Business news from Ukraine

Business news from Ukraine

UKRAINE SEES 47% RISE IN CRUDE OIL IMPORTS IN JAN-APR, IMPORTS IS USD156 MLN

Ukraine increased imports of crude oil (foreign trade code 2709) by 47.4% or 95,986 tonnes in January-April 2018 year-over-year, to 298,340 tonnes. The State Fiscal Service reported that oil for $156.302 million was imported, which is 68.8% more than in January-April 2017 ($92.615 million).
Ukraine in January-April 2018 imported crude oil for $146.022 million from Azerbaijan, $7.176 million from Algeria, $1.844 million from Iran and $1.259 million from other countries.
The country did not export crude oil in January-April.
As reported, Ukraine in 2011 imported 5.826 million tonnes of oil for $4.384 billion, in 2012 – 1.544 million tonnes for $1.233 billion, in 2013 – 761,058 tonnes for $630.282 million, in 2014 – 178,613 tonnes for $146.533 million, in 2015 – 248,158 tonnes for $89.039 million, in 2016 – 515,954 tonnes for $173.835 million, in 2017 – 1.013 million tonnes of oil for $442.219 million.

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