In August, Ukrainian exports to the countries of the European Union almost reached the pre-war level, and even exceeded the last year’s figures in I-III quarters, Deputy Minister of Economy, Trade Representative of Ukraine Taras Kachka said.
"Today, trade between Ukraine and the European Union has actually reached pre-war level. In August, the exports to the EU reached 90% of volume recorded in August 2021. We raised, despite the war, shipments to the EU by few percent in I-III quarters of 2022 compared to the same period of 2021”, – he said.
According to him, the abolition of quotas and customs duties by the EU simplified the export of agricultural products. The "lines of solidarity" initiated by the European Commission for Ukraine and the development of the customs infrastructure capacity have greatly contributed to the revival of trade.
T. Kachka reminded that the Convention on the common transit procedure and the Convention on the simplification of formalities in trade in goods will enter into force on October 1, which will allow goods to cross the borders between Ukraine and the EU even faster.
At the same time, according to T. Kachka, in general, the Ukrainian exports was virtually halted compared to the pre-war level.
"In January-February, Ukraine’s monthly export totaled 6 bln USD or more. Now we are moving toward 3.4 bln USD, this will be approximate result in September", – he noted.
Exports to the countries of North Africa and Asia decreased the most. Now it is being restored only in the context of the grain initiative and the re-opening of ports. Trade with Russia and Belarus has been completely stopped.
