Business news from Ukraine

Business news from Ukraine

FIVE STATES CONTROL OVER 50% OF ALL IMPORTS TO UKRAINE IN JAN-MAY, 2018

5 countries control over half of all goods imports to Ukraine. Foreign trade operations were conducted with partners from 210 countries, but Russia, China, Germany, Poland, Belarus are in top-5 among other exporters of goods to Ukraine.
According to the statistical data, Russia is the first exporter of its good to Ukraine with 14,8% of all trade volume, the second is China (12,1%). The USA is the 6-th exporter to Ukraine, the UK is on the 13-th place.
The deficit of Ukraine’s foreign trade in goods in January-May 2018 increased by 1.4 times compared with January-May 2017 and amounted to $2.055 billion, the State Statistics Service has said. According to its data, in May the deficit was $632 million, while in April some $221.6 million, in March $460 million, in February $457 million, and in January $284.1 million. In January-May 2018 exports of goods compared to January-May 2017 increased by 12.9%, amounting to $19.460 billion, imports by 15.3%, to $21.515 billion.
In May 2018 compared to the previous month, the seasonally adjusted export volumes decreased by 5.8%, imports by 13.4%. The seasonally adjusted foreign trade balance in May 2018 was negative and amounted to $946.5 million, negative indicators were also fixed in April 2018 at $570.8 million, in March at $508.2 million, in February at $411.8 million, and January at $580.5 million.
The ratio of coverage of imports by exports was 0.9.
Foreign trade operations were conducted with partners from 210 countries, a share of top-20 importers to Ukraine is more than 75% of a total volume.

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UKRAINE’S FOREIGN TRADE (EXPORT OF GOODS) IN JAN-MAY, 2018

Foreign trade operations were conducted with partners from 210 countries. The ratio of coverage of imports by exports in Ukraine was 0.9.
The deficit of Ukraine’s foreign trade in goods in January-May 2018 increased by 1.4 times compared with January-May 2017 and amounted to $2.055 billion, the State Statistics Service has said.
Russia is still on the first place among main export markets for Ukrainian goods (7,8% of all trade volume), 4 years ago a share of Russia was more than a quarter of all Ukrainian export..
The second goes Poland (7,0%), the third one is Turkey (6,2%).
Also in top-ten export destinations are Italy, India, China, Germany, Egypt, Hungary, the Netherlands. The USA is the 13-th export market of Ukraine, the UK and France are not presented even in top-20 of the main markets for Ukrainian goods.

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MAIN BUYERS OF UKRAINIAN FRUIT AND BERRY – POLAND, FRANCE, TURKEY, BELARUS, GERMANY, EXPORT EQUALS TO $100 MLN IN H1

Ukraine in the first half of 2018 exported fruit and berries worth $100 million, which is 59% more than in the same period of 2017. According to the Ukrsadprom association, the main products in the structure of exports remain walnuts worth $64 million, frozen berries for $23 million, apples and pears for $8 million. “Compared with last year, the volume of walnut exports increased from 12,000 to 19,000 tonnes, apples and pears from 6,000 to 24,000 tonnes, while the deliveries of frozen berries decreased slightly from 17,000 to 14,000 tonnes,” the report says.
The main buyers of Ukrainian gardening products, according to the association, are the countries of the European Union, which account for more than 60% of the value of exports.
“In the six months, the largest fruit supplies in monetary terms from Ukraine were made to Poland for $11.2 million, France for $9.9 million, Turkey for $9.3 million, Belarus for $8 million, Germany for $5.1 million, Greece for $5 million and the Netherlands for $4.7 million,” the report says.
As noted, Ukrainian apples are mostly delivered to Belarus (46% of the value of supplies), Moldova (21%), and Sweden (10%).

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UKRAINE EXPORTS 891,000 TONNES OF GRAIN

Ukraine since the beginning of the 2018/2019 marketing year (MY, July-June) and as of July 18 had exported 891,000 tonnes of grain.
According to the Ministry of Agrarian Policy and Food, to date the country exported about 278,000 tonnes of wheat, 269,000 tonnes of barley, and 344,000 tonnes of corn.
In addition, 1,900 tonnes of flour had been exported on that date.
As reported with reference to the ministry, according to preliminary data, Ukraine in the 2017/2018 MY (July-June) exported 39.4 million tonnes of grain.

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UKRAINIAN AGRICULTURAL EXPORT TO EU AMOUNTS $2.3 BLN IN FIVE MONTHS

Exports of Ukrainian agrarian products to European countries in January-May 2018 increased by $13 million, or 0.6%, to $2.3 billion compared to the five months of last year, the Ministry of Agrarian Policy and Food reported on its website. “In the five months of 2018, we see the increase in our agricultural exports to the EU by almost $13 million compared to the same period in 2017. The largest share in the structure of agricultural exports to the EU was that of grains, which were exported for almost $862 million, sunflower oil worth $465.8 million, residues and waste products of the food industry for $220 million, oilseeds worth $211.5 million, poultry for $100.5 million,” the press service said citing Deputy Minister of Agrarian Policy and Food for European Integration Olha Trofimtseva.
According to her, exports of Ukrainian processed and niche agricultural products to EU markets also rose. In particular, juice exports for the period grew by $11 million, or 2 times, confectionery products from sugar by $8.3 million, or 89.4%, chocolate and other cocoa products by $6.5 million, or 66.2%, legumes by $6.5 million, or 2.4 times, eggs without shell and egg yolks by $6.1 million, or 20 times.
According to the ministry, the main importers of Ukrainian agrarian products were the Netherlands with a share of exports of 15.9%, Spain with 14.1%, Italy with 14%, Poland with 14%, Germany with 9.3%, and France with 6.8%.

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