Business news from Ukraine

Business news from Ukraine

UKRAINE INCREASES IMPORT OF CHEESES TO $47.79 MLN

Ukraine in January-July 2019 exported 3,670 tonnes of cheese, which was 19.4% less that in January-July 2018. According to customs statistics released by Ukraine’s State Fiscal Service (SFS), cheese exports in monetary terms amounted to $13.08 million, which was 23% lower than the figure for the first seven months of 2018.
At the same time, imports of cheese in January-July 2019 totaled 10,380 tonnes, which was 1.6 times more than in January-July last year. The imports in monetary terms increased 46.2%, to $47.79 million.
Exports of Ukrainian creamery butter in January-July 2019 decreased 32.9%, to 12,890 tonnes. The exports in monetary terms decreased 35.3%, to $53 million. Imports of creamery butter, according to the SFS, decreased by 7.2%, to 591 tonnes ($3.7 million).
In January-July 2019, exports of condensed milk and cream grew by 19.1%, to 26,640 tonnes. Ukraine supplied condensed milk and cream to the tune of $56.64 million, which was 1.5 times more than in January-July 2018. Their imports decreased 9.5%, to 1,100 tonnes ($2.37 million).
As reported, Ukraine in 2018 imported 13,720 tonnes of cheese (37.1% up from 2017) and exported 8,340 tonnes of cheese (7.8% down from 2017). Last year, exports of butter remained at the level of 2017, imports increased slightly, to 1,100 tonnes. Exports of condensed milk and cream totaled 35,550 tonnes (24.1% down from 2017), imports were 2,360 tonnes (38.6% up from 2017).

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UKRAINE BOOSTS PIPE EXPORT TO $430 MLN IN JAN-JULY 2019

Ukraine in January-July 2019 increased steel pipe exports by 4% compared to the same period in 2018, to 397,400 tonnes from 382,500, up to $430.8 million, according to a report of the state-owned enterprise Derzhzovnishinform.
Export of seamless pipes in in physical term grew by 7.3%, up to 289,600 tonnes (by 4% in monetary terms, to $364.3 million), export of big-diameter pipes was 2.9 times up, to 11,400 tonnes (by 2.3 times to $8.2 million), meanwhile exports of welded pipes dropped by 11.1%, to 96,600 tonnes (by 18.9% in monetary terms up to $58.3 million).
According to the results of the seven months ending July 2019, the volume of export of rolled stock increased by 4.5%, to 5.704 tonnes. However, exports of rolled stock in monetary term decreased by 6.5%, to $2.676 billion. In particular, the export of flat stock saw 6.9% rise, up to 3.191 million (3.6% down in monetary terms to $1.631 billion), the export of bolt stock saw 0.3% rise, by 1.71 million (11.6% down in monetary terms up to $934.2 million), flat stock saw 4.4% rise, to 169,600 tonnes (3.1% down in monetary terms, to $111.66 million).

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TRADE PARTNERS OF UKRAINE IN % FROM TOTAL VOLUME (EXPORT FROM UKRAINE) IN JAN-MAY 2019

Trade partners of ukraine in % from total volume (export from ukraine) in jan-may 2019

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UKRAINE GETS PERMISSION TO EXPORT DAIRY PRODUCTS TO JAPAN

Ukraine has been included in the list of countries from which exports of milk and dairy products (including butter and cheese) to Japan are allowed.
The relevant information is posted on the website of the State Service of Ukraine on Food Safety and Consumers’ Rights Protection.
In addition, requirements for exports of milk and/or dairy products to Japan are available on the website of the agency.
As reported, at the end of June 2019, the State Service of Ukraine on Food Safety and Consumers’ Rights Protection and the competent authority of Saudi Arabia agreed on the form of an international veterinary certificate for exports of milk and dairy products to the Kingdom of Saudi Arabia.

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U.S. DEPARTMENT OF AGRICULTURE REVIEWS FORECAST FOR EXPORT OF UKRAINIAN WHEAT TO 19 MLN TONNES

The U.S. Department of Agriculture (USDA) has reviewed downwards the forecast for export of Ukrainian wheat in 2019/20 agricultural year (July-June) by 0.5 million tonnes, to 19 million tonnes, and harvest – by 1 million tonnes, to 29 million tonnes, according to a July report of the USDA posted on its website. According to the report, compared with the June report, the forecast for the export of barley in 2019/20 agri-year was also lowered to 4.2 million tonnes (by 0.3 million tonnes) due to the deterioration of the forecast for the production of this crop to 8.5 million tonnes (by 0.5 million tons).
At the same time, the forecast for the export of corn has been increased to 28 million tonnes (by 1 million tonnes) with improving the forecast of the corn harvest to 34 million tonnes (by 1 million tonnes).
Thus, in general, the grain harvest forecast for 2019/20 agri-year in Ukraine has been reduced to 72.55 million tonnes (by 0.5 million tonnes compared with the June forecast), exports increased to 51.39 million tonnes (by 0.2 million tonnes).
As reported, Ukraine’s Agricultural Policy and Food Ministry predicts an increase in the yield of grain in 2019 to 70.8 million tonnes with a gross harvest of grain in the 2018/19 agricultural year at the level of 70.1 million tonnes.

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COMMODITY PATTERN OF FOREIGN TRADE OF UKRAINE (EXPORT), JAN–APR, 2019

Commodity pattern of foreign trade of ukraine (export), jan–apr, 2019

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