The saturated market of Ukraine and its geographical location make our country an attractive market for foreign goods. However, importing goods to Ukraine is a complex process that requires knowledge of legislation, international relations, and customs clearance procedures. These and other issues were discussed by the founder of the Club of Experts Maxim Urakin and the President of the Ukrainian Exporters Club Yevheniia Lytvynova in a new video on the YouTube channel “Club of Experts”.
According to Maksym Urakin, before starting to import goods, it is necessary to conduct a detailed analysis of the market and legislation of Ukraine and the exporting country, as well as calculate all costs associated with delivery, customs clearance and taxes.
“This will help you draw up a clear action plan and avoid unpleasant situations during the import process,” the expert emphasized.
Yevheniia Lytvynova, President of the Ukrainian Exporters Club, also emphasizes the need to research the market and check the reputation of potential suppliers.
“Market research and checking the reputation of potential partners can help you find a reliable supplier,” she said.
According to Yevheniia Lytvynova, successful import of goods requires a thorough analysis of all aspects of the importer’s future business strategy.
“Before you start importing goods, you need to conduct a detailed analysis of the market, legal requirements and your capabilities, as well as calculate all the costs associated with delivery, customs clearance and taxes. This will help you draw up a clear plan of action and avoid unpleasant situations during the import process,” emphasized Lytvynova.
Regarding the documents to be prepared for importing goods, Lytvynova noted that the contract between the importer and exporter, invoice, transportation document (e.g., waybill or bill of lading), quality certificate and certificate of origin should be put in the forefront.
“In addition to these basic documents, additional documents may be required depending on the characteristics of the goods and the requirements of Ukrainian legislation. In particular, licenses, certificates of conformity, permits and other documents confirming compliance with safety, hygiene, environmental requirements, etc. may be required,” she explained.
Maksym Urakin also emphasized that studying local legislation and choosing a reliable supplier are also very important steps in the import process. According to the experts, in order to successfully sell goods in Ukraine, it is also necessary to take into account the difficulties that may arise after their delivery.
“Even if the goods are of high quality and interesting, they still need to be sold. But here in Ukraine, even after obtaining certificates and relevant permits, sales can be restricted due to various customs barriers, which leads to breach of contract. Therefore, we advise our companies to conduct a detailed analysis of the market and legal requirements. This will allow them to prepare the right documentation and comply with all requirements,” said Yevgeniya Lytvynova.
To increase export sales, experts recommend improving product quality and providing buyers with more information about their goods.
“Nowadays, many buyers check the quality of goods and their compliance with standards. If your products don’t meet the requirements, they simply won’t buy them,” emphasized Maksym Urakin.
In this regard, experts advise to focus on developing the quality of goods and their competitiveness. In addition, according to Maxim Urakin, it is important to participate in international exhibitions and forums where you can find new partners and establish contacts with potential suppliers.
Thus, according to the experts, it is very important to comply with all the requirements and norms set by law when importing goods, conduct a detailed market analysis and check the reputation of suppliers. It is also important to ensure the quality of goods and timely delivery, while considering all possible risks and costs. Importing goods can be a very profitable business if you organize it properly. Experienced experts advise to study the market and determine your capabilities to avoid unpleasant situations and ensure successful business development.
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EXPERTS, EXPERTS CLUB, EXPORT, EXPORTERS CLUB, IMPORT, IMPORT_PRODUCTS, LITVINOVA, URAKIN
Filatov Institute of Eye Diseases and Tissue Therapy of the National Academy of Medical Sciences of Ukraine (Odessa, Ukraine) received as humanitarian aid the drug melphalan for the treatment of retinoblastoma, an intraocular malignant tumor in children.
As the Interfax-Ukraine agency was informed at the clinic, the drug is used to treat this tumor with the Institute’s own combined polychemotherapy method which implies injecting the drug directly into the tumor in combination with general polychemotherapy. This method allows to save the eye affected by the tumor and even vision in 80% of cases, including those with retinoblastoma stage 3-4.
The drug used for intraocular injections is melphalan, which is produced by Aspen Pharmacare Holdings Limited.
“Unfortunately, recently it has been impossible to purchase melphalan for injections in Ukraine. The institute has taken active steps to obtain the drug,” the institute reported.
Obtaining the drug was made possible thanks to the efforts of Olga Nikitchenko, head of the patronage service of the Ukrainian Ministry of Foreign Affairs, Ukrainian Ambassador to South Africa Lubov Abravitova, and Stavros Nikolau, senior executive director of Aspen Group, with support from the We Stand with Ukraine Foundation.
“The drug was delivered to the Filatov Institute. And literally the next day the first patient received treatment to save his vision and life,” the clinic reported.
Retinoblastoma is an intraocular highly malignant retinal tumor that develops mainly in children in the first two years of life and accounts for 89.3% to 98.2% of all intraocular neoplasms in children. Retinoblastoma incidence rate in the world is currently 1 case per 10-15 thousands newborns.
Due to asymptomatic course of the disease the majority of children (85-86%) come to the clinics with far advanced stage of retinoblastoma and even up to now many clinics have considered that the only way to save the life of the child was to remove the tumor together with the eye.
Retinoblastoma treatment in Ukraine is carried out at the Department of Pediatric Ophthalmopathology of the Institute of Eye Diseases and Tissue Therapy named after Filatov Institute of Eye Diseases and Tissue Therapy. V.P.Filatov Institute of Eye Diseases and Tissue Therapy of NAMS of Ukraine”. In recent years, the clinic has treated about 300 children with retinoblastoma aged from three months to eight years. One child receives from three to 20 injections, depending on the stage of the disease.
Ukraine and Poland have agreed on the resumption of transit of Ukrainian agricultural products. It will work at night from April 20 to 21, 2023, according to the press service of the Ministry of Agrarian Policy.
Additional control measures will be applied to the transit, of which market participants will be notified publicly and in working order in the near future.
The Radomyshl Brewery PJSC (Radomyshl, Zhytomyr region), which is part of the Persha Privatna Brovarnya group of companies, increased its net loss in 2022 by 57.3% compared with the previous year, to UAH 149.42 mln.
According to the company’s notice in the information disclosure system of the National Securities and Stock Market Commission (NSSMC) about the planned annual meeting on April 28, its assets for the year increased by 23.9%, to UAH 3.82 billion, and the uncovered loss increased by 7.2%, to UAH 2.23 billion.
Total accounts receivable of the plant increased 16.5% during the year, to UAH 1.85 billion, long-term liabilities increased 20.7% to UAH 1.43 billion, and current liabilities increased 21.6% to UAH 3.62 billion.
The company increased its inventory by 57% to UAH 0.72 bln and had UAH 17.2 mln of free cash at the end of the year.
The shareholders are not allowed to pay out dividends and will have to repay their losses at the expense of future profits.
As earlier reported, Persha Privatna Brovarnya LLC was founded in 2004. It operates two breweries – in Lviv and Radomyshl with a total capacity of 2.4 million hectoliters of beer per year.
According to the PPB website, the largest shareholder of the company and its CEO is Ukrainian Andrey Matsola, while the second largest stake belongs to the EBRD. The rest of the shares are distributed among Oettinger concern and the managing partners of OASIS group.
The company’s brand portfolio includes beer brands Avtorskoe, StareMisto, Zhiguli Barne, Oettinger, CervenaSelka, Bavaria, Galitskaya Korona and others, as well as two kvass brands Lvovsky and Drevlyansky.
The volume of marketable products of Kyivsky Cardboard and Paper Mill (Obukhiv, Kyiv region), the leader of the Ukrainian industry in this indicator, in January-March 2023 amounted to UAH 1.862 billion, and it was 27.2% more than in the first quarter of 2022.
According to the statistics of the UkrPapir association, provided to Interfax-Ukraine, in this way, the mill, following the results of the quarter, moved to a significant positive dynamics in the increase in production volume (according to the results of January-February, there was a decrease by 2.6%), primarily due to low the comparative base of March 2022 – the first full month of the full-scale aggression of the Russian Federation against Ukraine.
In kind, in March 2023, the production of corrugated boxes rose by 3.7 times compared to March 2022, to 16.9 million square meters, paper and cardboard 3.6 times, to 18,600 tonnes.
With the outbreak of the full-scale war in Ukraine, the mill suspended production, but resumed it in March 2022.
Taking this into account, according to statistics, in January-March of this year, the production of corrugated boxes at the mill grew by 54.6%, to 52.34 million square meters. The output of cardboard rose by 26.2%, to 43,920 tonnes, due to the increase in the output of containerboard by 53.6%, to 36,380 tonnes, while the output of boxboard dropped by 32%, to 7,540 tonnes.
At the same time, the production of base paper for sanitary and hygienic purposes retains a downward trend, although it has slowed down – in January-March it fell by 31% to 10,220 tonnes, while the production of toilet paper in rolls fell by 29%, to 56.54 million.
The mill, despite the reduction in the production of toilet paper, retains leadership in its production in Ukraine: in general, in the first three months, the main enterprises of the industry produced 87.72 million rolls (10% less).
According to the statistics of the profile association received from industry enterprises, in total, in January-March 2023, they produced 131,560 tonnes of paper and cardboard, which is 12.4% more than in the first quarter of 2022, and 115.24 million square meters of cardboard boxes – 23.4% more.
At the same time, in March, the production of corrugated boxes grew by 2.5 times compared to March 2022 to 36.74 million square meters of paper and cardboard three times, to 44,240 tonnes.
Kyivsky Cardboard and Paper Mill is one of the largest enterprises in Europe for the production of cardboard and paper products with a staff of about 2,500 people.
Pulp Mill Holding (Austria) owns 100% of the company’s shares.
Ukraine in January-March this year exported 99 tonnes of pork, which is 54.7% more than in the same period last year (64 tonnes).
According to customs statistics, in monetary terms, the export of these products for the first quarter increased by 3.5 times – up to $274,000 ($78,000 in the first quarter of 2022).
Pork imports in January-March 2023 decreased by 4.3 times – to 3,162 tonnes from 13,746 tonnes, and in monetary terms, the decline was four times – to $6.291 million.
At the same time, according to customs statistics, the supply of poultry meat and offal abroad in the first quarter of 2023 increased by 20% – up to 104,121 tonnes, and in monetary terms, the growth was 3.5% – up to $180.022 million.
During this period, imports decreased in physical terms by 22.3% – to 15,482 tonnes, in monetary terms – by 28.2%, to $8.372 million.
Ukraine in 2022 reduced the supply of pork to foreign markets by 13 times – to 293 tonnes, while imports of this product amounted to 46,934 tonnes (an increase of 15.5%).
In 2022, the country reduced the export of poultry meat and offal by 10%, to 413,197 tonnes. Imports of these products decreased by 37.6% compared to 2021, to 74,746 tonnes.
