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Ukraine increases exports of Christmas decoration by 34% in Jan,Oct 2017

Ukraine increases exports of Christmas decoration by 34% in Jan,Oct 2017

KIEV: Exports of Ukrainian-made Christmas decoration grew by 34.2% in January-October 2017 year-over-year, to $6.1 million, Ukraine’s Economic Development and Trade Ministry has said on its website. “Today the EU is the key buyer of Ukrainian Christmas decoration, but our decoration is also used for Christmas trees in the United States, Israel and even Maldives,” the ministry’s press service said, citing Deputy Minister of Economic Development and Trade, Ukraine’s Trade Representative Natalia Mykolska. In January-October 2017, 58% of total decoration was exported to the EU. Total supplies to the EU grew by 25%, from $2.8 million in January-October 2016 to $3.5 million in January-October 2017. The share of decorations exported to the Netherlands is 30% of total Christmas decoration exports and 52% of total exports of decoration to the EU countries. The ministry said that in 2017, supplies of decoration to the Netherlands grew by 31.5%. The ministry said that geography of decoration exports was expanded in 2017: Austria, Armenia and Romania started importing Ukrainian Christmas decoration.