Ukraine exported 57.5 mln tonnes of grains and oilseeds in 2023-2024 marketing year, which ended on June 30, 2024, out of the harvest of 82.8 mln tonnes, while the carry-over stocks amounted to about 7 mln tonnes, the Ukrainian Grain Association (UGA) reported.
“Last season, the most important factor for the export of Ukrainian grain was the opening of the Ukrainian Humanitarian Corridor, which allowed exports by sea from the deep-water ports of Odesa region. The second most important factor was the introduction by Ukraine, together with international partners, of a working mechanism for insuring ships entering Ukrainian ports, which reduced the costs of exporters and, accordingly, Ukrainian agricultural producers for export logistics,” the association noted.
According to the UGA analysts, referring to the information of the State Customs Service, in monetary terms, the exports of grains and oilseeds in 2023/2024 MY amounted to $10.76 bln, and exports including products from them, including sunflower oil and other oils, cake and meal – $17.86 bln.
Wheat exports amounted to 18.4 million tons worth $3 billion, with production of about 22 million tons. The top 3 importing countries of Ukrainian wheat were Spain, which purchased 5.899 mln tons, Egypt – 1.721 mln tons, and Indonesia – 1.515 mln tons.
Ukraine exported almost 2.5 mln tons of barley for $376 mln, against the production of 5.8 mln tons. The most active buyers were China – 702 thousand tons, Indonesia – 460 thousand tons, and Cyprus – 221 thousand tons.
Last season, Ukraine exported 29.3 mln tons of corn worth $4.7 bln, compared to last year’s production of 29.6 mln tons. Its main buyers were Spain – 6.011 million tons, China – 4.832 million tons, and Egypt – 3.874 million tons.
Almost 3 mln tons of soybeans were sold to other countries for $1.1 bln, with a harvest of 4.9 mln tons. The top 3 buyers were Egypt – 956 thsd tonnes, Turkey – 674 thsd tonnes, and Germany – 235 thsd tonnes.
Ukraine exported 3.7 mln tons of rapeseed worth $1.4 bln, compared to last year’s production of 4.5 mln tons. The most active buyers were Germany – 1.226 mln tons, Romania – 609 thsd tonnes, and the Netherlands – 420 thsd tonnes.
Forecast of unemployment rate in Ukraine according to methodology of international labor organization until 2025
Source: Open4Business.com.ua and experts.news
In January-June this year, Ukrainian steelmakers increased production of total rolled products by 32.2% year-on-year, up to 3.140 million tons from 2.374 million tons, according to preliminary data. According to Ukrmetallurgprom’s information released on Monday evening, steel production increased by 37% in January-June 2023 to 3.874 million tons, while pig iron production increased by 22.3% to 3.467 million tons.
As reported, in 2023, Ukraine increased production of total rolled products by 0.4% compared to 2022 to 5.372 million tons, but reduced steel production by 0.6% to 6.228 million tons and pig iron by 6.1% to 6.003 million tons.
In 2022, Ukraine reduced production of total rolled products by 72% compared to 2021, to 5.350 million tons, steel by 70.7% to 6.263 million tons, and pig iron by 69.8% to 6.391 million tons.
In 2021, the company produced 21.165 million tons of pig iron (103.6% compared to 2020), 21.366 million tons of steel (103.6%), and 19.079 million tons of rolled products (103.5%).
Since the beginning of 2024 the number of service station-partners of IC “Express Insurance” has increased by 22 stations throughout Ukraine, and as of July 1, 2024 their total number is 83.
As reported in the information of the company, in June 2024 five more new partners in Volyn, Zhytomyr, Cherkassy, Chernovtsy regions and Kiev joined the network of the company.
The company notes that the expansion of the network will allow to provide the best service for customers in a convenient place for them, as well as is an important element of its strategy and a necessary condition for fulfillment of obligations in accordance with the requirements of the new Law on compulsory civil liability insurance of owners of land vehicles.
Express Insurance ALC was founded in 2008 with participation of UkrAVTO Corporation. The company specializes in automobile insurance.
The administrative office of the DIM Group of companies was damaged as a result of Russian missile strikes on Kyiv on Monday, the DIM press service reported.
“As a result of a repeated strike by Russian terrorists on the capital, debris fell on the building where the administrative office of the DIM group of companies is located. All our employees are safe and sound, and our entire team is secure. Unfortunately, our business center neighbors were not so lucky. There are dead and injured. We express our sincere condolences to the families of those killed and injured as a result of the massive missile attack on Ukraine by the Russian Federation,” the company said.
The number of casualties in Kyiv as a result of the enemy attack on Monday continues to grow. 96 people were injured, including three children. Two adults have been confirmed dead in the Okhmatdyt hospital, seven in the Dniprovskyi district as a result of debris falling on the medical center, and seven in a business center in the Solomianskyi district. The information is being verified and updated.
DIM Group was founded in 2014 and consists of six companies covering all stages of construction. To date, it has commissioned 12 buildings in six residential complexes with a total residential area of over 218 thousand square meters. Six residential complexes of “comfort+” and “business class” categories are under construction: “Novy Autograph, Metropolis, Park Lake City, Lucky Land, A136 Highlight Tower, Olegiv Podil.
Source: https://interfax.com.ua/
On the eve of the NATO summit in Washington, President of Ukraine Volodymyr Zelenskyy and Polish Prime Minister Donald Tusk signed a bilateral security agreement in Warsaw. “Those who are defending Ukraine today are also defending themselves,” Tusk said.
The President of Ukraine called the agreement “ambitious”. “It is able to protect the lives of our people and resist Russian evil,” Selenskyy said. The agreement provides for the development of a mechanism by which “Russian missiles and drones fired in the direction of Poland can be shot down in Ukrainian airspace.”
Zelenskyy arrived in Poland on the day of fierce Russian missile attacks on his country that killed at least 26 people. A major children’s hospital in Kyiv was damaged. “There are no words, no documents, no political statements that would be enough to condemn the aggressor,” Tusk said.
Poland, a member of the EU and NATO, is one of the staunchest political and military supporters of Ukraine under attack by Russia. It also serves as an important hub for Western military aid to Kyiv. Poland has also hosted nearly a million refugees from its neighboring country.
Ukraine has concluded security agreements with the EU and 19 individual states, including the United States, Japan, and Germany. They formalize the military and civilian support already provided and offer the prospect of further assistance for an initial period of ten years.
In the afternoon, Selensky will meet with his Polish counterpart, Andrzej Duda. The NATO summit on the occasion of the 75th anniversary of the defense alliance will be held in Washington from July 9 to 11. The heads of state and government of the alliance’s 32 member states are expected to discuss, among other things, further assistance to Ukraine. Zelenskyy is also invited to the meeting. With the airspace over Ukraine closed since the start of the war, Zelenskiy must use the land route through Poland for all foreign travel before he can continue his journey by plane from there.
Source: https://www.zeit.de/news/2024-07/08/polen-und-ukraine-unterzeichnen-sicherheitsabkommen
