Business news from Ukraine

Business news from Ukraine

Negative balance of Ukraine’s foreign trade in goods in January decreased by almost 12%

The negative balance of Ukraine’s foreign trade in goods in January 2024 decreased by 11.7% compared to the same month in 2023 – to $1.678 billion from $1.9 billion, the State Statistics Service (Gosstat) said on Friday. According to its data, exports of goods from Ukraine in January 2024 compared to January 2023 increased by 8.2% to $3.4 billion, while imports increased by 0.7% to $5.078 billion.

The State Statistics Committee specified that in January-2024 compared to December-2023 seasonally adjusted exports increased by 7.4% to $3.47 billion, while imports remained virtually unchanged at $5.536 billion.

The seasonally adjusted foreign trade balance in January-2024 was negative at $2.066 billion, while December-2023 also recorded a negative balance of $2.304 billion.

The coefficient of export coverage of imports in January 2024 amounted to 0.67 (in January 2023 – 0.62).

State Statistics specified that foreign trade operations were conducted with partners from 191 countries. Analytical Center Experts Club presented a video analysis of the main trends in the economy of Ukraine and the world – https://youtu.be/w5fF_GYyrIc?si=vN_Jp0fh8u1xN_U2.

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SpaceX successfully launched 23 mini-satellites into orbit for Starlink

The Falcon 9 launch vehicle on Saturday successfully put into orbit another batch of 23 mini-satellites to replenish the orbital constellation of the Starlink system’s global Internet coverage network, developer SpaceX said.

“The launch of 23 Starlink satellites has been confirmed,” the statement said.
The rocket was launched from Launch Complex 39A of the Kennedy Space Center at Cape Canaveral in Florida on Friday at 20:21 US East Coast time (Saturday at 02:21 Kiev time). About an hour later, the satellites were put into orbit.

Since May 2019, SpaceX has already launched more than 6 thousand such satellites under the Starlink project. Some of them failed or went out of orbit. More than 5.6 thousand vehicles are in orbit in working condition.

During the launch, the first reusable stage of the launch vehicle, which was used for the 19th time, after separation made a controlled vertical landing on the offshore drone platform A Shortfall of Gravitas, which was located in the Atlantic.

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On Saturday, level of Dnieper rose to absolute maximum since beginning of 2024 within tcity of Kyiv

On Saturday within Kiev the level of the Dnieper rose to its absolute maximum since the beginning of 2024, emergency flooding in the city has not been recorded, according to the head of the Kiev City Military Administration Sergey Popko.

“The level of the Dnieper within Kiev has risen to its absolute maximum since the beginning of 2024. As of 16.03.2014, it is fixed at the mark of 601 cm above the “0” post. Water temperature – 3.9 deg. C”, – said in a message published in the telegram channel on Saturday.

According to monitoring data, over the past 7 days, the level of the Dnieper within Kiev has increased by more than 60 centimeters. At the same time there is a significant fluctuation of water during the day.

“The rise in water level and such significant fluctuations are due to the increase in water discharges from the Kiev reservoir due to the passage of spring floods. Therefore, there is an initial flooding of floodplains and low-lying riverine areas”, – noted in the press service of the KHVA.

In Kiev announced I level of danger of hydrological phenomena. In the capital as of Saturday emergency flooding has not been recorded, industrial facilities and residential areas are out of danger. Monitoring of the current flood continues.

“According to forecasts Ukrgidrometcenter, at least until March 19, the level of the Dnieper in Kiev will be kept above the marks of initial flooding of floodplains and low riverine areas,” – said Popko.

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Export of agricultural products during the marketing year, mln tons

Export of agricultural products during the marketing year, mln tons

Source: Open4Business.com.ua and experts.news

Harvest volumes of grains and pulses, mln tons

Harvest volumes of grains and pulses, mln tons

Source: Open4Business.com.ua and experts.news

Head of Office of President of Ukraine held meeting with Ambassador of India

Head of the Office of the President of Ukraine Andriy Yermak held a meeting with India’s Ambassador to Ukraine Harsh Kumar Jain, during which the interlocutors discussed areas of further cooperation, particularly in the issue of establishing a just peace in Ukraine, the Ukrainian presidential website reported on Thursday.
“The Head of the Office of the President highly appreciated the participation of Deputy National Security Advisor to Indian Prime Minister Vikram Misri in the fourth meeting of national security advisors and political advisors of the leaders of states in Davos on the implementation of the Ukrainian Peace Formula,” the report said.
The Head of the Ukrainian Head of State’s Office informed the Ambassador about the preparation of the first Global Peace Summit in Switzerland at the level of state leaders and noted the importance of India’s involvement in this process together with other partners of Ukraine, in particular with the G7 countries and the Global South.
“We stand on the position of honest, open consultations, because we are set for decisions taking into account the recommendations of partners, in particular, yours. The peace summit is very important for us. We will be happy to see the representative of India,” Yermak said.

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