The volume of pork imports (UKT ZED 0203) in June amounted to 195 tonnes, and the average customs value of the imported kilogram was 2.27 USD. USD (minus 0.3 USD/kg compared to May), according to the AUPB:
«Instead, pork exports in June were 1.5 times higher: during the month, almost 296 tonnes of pork were exported with a total value of about 700 thousand USD. US DOLLARS. In general, 2024 was a very atypical year for foreign pork trade, as the gap between the volume of pig meat imports from abroad and Ukrainian pork exports was not so significant. Thus, the total imports in January-June amounted to 1.63 thousand tonnes, which is 3.5 times less than the volume imported in the first half of 2023, while exports for this period were only a quarter less — 1.2 thousand tonnes - and already exceeded last year's volumes of shipments to foreign markets. Given the decline in domestic prices observed in the first half of the year, this is quite natural: a lower domestic price creates a barrier to entry for imported pork and at the same time helps to improve the competitive position of products in foreign markets».
Despite the difference in exports and imports, there is a certain parallel, as the geography in both cases is limited, industry analysts say:
«All the pork imported in June came from Canada, while Ukrainian pork was sent to the UAE market. Therefore, in the first half of 2024, revenues from Canada accounted for 66% of imported pork, and 9 out of 10 kg of pork exported outside the country went to the United Arab Emirates market».