Business news from Ukraine

Business news from Ukraine

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

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

SSC of Ukraine

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FOREIGN TRADE TURNOVER BY THE MOST IMPORTANT POSITIONS IN JAN-NOV 2020 (EXPORT)

Foreign trade turnover by the most important positions in Jan-Nov 2020 (export).

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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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EXPORT OF CHEESE FROM UKRAINE GROWS BY 24% IN JANUARY

Exports of cheese from Ukraine in January 2021 in kind increased 24.2% compared to January 2020, to 410 tonnes.
According to the State Customs Service, the export of cheese in monetary terms amounted to $1.43 million last month, which is 19.1% more than in January 2020.
At the same time, the volume of cheese imports to Ukraine in January did not change, remaining at the level of 2,800 tonnes, and in monetary terms increased by 8.3%, to $13.38 million.
Exports of Ukrainian butter in January 2021 decreased 7.9% compared to January 2020, to 684 tonnes, and in monetary terms it fell by 15%, to $2.96 million. Imports of these products decreased 42%, to 585 tonnes ($2.74 million).
According to the ministry, the export of milk and cream (condensed) in January 2021 increased 18.4% compared to January 2020, to 1,930 tonnes, and in monetary terms it grew by 12% to $4.14 million, while imports of this group of goods doubled, to 470 tonnes ($1.14 million).

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UKRAINE CUTS ELECTRICITY EXPORT BY 92,6% IN JANUARY

Ukraine in January 2021 reduced electricity exports by 92.6% (by 645.3 million kWh) compared to the same period in 2020, to 51.9 million kWh, according to the data of NPC Ukrenergo. According to the calculations of Interfax-Ukraine, in particular, supplies from the Burshtyn TPP energy island in the direction of Hungary, Slovakia and Romania fell by 89.7% (by 448.9 million kWh), to 51.9 million kWh.
Electricity was not supplied to Poland and Moldova last month, while in January last year, 151.2 million kWh and 45.2 million kWh were exported in these directions, respectively.
Ukrainian electricity also was not exported to Belarus and the Russian Federation in January 2021 and 2020.
In addition, in January 2021, Ukraine reduced electricity imports by 52.4% (by 292.4 million kWh) compared to the same period last year, to 268.3 million kWh, including Belarus supplied 180.6 million kWh, Slovakia – 78.3 million kWh, Hungary – 6.9 million kWh, and Romania – 2.5 million kWh.
In addition, as Inter-Transmission Compensation mechanism associated with the parallel operation of the IPS of Ukraine with the power systems of neighboring countries and power supply to dead-end areas, 6.26 million kWh of electricity was imported from the Russian Federation last month and 0.01 million kWh from Belarus.
Emergency supplies from Belarus amounted to 3.13 million kWh, and 0.08 million kWh to Belarus.

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