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Ukraine received the highest revenue from exports of fruits and nuts

Украина получила рекордную выручку от экспорта фруктов и ореховExports grew by 10% in relation to January 2019 and a third exceeded that of February 2018.

Ukraine in February 2019 has received a record revenue from exports of fruits and nuts – $24.8 million, according to Analytics platform EastFruit.

It is noted that exports grew by 10% in relation to January 2019 and a third exceeded that of February 2018.

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Since the beginning of 2019, Ukraine earned on export of fruit, berries and nuts $47.4 million, or 22% more than the year before, the report said.

According to analysts EastFruit, exports in February more than doubled in two years, in February 2017, the total revenue from exports of all fruits, berries and nuts did not exceed $11.5 million, and the February 2019 was 2.2 times higher.

The main exports were walnuts, which accounted for about 64% of export revenue. But their share has significantly decreased over the year in February of 2018 at the walnut accounted for 77% of total revenue.

The main reason for the decline in the share of walnuts in revenue, according to experts of the organization, a decline in average prices for these products, and the increase in earnings from exports of fresh apples and frozen berries and fruits.

Apple in February 2019 accounted for 14% of total revenue against 8% in the previous year and 4% two years earlier.

Frozen berries brought to Ukraine in February, 21% of total export earnings, although in February of last year their share did not exceed 14%.

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