KPMG Business Navigator - Agriculture, Food and Beverages
Agriculture is one of the most important pillars of the Ukrainian economy and accounts for around 7.1% of gross domestic product. With its fertile black soil (around 8% of global reserves) and a long agricultural tradition, Ukraine has always been considered the "breadbasket of Europe". Today, the country provides food for over 600 million people worldwide and is one of the leading exporters of sunflower oil, corn, wheat, barley, rapeseed and soybeans.
Ukraine is not only an important supplier of raw materials, but is also increasingly developing into a modern agri-food hub for Europe and beyond. The share of agricultural and food products in Ukrainian exports rose to 59% in 2024 - a clear sign of the sector's growing strength and stability.
In today’s rapidly evolving agrifood landscape, the impact of climate change and demand for healthier foods are more critical than ever. With southern Europe facing growing water scarcity and heat stress, regions like Ukraine and northern France may play a larger role in the supply of fruits and vegetables. The success of alternative proteins, for instance, depends on the cross-regional collaboration and participation of all stakeholders, including consumers. Germany continues to champion progress in this field. By working together, we can build resilient, future-ready food systems that are sustainable and inclusive.”
Attractive opportunities for German investors
EU integration and reconstruction potential
Progressive harmonization with EU standards and geographical proximity to European sales markets create excellent export conditions. The reconstruction phase opens up a wide range of investment opportunities in modern agricultural logistics, storage and processing capacities.
State funding and international support
The Ukrainian government is supporting investors with tax incentives, CAPEX co-financing of up to 30% and simplified customs and quality certification procedures. These measures are complemented by EU programs and international financial institutions that facilitate market entry and reduce investment risks.
Natural resources and competitive advantages
Thanks to its fertile soil, low production costs and skilled workforce, Ukraine is one of the most cost-efficient agricultural producers in Europe. Investments in grain, oilseeds, poultry production and certified organic products are particularly attractive.
Adding value and increasing exports
Around 80% of Ukrainian agricultural exports are currently exported as raw products. The government's aim is to significantly increase the depth of processing. Investments in agro-processing can increase the value per tonne by up to 200% and further expand access to EU markets with growing demand for quality food products.
KPMG - Your partner for sustainable agricultural investments
KPMG supports companies throughout the entire investment process - from market analyses and location assessments to tax and legal advice, financing and risk management.
Our goal: sustainable, long-term successful investments in the Ukrainian agricultural and food sector.
Investments in the Ukrainian agricultural sector not only offer economic potential, but also make an important contribution to food security and the reconstruction of the country.
With KPMG at your side, German companies can take advantage of these opportunities at an early stage and position themselves as reliable partners in a future-oriented market.
Your contact persons
Nicolai Kiskalt
Partner
KPMG AG Wirtschaftsprüfungsgesellschaft
Stephan Fetsch
Partner, Deal Advisory, EMA and German Head of Retail & Consumer Goods
KPMG AG Wirtschaftsprüfungsgesellschaft