Ukraine: avocado imports up in 2020

Ukrainian Agribusiness Club (UCAB) analyst Svitlana Lytvyn believes that the main reason for the growth in demand for avocado is the trend of healthy eating. In 2020, Ukraine imported 10.8 thousand tons of avocados, up by 28% YoY. The key suppliers of avocados to Ukraine were Peru (23% of Ukrainian imports in physical terms), Israel…

Uzbekistan: country rating resilient to pandemic

Fitch Ratings maintained Uzbekistan’s Long-Term Foreign-Currency Issuer Default Rating at BB- with a Stable Outlook throughout 2020. “Uzbekistan has demonstrated resilience to the coronavirus pandemic, supported by its robust external and fiscal buffers, access to external financing and diversified economy. It was among the few sovereigns to avoid an economic contraction in 2020, as timely…



Ukraine: sunflower oil exports up in 2020

Ukraine in 2020 updated highs for sunflower oil exports for the second time in a row, the press service of the National Scientific Center “Institute of Agrarian Economics” reported. “In 2020, exports from Ukraine for the second time in a row reached record highs of 6.9 million tons, thereby exceeding the 2019 6.1-million tons record…

Latvia: very high budget deficit level looming

The Bank of Latvia has reported that the country is nearing a very high budget deficit level. On February 23, participants of the meeting of the government and Crisis Management Council were presented with the situation with the state budget program for emergencies, as well as the country’s macro-economic situation in general. According to outlooks…