KPMG Business Navigator - Agriculture, Food and Beverages

Agriculture is one of the most important pillars of the Ukrainian economy, contributing around 7.1% to gross domestic product. With its fertile black soil (around 8% of global reserves) and 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, maize, wheat, barley, rapeseed and soya.

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.

EU integration and reconstruction potential

The ongoing alignment with EU standards and geographical proximity to European markets create excellent conditions for exports. The reconstruction phase opens up a wide range of investment opportunities in modern agricultural logistics, storage and processing capacities.

Government support and international assistance

The Ukrainian government supports investors with tax incentives, CAPEX co-financing of up to 30% and simplified customs and quality certification procedures. These measures are complemented by EU programmes and international financial institutions, which facilitate market entry and reduce investment risks.

Natural resources and competitive advantages

Thanks to its fertile soils, low production costs and skilled workforce, Ukraine is one of the most cost-efficient agricultural producers in Europe. Investments in cereals, oilseeds, poultry production and certified organic products are particularly attractive.

Value creation and export growth

Currently, around 80% of Ukrainian agricultural exports are raw products. The government's goal is to significantly increase the level 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.

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 economy not only offer economic potential, but also make an important contribution to food security and the reconstruction of the country.

With KPMG at their side, German companies can take advantage of these opportunities at an early stage and position themselves as reliable partners in a future-oriented market.