Large Emerging Market
27.10.2011
- Ukraine is a large market with 46 million population. It has high potential and low level of competition in many sectors.
- Ukraine’s economy is on sustainable growth track. In 2011, the GPD had increase by 5,2% (in 2010 – by 4,3%), industrial output – by 7,6% (2010 – 11%) compared to previous year. The 2012 GDP growth forecast is up to 4%. Economic growth rate in some of the sectors of economy exceeds that of the Europe.
- Ukraine was the 5th world’s largest wheat exporter in 2009/2010 marketing year, after the USA, Canada, Australia and Russia (source: US Department of Agriculture).
- Ukraine is the 8th world’s largest still producer (source: World Steel Association).
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