In 2024, the Ukrainian agro-industrial complex became the largest payer of excise tax among producers of excisable products, significantly replenishing the state budget. According to the results of the year, the treasury received 105.2 billion hryvnias, of which 85.9 billion (81.7%) were received from agricultural products produced in Ukraine.

This was reported by the Minister of Agrarian Policy and Food of Ukraine Vitaly Koval, emphasizing the importance of the agricultural sector for the country's economy. The main part of these revenues was tobacco products, which provided the budget with 71 billion hryvnias, which is 16.6% more than in 2023. In addition, excise tax on other categories of excisable products also became a significant source of income for the state.

In particular, the excise tax on alcoholic beverages amounted to 8.75 billion hryvnias (+8.9% compared to last year), on wine products – 2.26 billion hryvnias (+20.3%), and on beer – 3.78 billion hryvnias (+5.1%). In addition, the state received 124 million hryvnias from the sale of ethyl alcohol, which corresponds to the level of last year.

Another important area of ​​budget replenishment was the import of excisable agricultural products, which brought 29 billion hryvnias in tax revenues. Vitaliy Koval emphasized that these tax revenues are the basis for financing not only the country's defense, but also the restoration of infrastructure and social programs.

The agricultural sector continues to play an important role not only in ensuring Ukraine's food security, but also in maintaining its economic stability, especially in conditions of military aggression. Koval emphasized that in 2024, the agricultural sector provided 59% of the country's foreign exchange earnings, which was the second best result since Ukraine's independence.

However, according to the minister, the potential of the agricultural sector can be increased even more if the country focuses on increasing domestic processing of agricultural raw materials. This will allow Ukraine not only to increase export revenues, but also to create new jobs and stimulate the development of the manufacturing industry, which in turn will provide a significant economic effect.