Business news from Ukraine

GERMAN ECONOMY MINISTER PETER ALTMEIER INTENDS TO DISCUSS ENERGY ISSUES WITH UKRAINE AND RUSSIA IN MID-MAY

Federal Minister for Economic Affairs and Energy Peter Altmeier intends to make visits to Russia and Ukraine, the German news agency DPA has reported referring to the sources in the cabinet of the Federal Republic of Germany on Monday. According to it, the trips are scheduled for May 13 and May 14.
It is expected that the head of the German Economy Ministry will discuss energy and economic policy with his counterparts in Russia and Ukraine.
The key topic of the negotiations should be the future of the Nord Stream 2 gas pipeline project and Ukraine as a transit state for Russian natural gas supplies to Europe.

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UKRAINE SEES CHEESE EXPORT RISE BY 7%, IMPORTS BY 31% IN JAN-APR

Ukraine exported 2,670 tonnes of cheese in January-April 2018, which is 7.8% more than in the same period in 2017. According to customs statistics released by the State Fiscal Service, in monetary terms exports increased by 20%, to $10.18 million. Cheese imports in January-April 2018 amounted to 3,730 tonnes, which is 31.7% more than in the same period in 2017. In monetary terms this figure increased by 1.5 times, to $19.01 million.
Exports of butter from Ukraine in January-April of this year increased by 2.2 times, to 12,160 tonnes. In monetary terms the figure amounted to $52 million against $19.97 million in the same period in 2017. Butter imports rose by 2.4 times, to 393 tonnes ($2.53 million).
Exports of milk and cream (condensed) in January-April 2018 decreased by 1.4 times, to 9,830 tonnes. Ukraine supplied condensed milk and cream for a total of $16.69 million, which is 1.5 times less than in January-April 2017.

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UKRAINE INCREASES COAL IMPORT BY 53.9% IN JAN-APR, RUSSIAN SUPPLIES WORTH $643.58 MLN, US – $288.411 MLN

Ukraine in January-April 2018 increased import of coal and anthracite (foreign economic activity code 2701) by 53.9% (by 2.605 million tonnes) compared to the same period in 2017, to 7.437 million tonnes. According to the State Fiscal Service, coal was imported for $1.004 billion, which is 30.3% more than in January-April-2017 ($770.936 million).
At the same time, Russia supplied coal worth $643.58 million (a 64.08% share in imports), the United States for $288.411 million (28.72%), Canada for $48.365 million (4.82%), and other countries for $24.003 million (2.39%).
In addition, Ukraine in January-April 2018 exported 43,491 tonnes of coal and anthracite for $7.819 million, including $4.597 million to Russia, $3.201 million to Slovakia, $11,000 to Hungary, and $10,000 to other countries.

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UKRAINE SEES EXPORT OF POULTRY RISE, PORK FALL IN JAN-APR

Ukraine in January-April 2018 exported 98,360 tonnes of poultry, which is 2.6% more than in the same period in 2017, the State Fiscal Service has reported. According to its data, in monetary terms exports of these products increased by 21%, to $150.09 million.
Imports of poultry for the four months of 2018 increased by 27.7%, to 40,000 tonnes, in monetary terms by 35.8%, to $16.73 million.
According to the service, exports of pork in January-April 2018 decreased by 66.7% compared to the corresponding period in 2017, to 810 tonnes. Exports amounted to $1.88 million against $4.7 million in the four months of 2017.
Pork imports to Ukraine during this period increased by 4.6 times, to 3,310 tonnes. The country imported pork for $5.91 million against $1.24 million in January-April 2017.
As reported, with reference to customs data of the fiscal service, Ukraine in 2017 increased the supply of pork to foreign markets by 1.6 times, to 4,920 tonnes, imports of this product doubled, to 5,600 tonnes.

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