Business news from Ukraine

Business news from Ukraine

FOREIGN TRADE TURNOVER BY THE MOST IMPORTANT POSITIONS IN JANUARY-JULY 2020 (IMPORT)

Foreign trade turnover by the most important positions in January-July 2020 (import).

UKRAINE RAISES POULTRY EXPORT IN JAN-SEPT

Ukraine in January-September 2020 increased export of poultry by 6.7% compared to the same period in 2019, to 323,730 tonnes, the State Customs Service has reported.
According to its data, in monetary terms, exports of these products fell by 4.4%, to $420.03 million.
At the same time, imports of poultry for the first nine months of this year decreased 17.2%, to 78,460 tonnes, in money terms by 13.9%, to $32.62 million.
Pork export, according to the State Customs Service, increased 28.7%, to 2,060 tonnes. These products were delivered for $4.62 million, which is 30.2% more than in January-September 2019.
In January-September 2020, pork imports to Ukraine increased 4.8%, to 19,200 tonnes, in monetary terms by 11.3%, to $38.78 million.
In addition, over the indicated period, Ukraine reduced export of eggs by 16.4%, to 88,850 tonnes, in monetary terms by 5.5%, to $79.38 million.
In January-September 2020, egg imports fell by 50%, to 2,090 tonnes, in monetary terms by 54.6%, to $7.47 million.

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ODESA AIRPORT CUTS PASSENGER TRAFFIC BY 55%

Odesa International Airport in January-September 2020 reduced passenger traffic to 555,800 0 passengers, which is 55% less than the volume for the same period in 2019.
As reported on the airport’s Facebook page on Monday, in particular, 435,500 0 passengers were transported on international flights, which is 58% less than in the first nine months of 2019. Some 120.2 thousand people flied domestic flights, which is 49% less.
The number of flights performed in the first nine months of 2020 was 7,048, which is 46% less than the volume for the same period in 2019 (4,572 international flights (a decline of 51%), and 2,476 domestic flights (a fall of 30%).
At the same time, in September 2020, the passenger traffic of the airport amounted to 71,900 people, which is 60% less than in September 2019 (49,200 passengers on international flights (a fall of 66%), and 22,680 passengers on domestic flights (a decline of 25%).
The number of flights performed in September of this year was 1,035, which is 38% less than in September 2019 (588 international flights (a fall of 52%), and 447 domestic flights (1% down).
As reported, the Odesa international airport in 2019 serviced 1.694 million passengers, which is 17.1% more than in 2018.
Odessa International Airport LLC is a joint venture established in November 2011 by the Odesa City Council and the private investor Odesa Airport Development, which finances the construction of a new airport terminal and infrastructure worth $45 million.

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UKRAINE AND ALGERIA PLAN TO HOLD BUSINESS FORUM

Foreign Ministers of Ukraine and Algeria, Dmytro Kuleba and Sabri Boukadoum, during a telephone conversation agreed to hold the second round of political consultations between the foreign ministries of the two countries next month.
Within the framework of the consultations, a substantive discussion of a wide range of issues of bilateral relations will take place: from support of the sovereignty and territorial integrity of Ukraine in the international arena to the development of cooperation in the spheres of industry, education and tourism, the press service of the Ukrainian Foreign Ministry said on Tuesday.
“Within the framework of political consultations, Ukraine and Algeria plan to sign an agreement on the creation of a Joint Intergovernmental Commission on Bilateral Cooperation as an effective tool for promoting trade and investment, as well as hold a business forum with the participation of leading Ukrainian and Algerian companies,” Kuleba said.
The Ukrainian minister stressed that within the framework of a renewed vision of the development of relations between Ukraine and the African continent, the Ministry of Foreign Affairs of Ukraine set itself the goal of opening up Algeria’s opportunities for Ukrainian business. According to him, the situation is unacceptable when there are no active bilateral contacts at the political level with the important countries of the region, in particular Algeria, which at the end of 2019 became the second largest trade partner of Ukraine in Africa.
Kuleba also invited Boukadoum to pay an official visit to Ukraine at a convenient time for him.
The Ministry of Foreign Affairs of Ukraine indicated that in 2019 the total volume of trade in goods and services between Ukraine and Algeria reached a record for bilateral relations – $614.4 million. At last year end, Algeria became Ukraine’s second largest trade partner in Africa after Egypt.

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UKRAINE EXPORTS 13.1 MLN TONNES OF GRAIN SINCE START OF MARKETING YEAR

Ukraine since the beginning of the new 2020/2021 marketing year (MY, July-June) and as of October 12 had exported 13.12 million tonnes of grain and legumes, which is 2.14 million tonnes less than on the same date last MY.
According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, 9.2 million tonnes of wheat, 3.06 million tonnes of barley and 820,000 tonnes of corn have been exported.
As of October 12 this year, 55,700 tonnes of flour were also exported.
As reported, Ukraine exported a record 57.2 million tonnes of grains, legumes and flour in the 2019/2020 MY, which is 13.5% more than in the previous MY.

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UKRAINE PRODUCES 170,000 TONNES OF SUGAR BY OCT 12

Sugar production in Ukraine as of October 12, 2020 amounted to 168,400 tonnes.
According to a report on the website of the Ukrtsukor National Association of Sugar Producers, as of the indicated date 20 sugar factories were operating in the country, which processed 1.25 million tonnes of sugar beets.
As reported with reference to Ukrtsukor, the sugar beet processing season in Ukraine started on September 5.
Sugar production in the country in 2020 is projected at 1.2 million tonnes, which is 15% less than a year earlier. It is expected that 33 sugar factories will operate this season, at the level of last year.
According to the State Statistics Service, in 2020 the area sown with sugar beets amounted to 218,900 hectares, at the level of last year.

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