Business news from Ukraine

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The official exchange rate set for March 15, 2018 was UAH 26.013978per U.S. dollar and that for March 16, 2018 was UAH 26.272654per U.S. dollar.

TRANSPORT COMPANIES OF UKRAINE CUT CARGO HANDLING BY 13.4% IN JANUARY

Transport companies in Ukraine in January 2018 decreased transportation of goods by 13.4% compared to January 2017, to 45.2 million tonnes.
According to the State Statistics Service, freight turnover for this period decreased by 9.3%, to 25.7 billion tonne-kilometers.
According to statistical data, in January 2018 railways transported 21.4 million tonnes of cargo within the country and for exports, which is 5.2% less than in January 2017. Transportation of coal decreased by 30.7%, oil and petroleum products by 26.4%, chemical and mineral fertilizers by 20.5%, coke by 18.3%, grain and flour by 12.5%, ferrous metal by 7.7% and timber by 5.6%. Iron and manganese ore transportation grew by 8.5%, cement – by 12.2%, scrap ferrous metals by 21.3% and construction materials by 47.5%.
In the total volume of cargo transportation by water transport, foreign traffic accounted for 88.3%. Compared to January 2017, the volume of foreign cargo shipments increased by 54.1%.
In January 2018, the volume of cargo transportation through pipelines fell. Thus, gas pumping fell by 24.2%, oil by 15.5%. Transit of oil decreased 21.2%, gas 32%.
Transportation of goods by air in January 2018 grew by 25.1%, to 100,000 tonnes.