EGAP insures agriculture exports for CZK 587m.

Published: 12.10.2021 Related countries:  Czech Republic Czech Republic

Export Guarantee and Insurance Corporation (EGAP) has supported the export of agricultural machinery and agrarian products in the amount of CZK 587m.

Export Guarantee and Insurance Corporation (EGAP) has supported the export of agricultural machinery and agrarian products in the amount of CZK 587m since the beginning of 2021. In the year 2019, EGAP insured agriculture exports in the amount of CZK 510m for the whole year. Although the interim statistics this year count 16 countries, the most distant of which is New Zealand, the majority of exports go to traditional trading partners. Half of the supported agriculture exports go to Russia and Ukraine. Interest from these countries is confirmed by BEDNAR FMT, which insured exports worth CZK 244m with EGAP in 2021 alone.

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