EXPORT OPPORTUNITIES FOR UKRAINIAN AGRICULTURAL SECTOR PRODUCERS IN THE CHINESE MARKET

Abstract

The article analyzes the Ukrainian-Chinese trade relations in the agricultural sector, considers ways to deepen cooperation between Ukraine and China. According to international statistics, the largest consumer of food in the world is China and the largest importer of agricultural products. The directions of deepening cooperation between Ukraine and China are considered, taking into account the strengths of the domestic agricultural sector: geographical location; open land market; availability of fertile soils and fresh water; human potential, etc. Ukraine's agricultural sector has many points of trade with China in a number of food items: corn, wheat, sunflower oil, soybeans, meal, beef, poultry products (chicken and eggs), honey, fruits, etc. An important factor in strengthening and deepening trade relations is the negotiations between Ukraine and China on the establishment of a free trade area. The relevant joint statement was signed in 2020 during the work of the Ukrainian-Chinese commission to assess the potential of a possible Free Trade Agreement between the countries. In 3–5 years, China seeks to double food supplies from Ukraine. Today, China is the leader in the number of product lines, which are working to open markets for Ukrainian producers. This list includes flour, fish and fish products, eggs and egg products, wheat, rapeseed, sorghum, soybean meal, apples, blueberries, poultry, peas, beans, cherries, pet food, malt, feed for farm animals , poultry and pond fish, beef collagen shells, frozen semi – finished products containing products of animal origin, vegetable origin and / or processed products of animal origin, cereals, frozen raspberries.