The foreign trade turnover between Ukraine and the European countries increased by 31.1% or by $ 1.715 billion in January-November 2017, as compared to the same period in 2016, and totaled $ 7.2 billion. Herewith, exports of Ukrainian agricultural products and food to the EU rose by 38.2%, to $5.2 billion in comparison with 2016 showings. This was announced by Deputy Minister of Agrarian Policy and Food of Ukraine on European Integration Olha Trofimtseva. She placed an emphasis on the fact that exports of Ukrainian agricultural products to the EU countries over the period of 2016 amounted to $ 4.2 billion.
"We are pleased to note that Free Trade Agreement between Ukraine and the EU is yielding a result and this is reflected in concrete figures of the growth of our bilateral trade turnover in the agrarian and food sector. We also hope that this positive trend will be further continued in the light of our active cooperation in bringing Ukrainian legislation in the line with the European standards," the Deputy Minister underscored.
Olha Trofimtseva stressed the largest commodity lines that Ukraine exported to the EU countries during this period were grain ($ 1.4 billion), oil ($ 1.3 billion) and oilseeds ($ 0.9 billion).
According to the Deputy Minister the key importers of Ukrainian agricultural products and food among EU countries are the Netherlands with 18.4% share, Spain with 14.4%, Poland 13.3%, Italy 11.8% and Germany 10.3%.