Business news from Ukraine

Business news from Ukraine

UKRAINE RAISES CHEESE IMPORT BY 2.2 TIMES

Ukraine exported 4,800 tonnes of cheese in January-October 2020, which is 19.5% less than in the same period in 2019.
According to the State Customs Service, in monetary terms, exports decreased by 15.9% and amounted to $18.47 million.
At the same time, import of cheese in the first 10 months of 2020 increased by 2.2 times, to 38,040 tonnes, in monetary terms by 2.1 times, to $168.62 million.
Exports of Ukrainian butter decreased 41.2%, to 9,360 tonnes, and in monetary terms also 41.2%, to $40.82 million. Import of this product in the reporting period amounted to 9,330 tonnes ($36.94 million) versus 1,990 tonnes ($10.12 million) in January-October 2019.
According to the ministry, export of milk and cream (condensed) in the first 10 months of 2020 decreased 27.1%, to 23,870 tonnes. Ukraine supplied condensed milk and cream for a total of $48.18 million, which is 30.8% less than in January-October last year. Import of this group of goods increased 2.9-fold, to 5,330 tonnes, in monetary terms by three times, to $12.06 million.

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