Ukraine sets new export record: the numbers are impressive

Since the beginning of 2024, Ukrainian exports of goods in monetary terms have exceeded the figures for the entire previous year. This was announced by First Deputy Prime Minister and Minister of Economy Yulia Svyrydenko during a briefing on November 17.

"As of November 17, Ukraine exported goods worth $36.3 billion. This already exceeds the result of 2023, when the figure was $36.2 billion," Svyrydenko reported.

Reasons for export growth

According to the minister, such impressive results were achieved thanks to:

  1. Acceleration of exports of new harvest products : Ukrainian farmers quickly adapted to new conditions, which allowed them to increase the volume of shipments.
  2. Stable operation of the “Ukrainian Sea Corridor” : The restoration of sea supplies has significantly accelerated the export of grain and other goods.
  3. Restoration of national production : After significant losses in 2022-2023, many enterprises resumed their work, which had a positive impact on export volumes.

Main goods that ensured export growth

The following product groups made the greatest contribution to achieving the record:

  • Sunflower, safflower or cottonseed oil — exports worth $4.4 billion (5.3 million tons).
  • Corn — $4.2 billion (25.5 million tons).
  • Wheat and mixtures of wheat and rye - $3.4 billion (19 million tons).
  • Iron ores and concentrates — $2.5 billion (29.7 million tons).

These indicators demonstrate the gradual recovery of the Ukrainian economy even in the conditions of the ongoing war. Thanks to effective government measures, Ukrainian enterprises managed to adapt to new challenges and increase export volumes.

"These are not just numbers, but evidence of the stability and powerful potential of our economy," emphasized Yulia Svyrydenko.

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