodities, the exports of oils and fats totaled 3.2 bln USD (5.6%).
According to analysts of APK-Inform Agency, the Asian market is one of the most perspective markets for both grains and oilseeds and its by-products. As a result, Ukraine increased the exports to countries of the region in general, and in the segment of agricultural products in particular.
You can become acquainted with the future prospects of exports of grain and its by-products to Asian countries, by taking part in the first international conference "Ukrainian grain to the world!", organized by APK-Inform Agency and Ukrainian Grain Association, and which to be held on March 2-4, 2014, in Hong Kong.
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