
Exports of Ukrainian goods are growing: physical volumes for 9 months of 2024 increased by 36% to 99 million tonnes: Yuliia Svyrydenko
Ukrainian exporters increased physical sales of their goods by 36.2% in January-September 2024 compared to the same period in 2023. In total, they exported 99.3 million tonnes. This was announced by Yuliia Svyrydenko, First Deputy Prime Minister of Ukraine and Minister of Economy of Ukraine.
“Over the past three quarters, we have exported almost 99.3 million tonnes of products worth USD 28.9 billion, which is 6% more than in the previous year. The export dynamics in September compared to August this year is positive. We have the highest revenue for the quarter at USD 3.2 billion, despite the decline in physical export volumes. This means that exports of high value-added goods are growing,” said Yuliia Svyrydenko.
In his turn, Taras Kachka, Deputy Minister of Economy of Ukraine - Trade Representative of Ukraine, emphasized that good results were observed in the metallurgy industry in the first 9 months of 2024. In particular, exports have grown significantly:
- semi-finished iron products - 1.5 million tonnes (+65.5% y-o-y)
- flat products - 1.1 million tonnes (+86.2%);
- pipes - 338 thousand tonnes (+52.2%);
- iron ore - 25.2 million tonnes (almost twice as much, +99.6%);
- cement - 1.3 million tonnes (+31%).
Agricultural products are also traditionally leading in exports. Over the past 9 months, Ukraine has exported the most to foreign markets:
- corn - 25.2 million tonnes (+16.2% y-o-y);
- wheat - 16 million tonnes (+42.4%);
- sunflower oil - 4.6 million tonnes;
- meal - 3.6 million tonnes;
- poultry meat - 334 thousand tonnes for USD 708 mln;
- juices - 82 thousand tonnes worth USD 160 million (+65%).
The confectionery industry also recorded growth - in 3 quarters of 2024, the supply of biscuits increased by 29% (USD 190 million), chocolate by 29% (USD 169 million) and caramels by 28% (USD 151 million).
“In September, the sugar production season started and we have a resumption of sugar exports. In September, Ukraine exported 24.7 thousand tonnes of sugar worth USD 127 million. Since the beginning of the year, sugar exports have already amounted to 476 thousand tonnes worth USD 282 million. The growth in volumes is 60% compared to the same period last year,” said Taras Kachka.