Among all types of exported products, a positive balance is maintained only in the trade of butter, as well as milk and cream, while the export of fermented milk products, whey and all cheeses are greatly reduced.
During the nine months of 2023, Ukraine reduced the turnover of dairy products by 9.7% compared to the same period in 2022 – from $353.4 to $318.8 million. This was reported by the Union of Dairy Enterprises of Ukraine.
According to the union, export volumes of dairy products decreased by 23.5% in monetary terms – to $140.2 million compared to $183.5 in January-September 2022, and import volumes increased by 5.2% – from $169.9 million to $178.6 million. Experts explain the decline in export volume by the price factor.
It was noted that the export-import balance for nine months was negative – $38.3 million, and last year in the same period – positive ($13.6 million).
Experts add that of all types of exported products, a positive balance is maintained only in the trade of butter, as well as milk and cream, both uncondensed and condensed, while the export of fermented milk products, whey and all cheeses are greatly reduced.
The worst situation, according to the union, is in the cheese trade.
Let’s remember that on October 10, Zelensky announced the creation of a new grain corridor through Moldova and Romania.
Ukraine is negotiating with Moldova and Romania on a grain corridor
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.