State and state guaranteed debt of Ukraine from 2009 till 2019 (mln UAH)
Commodity pattern of Ukrainian import in Jan – Aug, 2019
PJSC State Food and Grain Corporation of Ukraine in January-October 2019 exported 2.34 million tonnes of grain and sold 160,040 tonnes of flour and bran.
According to a report on its website, during the reporting period it shipped 751,200 tonnes of grain to the main partner, China’s National Corporation CCEC.
Corn ranked first in the commodity structure of grain exports by the corporation, its share in the total volume continued to grow in the reporting period, and reached 67%.
The main buyers of the corporation’s products were Austria, France, Portugal, the Netherlands, Italy, Egypt, Algeria, Tunisia, Bangladesh, China, and Venezuela. Deliveries to third countries are carried out through CCEC.
State Food and Grain Corporation of Ukraine was created by the government of Ukraine in August 2010. It includes an extensive network of branches: linear and port elevators, mills, feed mills and cereal plants. A total of 53 subdivisions can store 3.7 million tonnes of grain, including about 2.5 million tonnes per year of total capacity for transshipment of grains for exports in Odesa and Mykolaiv ports.
Ukraine in January-October 2019 increased export of poultry by 23%, to 333,810 tonnes, the State Fiscal Service has reported.
According to the service, in monetary terms exports of these products rose by 12.8%, to $479.73 million.
At the same time, import of poultry for the ten months of 2019 decreased by 2.1%, to 108,660 tonnes, in money terms by 2%, to $43.29 million.
In addition, according to the service, pork exports in January-October 2019 amounted to 1,790 tonnes compared to 1,540 tonnes for the same period in 2018. These products were delivered for $3.95 million against $3.34 million for the ten months of 2018.
Pork imports to Ukraine during this period decreased by 12.5%, to 20,460 tonnes. Pork worth $39 million was imported to the country compared to $43.17 million in January-October 2018.
Ukraine since the beginning of the 2019/2020 marketing year (MY, July-June) and as of November 8, 2019 had exported 20.755 million tonnes of grain and leguminous plants, which is 44.3% more than on the same date of the previous MY.
According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, the country has exported 12.12 million tonnes of wheat, 5.03 million tonnes of corn, and 3.36 million tonnes of barley.
As of November 8 this year, some 129,300 tonnes of flour had been also exported.
As reported, Ukraine in the 2018/2019 MY exported a record 50.4 million tonnes of grain, legumes and flour, which is 23% more than in the previous MY.
The U.S. Department of Agriculture (USDA) in September raised its forecast for grain exports for the 2019/2020 MY by 400,000 tonnes compared with the August forecast, to 54.44 million tonnes.
JTI Ukraine, a large tobacco company, after a meeting with Ukrainian President Volodymyr Zelensky and ministers on Thursday has said that it resumes production at its factory in Kremenchuk (Poltava region) following the similar announcement made by British American Tobacco Ukraine.
“After yesterday’s fruitful meeting with the President of Ukraine, we decided to fully resume production of cigarettes at the Kremenchuk factory. From Monday, November 11, the JTI Ukraine factory will resume production at all lines,” Director Corporate Affairs at JT International Ukraine Gintautas Dirgela told Interfax-Ukraine on Friday.
As reported, British American Tobacco Ukraine after a meeting with Zelensky and ministers on November 7 has announced the resumption of production at the B.A.T.-Pryluky plant (Chernihiv region), starting from November 8, 2019.
“We heard words of support and assurances about an early solution to the problem that has damaged our industry and the country’s economy as a whole. Therefore, despite some uncertainty about the fate of bill No. 1049, but relying on the president’s guarantees, we plan to gradually restore production in Pryluky, starting as early as November 8, 2019,” the company said in the statement.
British American Tobacco Ukraine on October 11, 2019 stopped production at B.A.T.-Pryluky plant. The company explained its decision by the adoption by the Verkhovna Rada of bill No. 1049 with the norm on the state regulation of the trade margin on cigarettes. Then the company turned to the State Fiscal Service to withdraw 25 million excise stamps and return UAH 505 million paid for them.
JTI Ukraine, one of the largest tobacco companies in Ukraine, on October 22 said that it refused to pay for 16 million excise labels worth UAH 350 million in connection with the reduction of production over the adoption of bill No. 1049 containing a requirement of regulating the cigarette markup. The company cut production by 73% compared with its plans in the second half of October.
Earlier Philip Morris Ukraine, British American Tobacco, JTI and Imperial Tobacco in Ukraine are mulling the possibility of decreasing production and later closing the tobacco factories on the territory of Ukraine over the adoption of the legislative requirement on the government regulation of markup on their goods by the Verkhovna Rada.
Bill No. 1049, passed at second reading, introducing a single account for paying taxes and duties, the single social security contribution, sets a fixed markup for wholesale and retail traders of tobacco products at 7% and 13% of the maximum retail price per package.
