January 10, 2013
In 2012, Ukrainian agricultural export increased by nearly 40 percent, reaching
USD 17 billion
, according to the Ukrainian Minister of Agrarian Policy and Food
. Additionally, he noted that Ukrainian agricultural industry produces twice as much as is consumed by the domestic market. Comparably, the UK produces only 60 percent of the food consumed in the country.
Ukrainian agricultural export in January -
included meat, fish, dairy, poultry, vegetables, vegetable oils, sugar, wine, nuts, apples, as well as 6.7 million tons of wheat worth nearly
USD 1.8 billion
, according to
. Major buyers of Ukrainian agricultural products in 2012 were the EU and CIS countries.
buys Ukrainian apples, while
is the major consumer of Ukrainian rye.
were the largest buyers of Ukrainian wheat. About three quarters of Ukrainian barley is exported to
potential in wheat, barley, corn, and sunflower seeds export. Notably, in 2011,
joined the world's top three grain exporters. A year prior - in 2010 - it landed fourth on the list of the leading grain exporters, following the
, the EU, and
currently ranks number one in global barley exports.
Additionally, the Eastern European country became the third largest corn supplier in the world in 2011, surpassing
and being the second runner-up to the
. In 2012,
- the world's largest corn consumer - imported Ukrainian corn for the first time.
Suffice it to say that in 2011,
became the world's largest sunflower exporter, according to Erste Bank. The top consumer of Ukrainian sunflower oil is
- the country acquires around one quarter of the annual Ukrainian sunflower oil export, according to
was the world's fourth largest potato producer. Currently, the country is the fifth largest walnut producer in the world (FAOSTAT report data).
rich grain production in 2011, the country initiated the creation of the world's grain reserve under the auspices of the United Nations to ensure more efficient price regulation on the world grain market.
aimed to form a grain reserve of 10 to 12 million tons and use it for grain interventions.
SOURCE Worldwide News Ukraine