Business news from Ukraine

UKRAINE TO SET MAXIMUM EXPORT VOLUMES FOR WHEAT IN 2021/2022 MARKETING YEAR AT 25.3 MLN TONNES

Participants in the grain market and the Ministry of Agrarian Policy and Food of Ukraine have set the maximum export volumes for wheat in the current 2021/2022 marketing year (MY) at 25.3 million tonnes, compared to 17.5 million tonnes in the previous marketing year. According to the ministry’s website, the corresponding addition to the memorandum of understanding for 2021/2022 was signed on October 19.
The ministry recalled that it is organizing the signing of such memorandums on its platform, starting in 2011, to ensure food security, in order to avoid the use of export restrictions, to ensure a predictable grain export regime and to stabilize the grain market in Ukraine.
“The practice of signing memorandums is successful in terms of compliance by the signatories with the conditions on the possibility of exporting grain volumes,” the department noted.
At the same time, this year the heads of the Ukrainian Millers union, the Ukrainian Bakers’ Association and Ukrkhlibprom withdrew their signatures to the memorandum, considering the export ceiling without dividing wheat into food and fodder as highly inflated.

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UKRAINE INCREASES EXPORT OF COKE BY 6 TIMES

Ukraine in January-September of this year increased exports of coke and semi-coke in quantity terms by 6.3 times compared to the same period last year, to 184,827 tonnes.
According to statistics released by the State Customs Service, in monetary terms, exports of coke and semi-coke increased 13.1 times over this period, to $39.587 million.
At the same time, the products were mainly exported to Kazakhstan (30.68% of supplies in monetary terms), Turkey (17.45%) and Algeria (16.67%).
Over nine months, Ukraine imported 479,897 tonnes of coke and semi-coke, which is 76.2% more compared to January-September 2020. In monetary terms, imports increased 3.2 times, to $185.362 million.
The products were mainly imported from Russia (62.86% of supplies in monetary terms), the Czech Republic (18.72%) and Poland (12.28%).

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MAIN TRADE PARTNERS OF UKRAINE IN % FROM TOTAL VOLUME (EXPORT FROM UKRAINE TO OTHER COUNTRIES) JAN-JUNE 2021

Main trade partners of Ukraine in % from total volume (export from Ukraine to other countries) Jan-June 2021

SSC of Ukraine

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UKRAINE EXPORTS 12.7 MLN TONNES OF GRAIN IN 2021/2022 MY

Ukraine since the beginning of the 2021/2022 marketing year (MY, July-June) and as of September 24 had exported 12.76 million tonnes of grain and leguminous crops, which is 12.7% more than the indicators for the same date of the previous MY.
According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, 7.74 million tonnes of wheat (2% less compared to the same date in the 2020/2021MY), 3.43 million tonnes of barley (23.97% more), 1.39 million tonnes of corn (2.1 times more), and 33,200 tonnes of flour (29.9% less) have been exported.
As of the indicated date, 28,700 tonnes of rye were also exported, which is 16.9 times more than the indicators of the last MY.
As reported, Ukraine in the 2020/2021 MY exported 44.72 million tonnes of grain and leguminous crops, including 16.64 million tonnes of wheat, 23.08 million tonnes of corn, 4.23 million tonnes of barley. Also, 126,900 tonnes of flour and 18,400 tonnes of rye were supplied to foreign markets.
In addition, Ukraine in the 2019/2020 MY exported 56.72 million tonnes of grain and leguminous crops.

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STRUCTURE OF EXPORT OF SERVICES IN JAN-JUNE 2021 (GRAPHICALLY)

Structure of export of services in Jan-june 2021 (graphically)

SSC of Ukraine

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UKRAINE INCREASES CAST IRON EXPORT

Ukraine in January-August this year increased exports of cast iron in quantity terms by 6% compared to the same period last year, to 2.173 million tonnes.
According to statistics released by the State Customs Service on Wednesday, during the specified period, exports of cast iron in monetary terms increased by 93.7%, to $1.127 billion.
At the same time, the products were mainly exported to the United States (57.07% of supplies in monetary terms), Italy (20.38%) and Turkey (10.89%).
Over eight months of 2021, Ukraine imported 149 tonnes of cast iron for $163,000 from Germany (64.42%), the Russian Federation (28.22%) and Slovakia (7.36%), while in January-August 2020 it imported 412 tonnes for $292,000.

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