AGRICULTURAL TRADE POLICIES IN THE POSTSOVIET COUNTRIES 2014/15: A summary
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The document is based on the publication “Review of Agricultural Trade Policies in post-Soviet countries 2014-15”. In the 2013-2014 period, most countries in the region registered a negative foreign trade balance in agrifood products (HS codes 1-24). The largest deficit in this product category was recorded in the Russian Federation, which had an average annual deficit over the two years of USD 23.9 billion. A positive foreign trade balance was recorded in Belarus, Moldova, Ukraine and Uzbekis tan. It should be noted that Ukraine is the largest net exporter of agricultural products in the region. Its trade balance in agrifood products was USD 10.5 billion in 2014. Total regional exports in this category reached USD 48.8 billion in 2014, while imports amounted to USD 63.6 billion. As a result, the region’s trade deficit in agrifood products was USD 14.8 billion in 2014, which was 34 percent below the 2013 level.