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At the end of the first quarter, exports of goods from Ukraine amounted to 9.96 billion. This is 1.1% (+107 million dollars) more than in the same period last year. However, most industries showed a drop in exports, writes Danilo Getmantsev, head of the Verkhovna Rada Committee on Finance, Tax and Customs Policy, citing data from the National Bank.
Thus, agricultural exports, which account for 65% of all supplies, decreased by 4.4% (-$296 million). The highest rates of reduction occurred in the export of wood and mechanical engineering (-16.9% and -16.7%, respectively).
“Small overall growth was achieved solely due to the mining and metals industry sector, primarily the supply of iron ore raw materials (IROR). Exports of ferrous metals on an annualized basis increased by 15.4% (+142 million dollars), exports of mineral products, primarily ZRS – by 84.6% (+432 million dollars). The export of these products increased compared to last year due to the resumption of maritime logistics,” the deputy wrote.
According to the results of the first quarter of this year, the capitalization of the agricultural land market in Ukraine increased by UAH 202.5 billion. This was facilitated by two factors. Firstly, the number of transactions for the purchase and sale of agricultural land increased by 7%, and secondly, the price of land increased by 11.2%.
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