Business news from Ukraine

Business news from Ukraine

UKRAINE INCREASES EXPORT OF SCRAP BY 20 TIMES

In January-July of this year, enterprises engaged in operations with ferrous scrap increased the procurement of scrap metal by 43.1% compared to the same period last year, to 2.35 million tonnes.
As reported in the operational information of the Ukrainian Association of Secondary Metals (UAVtormet), the export of scrap metal for the specified reporting period amounted to 334,600 tonnes, which is 19.5 times more compared to the same period in 2020 (17,200 tonnes).
At the same time, the import of scrap in January-July amounted to 14,800 tonnes, which is 39.1% higher than in January-July-2020 (10,600 tonnes).
In January-July 2021, the supply of scrap to the country’s metallurgical enterprises increased by 23.1% compared to the same period last year, to 1.904 million tonnes. The level of stocks of scrap metal at metallurgical enterprises as of August 1, 2021 was estimated at 100,000-110,000 tonnes.

,

GRAIN CORPORATION TO EXPORT 1 MLN TONNES OF GRAIN TO CHINA

Representatives of the State Food and Grain Corporation of Ukraine, the China National Complete Engineering Corporation (CCEC) and the Ministry of Economy of Ukraine during a meeting on August 9 reached an agreement on the export of one million tonnes of grain to China by the end of this year, the state corporation wrote on Facebook.
“We plan to carry out purchases at our own elevators and use our own logistics and port facilities in order to make our partners the most profitable price offer,” the company quotes the acting chairman of the board of the State Food and Grain Corporation of Ukraine, Andriy Vlasenko.
The corporation also cites data from CCEC President Yang Jing, who noted that the Chinese side is interested in developing cooperation, strives to fulfill the conditions of the existing contract for the 2021/2022 marketing year (MG, July-June) and is waiting for proposals from the Ukrainian side.
In turn, the Ministry of Economy proposed to hold weekly negotiations on the supply of grain between the Grain Corporation and CCEC.
As reported, in June 2021, the Grain Corporation discussed with CCEC representatives a possible delivery in the 2021/2022 MY of 2 million tonnes of early grain and 3 million tonnes of corn. The corporation clarified that it has completed a complex of preparatory work at the port facilities in Odesa and Mykolaiv, and also, at the request of the Chinese side, reached agreements with partners on the possibility of transshipment of an additional one million tonnes of grain at Chornomorsk seaport (Odesa region).

, , ,

EXPORT OF UKRAINIAN ICE CREAM GROWS 1.5-FOLD IN 5 YEARS

The export of Ukrainian ice cream for the period 2016-2020 increased by one and a half times, to 6,740 tonnes, while in January-April 2021 this figure increased 20% compared to January-April 2020, to 2,300 tonnes, the State Service for Food Safety and Consumer Protection of Ukraine said in a press release on Friday.
“The growth of exports testifies to the high quality of Ukrainian products, which are valued both in Ukraine and abroad. It is pleasant that almost half of Ukrainian ice cream exports go to the EU countries, with which trade is intensifying in many trade positions,” Head of the authority Vladyslava Mahaletska said.
According to the authority, in the first six months of 2021 Ukraine exported 1,080 tonnes of ice cream, of which 46.8% went to the EU countries. In total, Ukraine supplies this product to more than 50 countries of the world, mainly to Moldova, China, and Israel.

,

MAIN TRADE PARTNERS OF UKRAINE IN % FROM TOTAL VOLUME (EXPORT FROM UKRAINE TO OTHER COUNTRIES) JAN- APRIL 2021

MAIN TRADE PARTNERS OF UKRAINE IN % FROM TOTAL VOLUME (EXPORT FROM UKRAINE TO OTHER COUNTRIES) JAN- APRIL 2021

, ,

FOREIGN TRADE TURNOVER BY THE MOST IMPORTANT POSITIONS IN JAN-APRIL 2021 (EXPORT)

FOREIGN TRADE TURNOVER BY THE MOST IMPORTANT POSITIONS IN JAN-APRIL 2021 (EXPORT)

, ,