The ninth package of EU sanctions against Russia adopted on Friday allows Bulgaria, Hungary and Slovakia, which received a reprieve from the European Union’s oil embargo on Russian oil, to export oil products produced from it to Ukraine.
The EU Council resolution published in the EU Official Journal on December 16 says the decision “allows Hungary, Slovakia and Bulgaria to export to Ukraine certain refined products derived from Russian crude oil imported on the basis of the considered derogations (from the embargo – IF), including, if necessary, by transit through other member states.”
Another paragraph of the ruling allows Bulgaria to “export to third countries certain petroleum products derived from Russian crude oil imported on the basis of the derogations under consideration.
The publication attributes this to the need to “reduce environmental and safety risks, as such products cannot be safely stored in Bulgaria.
The document specifies that the respective annual exports should not exceed the average annual volume of exports of such products for the last five years.
Metallurgical enterprises of Ukraine in January-November this year, revenues from exports of ferrous metals decreased by 65.4% compared to the same period last year – up to $4 billion 359.303 million.
According to statistics released by the State Customs Service (SCS), during this period, ferrous metals accounted for 10.7% of total revenues from the export of goods against 20.6% in January-November 2021.
In November, revenues from exports of ferrous metals amounted to $205.647 million, while in October – $189.836 million.
At this, Ukraine reduced imports of similar products by 38.5% to $865.047 million in January-November this year, while in November it was imported by $95.612 million.
In addition, during this period, Ukraine reduced exports of metal products by 15.6% – to $983.533 million. In November, they were delivered to $79.050 million.
Imports of metal products in January-November decreased by 41.4% – to $ 591.598 million (in November – $58.052 million).
As reported, Ukraine in 2021 increased foreign exchange earnings from the export of ferrous metals by 81.4% compared to 2020 – up to $ 13 billion 951.117 million. Ferrous metals accounted for 20.5% of total revenues from the export of goods during this period against 15.63% in 2020.
At the same time, Ukraine has increased imports of similar products in 2021 by 48.8% – to $ 1 billion 547.477 million.
In addition, Ukraine has increased exports of metal products in 2021 by 43% – to $ 1 billion 293.199 million.
Imports of metal products last year increased by 28% to $1 billion 125.908 million.
A dry cargo ship with more than 32,000 tons of corn left the Ukrainian port on Friday, the Joint Coordination Center (JCC) reported.
“On December 16, the vessel Almeray left the port of Odessa, it is carrying a total of 32.4 thousand tons of corn to Libya as part of the Black Sea grain initiative,” the report said.
There are two dry-cargo ships headed for Ukrainian ports, which on December 16 passed through the maritime humanitarian corridor.
“As of December 16, the total tonnage of grain and other agricultural products exported from the three Ukrainian ports is 14,023,297 tons. A total of 1,112 vessels were allowed to move so far: 556 to arrive at Ukrainian ports and 556 to leave them,” summarized the JCC.
It is noted that from December 1 to 15, more than 1.6 million tons of Ukrainian food products were shipped to other countries.
As many as 13 million tons were shipped on December 5, 12 million tons on November 26, 11 million tons on November 16, 10 million tons on November 3, 9 million tons on October 28, 8 million tons on October 21, 7 million tons on October 12, 6 million tons on October 5 and 5 million tons on September 28.
Foreign trade turnover by most important positions in Jan-Aug 2022 (export)
SSC of Ukraine
Since the beginning of a full-scale Russian invasion Ukraine has supplied to foreign markets 32.2 million tons of grain, pulses, oilseeds and their products, according to the website of the Ministry of Agrarian Policy and Food of Ukraine.
At the same time in November 2022 5.9 million tons of agricultural products were shipped from the country, which is 1 million tons less than in the first October and September. By crops, 1.6 million tons of wheat (20% less than in October) and 2 million tons of corn (13% less) were shipped from Ukraine during a month.
In turn, exports of sunflower oil in November compared to the previous month increased by 8%, to 466 thousand tons, sunflower seed – by 27%, to 377 thousand tons, soybean – by 67%, to 385 thousand tons, while shipments of rapeseed decreased by almost half, to 412 thousand tons, meal of all kinds – by 25%, to 344 tons, soybean oil – by 36%, to 16 tons.
According to the Ministry of Agrarian Policy, 34.3% of foreign shipments of agricultural products in November were corn, 26.8% – corn, 7.9% – sunflower oil, 7.0% – rape, 6.5% – soybeans, 6.4% – sunflower seeds, 5.8% – meal, 5.0% – barley, 0.3% – soybean oil.
In addition, in the first nine months of the war from Ukraine exported 12.3 million tons of corn (38.2% of the total), 7.0 million tons of wheat (21.8%); 2.8 million tons of rape (8.6%); 2.8 million tons of sunflower oil (8.6%); 2.4 million tons of sunflower seed (7.4%); 1.9 million tons of meal (5.8%); 1.5 million tons of barley (4.7%); 1.3 million tons of soybeans (4.2%) and 168 tys. tons of soybean oil (0.5%).
As reported, in October and September, Ukraine exported 6.9 million tons of agricultural products, in August – 4.6 million tons, in July – 3.0 million tons, in June – 2.7 million tons, in May – 1.74 million tons, in April – 0.96 million tons and in March – 0.33 million tons.
Before Russia’s full-scale military invasion, Ukraine exported an average of 5-6 million tons of agricultural products per month, mostly through its maritime infrastructure in the Black Sea.
Ukraine since the beginning of 2022/2023 marketing year (July-June) and until December 2, exported 18.08 million tons of cereals, including 9.66 million tons of corn (53.4% of total supplies), 6.87 million tons of wheat (38%) and 1.48 million tons of barley (8.1%).
As reported on the website of the Ministry of Agrarian Policy and Food on Friday, the rate of grain exports since the beginning of this MY is 29.84% lower than the same period last MY (from July 1, 2020 to December 2, 2021, 25.77 million tons were delivered abroad), the lag was the lowest since the beginning of MY. For comparison, the previous maximum rate of exports was reached on November 14, when the lag from last year’s values was the lowest in the last few months at 30.6%.
According to the Ministry, from the beginning of 2022/2023 MY to December 2, 2022, Ukraine exported 6.87 million tons of wheat (2.12 times less compared to the same period last year), 1.48 million tons of barley (3.35 times less), 12 thousand tons of rye (6.9 times less). At the same time, exports of corn exceeded last year’s volume: 9.66 million tons were exported, which is 1.62 times more than on the same date of 2021/2022 MY, while export of flour amounted to 53.2 thousand tons (+2.1%).
It is specified that on the first day of December Ukraine exported 0.2 million tons of grain crops, including 97 thousand tons of wheat, 89 thousand tons of corn, 13 thousand tons of barley, 0.1 tons of rye and 1 thousand tons of flour.
As the Ministry data show, during the last reporting period November 28 – December 2, an average of 222.5 thousand tons of cereals per day were supplied to the foreign markets, whereas during the preceding period November 18-28 – 124 thousand tons per day, November 14-18 – 212.5 thousand tons per day, November 7-14 – 118.6 thousand tons per day and November 2-7 – 178 thousand tons per day. Thus, the average daily rate of exports during the reporting period of November 18-28 has increased by 1.8 times compared to the previous period of November 18-28.
As reported, Ukraine exported 48.51 million tons of grains and leguminous crops in 2021/2022 MY, which is 8.4% higher than in the previous MY, despite the full-scale invasion of Russia and the difficulties with the export of agricultural products due to the blockade of Ukrainian seaports. 18.74 million tons of wheat (12.6% more than in 2020/2021MY), 23.54 million tons of corn (+1.9%), 5.75 million tons of barley (+35.9%), 70.9 thousand tons of flour (-44.1%) were supplied to foreign markets.
In 2020/2021 MY, the country exported 44.72 million tons of cereals and legumes: 16.64 million tons of wheat, 23.08 million tons of corn, 4.23 million tons of barley, 126.9 thousand tons of flour and 18.4 thousand tons of rye.
In 2019/2020, Ukraine exported 56.72 million tons of grain and leguminous crops.
