Ukraine

Ukraine is a lower-middle income country in Eastern Europe.  Before the Russian Invasion, its economy rebounded after some political and economic turmoil .  As a major agricultural producer and exporter, Ukraine also possesses a large food-processing industry.  The majority of agricultural import growth in the near future is likely to concentrate in food ingredients.  Economic growth in Retail, Hotel, Restaurant and Catering sectors is opening multiple niche opportunities for U.S. higher value-added products. Trends for Western-style food are profound and can spell more imports in the near future.

Ukraine is a good market for U.S. food exports, such as frozen fish and seafood, dried fruits, nuts, cereal products, snacks, beef, food ingredients, and other prepared food products. There are emerging trends in urban areas and niche products that currently sell in small quantities, but have significant future sales potential. Demand for healthy, organic, and/or natural foods is increasing. Demand is growing for niche products that target specific health issues, such as diabetes or celiac disease (gluten-free food).  Likewise, demand is growing for vegetarian and vegan products. In urban areas, high quality and high-end food products have demonstrated an increase in sales and significant future prospects. Seafood, high-end alcohol products and quality beef products have also been expanding their market share.

Ukraine is typically referred to as a “high risk – high reward” country for international businesses.  A turbulent political environment, exchange rate fluctuations, revolutions, on-going conflict with Russia-backed separatists in the east, widespread corruption and the uneven pace of economic and legal reforms make it a challenging place to do business.  To minimize risks, the majority of U.S. exporters rely on their Ukrainian partners for issues on the Ukrainian side of the border: customs and food safety clearances, in-land transportation, storage, product placement, marketing, promotion etc.

 

 

 

U.S. Embassy, Kyiv

Covers the countries of Moldova and Ukraine.

380-44-521-5496

Upcoming Events

Fruit Logistica 2023
Fruit Logistica 2023
February 08, 2023 - February 10, 2023 – Berlin
BIOFACH 2023
BIOFACH 2023
February 14, 2023 - February 17, 2023 – Nuremberg

Past Events

SIAL 2022
SIAL 2022
October 15, 2022 - October 19, 2022 – Paris
BIOFACH 2022
BIOFACH 2022
July 26, 2022 - July 29, 2022 – Nuremberg
Seafood Expo Global 2022 in Barcelona
Seafood Expo Global 2022 in Barcelona
April 26, 2022 - April 28, 2022 – Barcelona
Fruit Logistica 2022
Fruit Logistica 2022
April 05, 2022 - April 07, 2022 – Berlin
ISM  2022 Cologne
ISM 2022 Cologne
January 30, 2022 - February 02, 2022 – Cologne

Reports for Ukraine