Economy
SanctionsRussia restricted import of Ukrainian goods by almost US $1 bn
Russia restricted import of such categories of Ukrainian goods as pastries, milk and milk products, pork, juices, canned fruits and vegetables, canned fish, corn grits, soybeans, soybean meal, sunflower seeds, potatoes and onion to its territory, informed Association Ukrainian Agribusiness Club.
In 2013 the total cost of exports of goods to Russia, which is banned as of today, amounted to US $954 mn. Exports of other food products to Russia amounted to US $987 mn in 2013.
At that, there is a big risk of a ban on goods import, considering the recent statements of Rosselkhoznadzor.
The share of the northern neighbor in export of these goods was the largest one for the last several years, according to AgriSurvey agency. In particular, in 2013 Russia accounted for 86.7% of all Ukrainian cheese export, 44% - of soybean meal, 30.28% - of juices, 77.72% - of canned fish, 40% - of onion export.
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