In 2020, the trade turnover of agricultural goods between Ukraine and the European Union totaled 10.2 bln USD, declared the Deputy Director on scientific work at the National scientific center “Institute of Agrarian Economics”, Academician of the National Academy of Agrarian Sciences (NAAS), Nikolai Pugachev on March 1.
“The result of 2020 was lower compared to the record achieved in 2019 (10.6 bln USD). However, it is the second largest volume since the implementation of Association agreement between Ukraine and the EU. The positive balance totaled 3.1 bln USD”, - the expert said.
The Netherlands, Spain, Poland, Italy, Germany and France remained the largest trading partners for Ukraine. In the recent years, UK and Belgium turned to be the important partners too.
“These countries provide more than 80% of overall national trade turnover with agricultural products with the EU”, - he added.
Ukraine imported European agricultural products at the sum of 3.6 bln USD in 2020, up by 13.4% compared to 2019. Particularly, Ukraine imported various food products, extracts and concentrates at the sum of 338 mln USD, dairy products at the sum of 279 mln USD, finished grain products at the sum of 209 mln USD.
