Business news from Ukraine

Business news from Ukraine

OVER 14,000 COMPANIES FROM UKRAINE EXPORT THEIR PRODUCTS TO EUROPEAN UNION

Over 14,000 Ukrainian companies annually export their products to the European Union, said Minister of Economy Ihor Petrashko.
“Over 14,000 companies annually export their products to the EU. And as of mid-January, 362 companies producing animal products have the right to export their products to the EU, which is subject to the most stringent requirements from the EU,” the press service of the ministry quoted Petrashko as saying in the release on Friday.
Reforms in technical regulation, public procurement, sanitary and phytosanitary standards, as well as improving the product safety control system, customs, intellectual property protection system will allow to remove barriers to trade and provide more free access to the EU internal market for Ukrainian companies, the minister said.
“Today we see that we are ready to go further in our European aspirations,” Petrashko added.

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

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

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

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

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STRUCTURE OF EXPORT OF SERVICES IN THE FIRST HALF OF 2020 (GRAPHICALLY)

Structure of export of services in the first half of 2020 (graphically).

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STRUCTURE OF EXPORT OF SERVICES FROM UKRAINE IN FIRST HALF OF 2020

Structure of export of services from Ukraine in first half of 2020

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UKRAINE RAISES POULTRY EXPORT BY 5%

Ukraine in January-November 2020 increased export of poultry by 5.1% compared to the same period in 2019, to 394,240 tonnes, the State Customs Service has said.
According to its data, in monetary terms, export of these products decreased by 3.6%, to $512.33 million.
At the same time, import of poultry for the 11 months of this year decreased by 17.4%, to 100,030 tonnes, in monetary terms by 13.1%, to $41.88 million.
Export of pork, according to the State Customs Service, rose by 30.2%, to 2,670 tonnes. These products were delivered for $5.8 million, which is 23.9% more than in January-November 2019. Pork import for the 11 months of 2020 increased by 22.6%, to 26,880 tonnes, in monetary terms by 25.6%, to $52.54 million.
In addition, during the specified period, Ukraine reduced export of eggs by 20.8%, to 102,130 tonnes, in monetary terms by 11.7%, to $92.09 million. Egg imports fell by 1.9 times, to 2,670 tonnes, in money terms by 2 times, to $9.58 million.

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