Ukraine exports agricultural products worth $2 bln to EU in Jan-July 2015

The press service said that cereals (corn, wheat, sorghum), oil (sunflower, soybean, rapeseed oil) and oilseeds (soybeans, rapeseeds, sunflower seeds, fruits, buts) constitute the largest share of total exports to the EU. "The EU market is attractive for us from the geographical point of view, its population has large buying power, and the production of European products is more expensive than Ukrainian ones, which makes our products more competitive," the minister said. He added that one of the key factors that hinder exports to the EU is small quotas. Imports duty is imposed on extra supplies, and often it is a disabling burden for Ukrainian producers. As of late September, in some positions of agricultural products, Ukraine has used all its quotas or they are nearly fully used used. For example, this concerns honey, crushed barley, flour, treated grain, treated tomatoes, grape and apple juice, oats, corn, wheat, poultry and barley.