Trends of export Ukrainian goods to Europe

Ukraine Global Export > Blog > Trends of export Ukrainian goods to Europe

Institute for Economic Research and Policy Consulting has conducted survey during which changes in supply structures of Ukrainian goods to Europe have been identified

Growth of a share of processed products was the main trend. So over the past few years it increased from 9% to 13%.

The director of scientific work of Institute Veronika Movchan specified that growth of a share of final goods happened not because of food, and because of consumer durables, household goods like teapots, home appliances and furniture.

Accordingly, shares of raw materials and semi-finished products reduced to 29% and 27% since the beginning of free trade area with the EU

Movchan also explained that besides products of final consumption, processed products includes mostly products of intermediate consumption. The share of the last is 84% following the results of 2017.

The expert considers it is positive development as Ukraine participates in the European chains of creation of added value

The consistently low level of production means delivery is one of the major trends and form only 2%.

The analysis carried out by NBU revealed growth of deliveries of grain, meat and dairy products and processed vegetables. Also it is an increase in export of exotic goods, such as bilberry, cranberry, jam and jams, mollusks, roses, beeswax.

Specifically on the industries increase in a share of finished products from ferrous metals in metallurgy and shares of wires, accumulators and water heaters in mechanical engineering were noted.

Absolute leaders in growth for 2017 became such goods as chicken meat and eggs, sugar, berries, the processed tomatoes, malt extracts, margarine, butter, cocoa paste, cigars.

Summing up the result, it is worth to reminding that the greatest export earnings have been provided from raw materials: iron ore, corn, rapeseed, semi-finished products from carbon steel, ferroalloys, and soybean. From more technological goods wires and cables, flat steel, clothes and footwear, processed timber products and furniture are in the lead.

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