By 2050, the annual production of grain crops in Ukraine will total nearly 90 mln tonnes, including nearly 50 mln tonnes of grains for exports, declared the advisor to the Minister of Agrarian Policy and Food of Ukraine, Vladyslava Rutytska on November 24 at the conference on the prospects of Ukrainian products supplying on the Chinese market.
According to her, China will become the main country-importer of Ukrainian grains. Nearly one half of grain volumes produced in Ukraine, comes to Asia, but the figures will significantly increase in the future.
The Deputy Minister of Agrarian Policy and Food of Ukraine, Olga Trofimtseva reported that despite the large-scale volumes of Ukrainian products supplied on the Chinese market, the share of Ukraine in the structure of Chinese imports is still very small. Ukrainian agricultural supplies form 1% only of the general Chinese imports in the agricultural sector.
Also, the Head of the Department of economic cooperation at the Ministry of Foreign Affairs of Ukraine, Deputy Head of the Council of exporters and investors at the Ministry, Alexander Danileiko reported that first of all, Ukraine has to change the structure of its exports to China, but not only to increase the volume of agricultural products supplying. According to him, to date the country mainly exports raw materials (for example, corn) to China, which does not create added value.
