Business news from Ukraine

Business news from Ukraine

MAIN TRADE PARTNERS OF UKRAINE IN % FROM TOTAL VOLUME (EXPORT FROM UKRAINE TO OTHER COUNTRIES) IN 2020

Main trade partners of Ukraine in % from total volume (export from Ukraine to other countries) in 2020.

SSC of Ukraine

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STRUCTURE OF EXPORT OF SERVICES FOR 9 MONTHS OF 2020 (GRAPHICALLY)

Structure of export of services for 9 months of 2020 (graphically).

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UKRAINE AGREES EXPORT OF MILK WITH JAPAN

The State Service of Ukraine for Food Safety and Consumer Protection of Ukraine and the authorized body of Japan have agreed on the form of the veterinary certificate for exporting raw milk and dairy products to Japan, the service said on its website on Tuesday.
“We continue work towards expanding cooperation with international partners. This is very good news for Ukrainian producers interested in the export of raw milk and dairy products: the market of one of the largest strategic partners for Ukrainian food exports – Japan – has been opened,” the head of the authority, Vladyslava Mahaletska, said.
The State Food and Consumer Service said that the website has the example of a veterinary certificate for export to Japan.

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IN FEB UKRAINE INCREASES IMPORT TO $4.87 BLN AND EXPORT TO $4.55 BLN

The deficit of Ukraine’s foreign trade in goods in February 2021 fell by 47.5%, to $0.32 billion, while the deficit of foreign trade in January-February 2021 slightly grew – by 5.9%, to $0.6 billion
According to the State Customs Service, imports in the first two months of this year showed an increase over the same period last year by 4.5% and amounted to $9.09 billion, and exports – by 4.4%, to $8.49 billion.
At the same time, in February, imports rose to $4.87 billion, which is 6.5% higher than the same period last year and 15.4% higher than in January.
As for exports, last month it also showed an increase of 14.8% compared to February 2020 and 15.8% compared to January, reaching $4.55 billion.
In general, the trade turnover in January-February this year totaled $17.57 billion, which is 4.44% higher compared to the same period last year.
As Deputy Minister of Development of Economy, Trade and Agriculture, Trade Representative of Ukraine Taras Kachka said, in February Ukraine increased the export of confectionery products by $50 million, or 15% compared to February 2020.
“The largest export markets [for confectionery products] were Romania, Poland, Belarus and Azerbaijan,” he wrote on Facebook on Tuesday.
Kachka also pointed to an increase in the export of industrial goods to $398 million in February, which is 9.6% more than the same period last year and 21.6% more than in January. The trade representative said that $294 million of export of these goods falls on the EU (Hungary, Germany, Poland).
“Metallurgy began to feel better. Exports of ferrous metals (group 72) in February amounted to $764 million (a rise of 12%),” the trade representative said.
Exports of metal products last month showed an increase of 22% versus February 2020, to $77.2 million. The largest supply markets for them were Poland, Romania, Germany, the trade representative said.
He also noted an increase in the export of sunflower oil in February by 12% versus February last year and by 14% versus January, to $587 million. “India and the Netherlands are increasing supplies, China is cutting back a little,” he said.
“Meal (group 2) grew by 25.7% and amounted to $169 million. France and China began to buy more,” Kachka wrote.
As indicated by the State Customs Service, the largest trading partners in February were China (negative balance of $1.8 billion), Russia ($1.1 billion), Germany ($1.3 billion).
At the same time, the trade representative said that exports to the EU in February increased compared to last year by almost 28%, to $1.97 billion, and to Asia – by 17.4%, reaching $1.48 billion. At the same time, exports to the CIS countries decreased in February 12.3% compared to February 2020, to $461 million.
“We should note the revival with Britain – in the first two months of this year we exported products worth $145.2 million, which is 35% more compared to January-February 2020,” Kachka wrote.
According to customs statistics, in February this year, trade between Ukraine and the U.K. amounted to $503 million: exports were $209.5 million, and imports were $294 million.

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JAPAN POST STARTS EXPORT SHIPMENTS TO UKRAINE

JSC Ukrposhta announced the resumption of export shipments to Ukraine by Japan Post from February 26.
“Ukrposhta will deliver from Japan Express Mail Service [EMS] items ordered by Ukrainians and those that are delivered by plane,” the Ukrainian postal operator said on Friday.
The company recalled that until February 7, Japan Post had restrictions in its work and, accordingly, the shipment of postal items to other countries was limited.
At the same time, Ukrposhta notes that the export of Ukrainian goods to Japan did not stop even during the pandemic.
“In January, 95% of EMS items were delivered to the Japanese post offices within seven days, and 5% within two weeks,” the Ukrainian postal operator said.
Since the beginning of the quarantine, Ukrposhta has ensured the delivery of EMS items to 57 countries, now items are delivered to 120 countries, and after the stabilization of air traffic and the restoration of full-fledged work of national post offices, the service will be available for delivery to 195 countries.

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UKRAINE BOOSTS EXPORT OF METAL STRUCTURES BY HALF IN 2020

By the end of 2020, Ukrainian manufacturers of metal structures increased production by 6.5% compared to 2019, to 147,000 tonnes, according to a report of the Ukrainian Steel Construction Center (USCC).

“Key manufacturers of metal structures have increased production, and the number of metal imports to Ukraine has also increased. The influence of the commercial sector – nonresidential construction has decreased, but at the same time we note a significant increase in infrastructure construction. For example, in Poland, 50% of orders are exactly infrastructure, and we are going exactly in this direction,” Executive Director of the USCC Viacheslav Kolesnik said at the IX National Conference of Steel Construction Market Participants held in Kyiv on Tuesday.

According to him, quarantine restrictions did not significantly affect the results of the enterprises. Consumption of metal structures increased due to state-funded programs and projects Big Construction, Roads to Borders, Travel around Ukraine, Small Carpathian Ring, the program of restoration of bridges, etc.

“Shipments in the segment of road safety fence have significantly increased. More than 16,000 tonnes of metal were shipped to the Zaporizhia Bridge alone,” Kolesnik said.

At the same time, Ukraine follows the European trend of increasing the specific share of large manufacturers of metal structures – in 2020, the share of enterprises that produced more than 5,000 tonnes of products grew by 5% and amounted to 48% of the total.

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