Business news from Ukraine

Business news from Ukraine

Cash currency imports reached record high since 2014 – $9.9 bln

Cash currency imports to Ukraine in January-September 2024 amounted to $9.89 billion, which is 80.9% more than in the same period last year and 4.5% more than the total amount of currency imported in 2023, according to statistics from the National Bank of Ukraine (NBU).
According to the statistics, this is the highest figure since 2014, when cash currency imports amounted to $12.43 billion for the year.
In particular, in August, banks imported $1.09 billion in the equivalent to Ukraine, which is less than $1.31 billion in July, $1.33 billion in June, and $1.18 billion in May.
According to the statistics, the US dollar and euro accounted for 77.5% and 22.5% of all imported cash currency in August, respectively.
At the same time, dollar deliveries decreased from $960.8 million in July to $840.8 million in August, while euro imports fell for the second month in a row: from $348.7 million in July to $243.9 million in August.
As reported, since the beginning of 2024, the dollar has risen in price by 8.3%, or UAH 3.16, to UAH 41.1664/$ at the official exchange rate, and by 12.6%, or UAH 4.60, since the National Bank switched to managed flexibility on October 3, 2023.
Meanwhile, since the beginning of this year, the cash dollar has risen in price by about UAH 2.72 when buying to UAH 41.47/$, and by about UAH 2.1 when selling to UAH 41.52/$.

Geographical structure of Ukraine’s foreign trade (surplus) in Jan-June 2024, thousand USD

Geographical structure of Ukraine’s foreign trade (surplus) in Jan-June 2024, thousand USD

Open4Business.com.ua

Cargo transportation in Ukraine increased by almost 20% in January-June

In January-June, cargo transportation in Ukraine increased by 18.6% year-on-year to 178.8 million tons, according to the State Statistics Service.

According to the agency, cargo turnover in January-June increased by 19% to 94347.1 million tons per kilometer.

At the same time, the number of passengers transported in the first half of the year increased by 13.5% to 1.07 billion people.

Passenger turnover increased by 17.2% to 20887 million passenger-kilometers.

The data exclude the territories temporarily occupied by the Russian Federation and part of the territories where military operations are (were) conducted.

Radiation background and air pollution level in Kyiv are normal

As of 8:00 a.m. on September 28, the level of air pollution in Kyiv is very low, and the radiation background throughout the city is normal, according to the Department of Environmental Protection and Climate Change Adaptation of the Kyiv City State Administration.

According to the KCSA website, a total air quality index of 20 to 36 (very low level of pollution) was recorded at seven stationary air monitoring stations in different districts of the Ukrainian capital. The radiation background is 0.1 μSv/hour.

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Minister gives new forecasts for corn, sunflower, soybean harvest in Ukraine

The harvest of corn, according to preliminary estimates of the Ministry of Agrarian Policy and Food, in 2024 will be 25 million tons, sunflower – 12 million tons, soybeans – 5 million tons, said Minister of Agrarian Policy and Food Vitaly Koval in an interview with Forbes Ukraina.
“Ukraine did not receive about 2% of early grains compared to last year’s harvest. This group did not suffer as much as late crops. Soybeans, buckwheat, corn and sunflower suffered the most. They have a shortfall of about 10-15% depending on the region. However, this is not critical for the food security of the country,” he said.
Koval expressed confidence that in the new season the structure of crops will not change globally compared to last year. At the same time, the Ministry of Agrarian Policy has concerns about winter rape: there is not enough moisture to sow it.
“In total, about 5 million hectares of winter crops will be sown,” summarized the Minister of Agrarian Policy.

 

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Volume of completed construction works in Ukraine in January-June jumped by 50%

The volume of completed construction works in Ukraine in January-June 2024 increased by 50.2% compared to the same period of 2023 – up to UAH 82.4 billion, according to the data of the State Statistics Service. In June-2024, the index of construction products exceeded the index of June-2023 by 13.8%, and the previous month – by 88.3%, notes the State Statistics Service.

According to the State Statistics Service, in January-June 2024 to the same period in 2023, the growth of construction was observed in all segments. Thus, in residential construction growth amounted to 27.9% (up to UAH 11.7 billion), in non-residential – 44% (up to UAH 20.9 billion), in engineering – 59.8% (up to UAH 49.6 billion). Construction output indices for the above categories in the first half of the year amounted to 116.8%, 131.6% and 146.1%, respectively.

According to the seasonally adjusted data of the department, the indices of construction products in June-2024 in residential construction amounted to 43.2%, in non-residential construction – 98.4%, in engineering – 124.1%, and taking into account the effect of calendar days, the indicators are 43.8%, 93.9% and 100%, respectively.

The share of new construction to the total volume of completed construction works in the first half of the year amounted to 43.7%, repair – 29.4%, reconstruction and technical re-equipment – 26.9%.

The State Statistics Committee notes that the publication of data was postponed due to martial law. Statdata indicators are given without taking into account the temporarily occupied territory and part of the territory where hostilities are (were) conducted.

 

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