Business news from Ukraine

Business news from Ukraine

UKRAINE RAISES EXPORT OF COKE BY 6.7 TIMES

Ukraine in January-March this year increased exports of coke and semi-coke in quantity terms by 6.7 times compared to the same period last year, to 48,970 tonnes.
According to statistics released by the State Customs Service, in monetary terms, exports of coke and semi-coke increased by 14.2 times over this period, to $11.880 million.
At the same time, main exports were carried out to Turkey (52.68% of supplies in monetary terms), Bosnia and Herzegovina (12.58%) and Kazakhstan (12.28%).
Ukraine in January-March 2021 imported 84,895 tonnes of coke and semi-coke, which is 2.4 times more compared to January-March 2020. In monetary terms, imports increased by 2.5 times, to $21.141 million.
The products were mainly imported from the Russian Federation (57.24% of deliveries in monetary terms), Poland (24.37%) and the Czech Republic (14.53%).

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UKRAINE INCREASES FURNITURE EXPORT BY 50% IN Q1 2021

Ukrainian furniture manufacturers in January-March of this year increased their furniture exports by 50% compared to the same period in 2019, to $247.4 million, while in the past five years (2015-2020) there was an annual increase of 13.5%, a member of the Ukrainian Association of Furniture Manufacturers (UAFM) Oksana Donska has said. “Due to COVID-19, the global supply chains have changed a lot. Ukrainian furniture is becoming more and more interesting for the international community of professional buyers,” she said at a press conference on the problems of timber market legislation organized by the RivneInvest agency in Kyiv.
According to her, today a transparent timber market is very necessary for Ukrainian furniture manufacturers.
“The furniture and woodworking industries of Ukraine create a product with high added value. Each hryvnia of wood value turns into UAH 30-50 of the cost of furniture supplied both to the domestic market and for export,” she said.
Donska said that today more than 100,000 people work in the furniture industry for more than 9,000 enterprises, and the export of Ukrainian furniture for the past five years has been growing by 13.5% annually. Furniture is exported to 119 countries, including Poland (more than 35% export), Germany (16%), Denmark, Austria, Romania, and France. Poland and Germany use Ukrainian furniture for further sale in the world.
“But compared to the same Poland, which has approximately the same forest resources, we export 20 times less – if Poland in 2020 exported furniture worth $14.8 billion (the third largest exporter in the world), then Ukraine for only $750 million (39th place),” Donska said.
She said that on June 15 through June 17 2021, Ukraine expects about 2,000 guests from 53 countries who will come to visit the Furniture of Ukraine Business Expo (FUBE-2021) organized by the UAFM with the support of the Ministry of Foreign Affairs and the Ministry for Development of Economy, trade and Agriculture.
“However, today the Association receives appeals from our members who complain about serious problems in their work due to the stagnation of the timber market. As a result, furniture makers do not receive furniture components on time, and contracts for the supply of finished furniture with retailers from Ukraine are broken. Ukraine’s reputation is on the line if it fails to implement contracts for the supply of furniture to the countries of Europe, Asia and America. If this situation continues for several more months, then Ukrainian enterprises will have to think not about development, but about survival,” Donska said.

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UKRAINE SINCE START OF MARKETING YEAR EXPORTS 34 MLN TONNES OF GRAIN

Ukraine since the beginning of the 2020/2021 marketing year (MY, July-June) and as of March 26, 2021 had exported 34.45 million tonnes of grains and legumes, which is 22.6% less than on the same date of the previous MY.
According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, 14.16 million tonnes of wheat, 15.64 million tonnes of corn, 4.06 million tonnes of barley have been exported.
As of the indicated date, 96,200 tonnes of flour were also exported.
As reported, the Ministry for Development of Economy, Trade and Agriculture of Ukraine in February predicted a decline in exports of grains and legumes in the 2020/2021 MY by 20.5% compared to the previous MY, to 45.4 million tonnes.
According to the Ministry of Agrarian Policy and Food, Ukraine exported 56.72 million tonnes of grain and leguminous crops in the 2019/2020 MY.

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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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