Ukraine: exports are up 16%!

Among the emerging countries that have been noted in recent years or months for their impact on the worldwide markets for tomato products, particularly for paste, Ukraine has climbed into the top ranks, mainly due to the explosive development of its export shipments. 
Fifteen years ago, the country was virtually absent from the worldwide market, but exports of Ukrainian products started increasing during the 2010/2011 marketing year, based on demand from Russia, before being forced by the Russian embargo to extend their reach to a wider geographical zone after 2014/2015. Despite this slight slowdown, Ukraine's foreign sales have been growing at the exceptional annual rate of 14% over the past seven marketing years (close on 35% per year over the past fifteen years). 

Paste sales account for the largest part of the Ukrainian industry's foreign revenue, but not for all of it. The turnover generated on foreign markets has been progressing regularly at an annual rate of almost 12%, reaching close on USD 59 million in 2017/2018, of which over USD 44 million come from the paste sector, while about 14 million come from foreign sales of paste. The commercial activity of this sector remains focused on countries that are located in close geographic proximity. Of a total of 17 700 mT last year, the main outlets were Belorussia (7 100 mT), Georgia (2 200 mT), Russia (2 100 mT), Lithuania (1 700 mT) and Moldavia (1 500 mT).