Some 154 more Ukrainian goods are exported to Canada
23.10.2017Some 154 new commodity items have been added to the list of exports to Canada, including special vehicles for USD 3 mln, copper bars and profiles for USD 2.9 mln and turbojets for USD 1 mln, Deputy Minister of Economic Development and Trade, Ukraine's trade representative Ms. Natalia Mykolska has reported.
"The largest growth was in non-raw materials. The rise concerns such positions as devices on rare crystals, sound electrical equipment, flour, equipment for processing rubber and plastic, equipment using X-rays, printing equipment. As for agricultural products, they include juice, honey, and sunflower oil. This means that export positions with high added value are growing," she said.
She added that in monetary terms the new 154 export positions make up USD 10.2 mln in total exports. In general, for the eight months exports of goods to Canada increased by 70.9%, or by USD 12.9 mln compared to January-August 2016, to USD 31.2 mln.
Canadian Ambassador to Ukraine Mr. Roman Vaschuk noted that exports in the new niche segments are growing most significantly, and in some of them the growth reaches from 500% to 8 000%.
"Such figures mean that the new niches, previously unoccupied, are being occupied. The matter concerns energy equipment and agricultural machinery. Experience shows the increase in exports occurs initially at the expense of filling new niches and only then moves to the expansion of already existing export sectors," he said.
According to Mr. Vashchuk, the certification process for goods exports to Canada will be simplified over the years, as between Canada and the EU a gradual certification process harmonization is launched, and a similar process takes place between Ukraine and the EU.
"In the future periods we also expect to conclude agreements between the certification centers of Ukraine and Canada. It will also simplify the recognition of certificates issued in the territory of both countries and will enable to reduce the cost of export-import transactions," Ms. Mikolskaya added.
Followed: Interfax