Business news from Ukraine

UKRAINE IN JAN-JUNE REDUCES REVENUE FROM ELECTRICITY EXPORT BY 40%

Ukraine in January-June 2021 reduced its revenue from electricity exports by 40.9% (by $74.921 million) compared to the same period in 2020, to $108.238 million, according to data from the State Customs Service.
According to the calculations of the Interfax-Ukraine agency, in the six months, electricity was supplied to Hungary for $50.714 million, Poland – for $31.217 million, Romania – for $14.446 million, other countries – for $11.861 million.
In particular, in June 2021, electricity was exported for $30.263 million against $5.96 million in June 2020.
In addition, during this period Ukraine imported electricity for $58.598 million against $109.004 million in the same period last year, in particular from Belarus – for $24.691 million, Slovakia – for $22.25 million, Russia – for $5.186 million, other countries – for $6.471 million.

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UKRAINE EXPORTS 88% OF SUNFLOWER OIL VOLUME SPECIFIED IN MEMORANDUM

Ukraine as of July 1, 2020/2021 marketing year (MY, September-August) exported 4.75 million tonnes of sunflower oil, which is 88.2% of the ceiling volume agreed by the Economy Ministry and Ukroliyaprom association, the association said on the website on Tuesday.
Ukroliyaprom said the highest export volumes of sunflower oil are 5.38 million tonnes in 2020/2021 MY. Thus, in July-August of the current MY, exporters can supply another 630,000 tonnes of this product to foreign markets.

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UKRAINIAN AGRARIAN MINISTRY PREDICTS GRAIN EXPORTS IN 2021/2022 MY AT LEVEL OF 2019/2020 MY

The Ministry of Agrarian Policy and Food expects the recovery of the export volumes of grain and leguminous crops by Ukraine in the 2021/2022 marketing year (MY, July-June) to the indicators of the 2019/2020 MY, the department predicts their exports in the current MY at the level of 56 million tonnes with a harvest of 75.8 million tonnes, the European Business Association (EBA) said on its website.
According to the report, in the 2021/2022 MY, the export of grains and legumes will grow by a quarter compared to preliminary data for 2020/2021 MY, from 44.63 million tonnes to 56 million tonnes.
As reported, with reference to the preliminary data of the Ministry of Agrarian Policy, Ukraine’s exports of grain and leguminous crops in the 2020/2021 MY decreased by 21.3% compared to the 2019/2020 MY, to 44.63 million tonnes. Exports of wheat in the 2020/2021 MY decreased by 18.9% compared to the 2019/2020 MY, to 16.44 million tonnes, corn – by 23.9%, to 23.06 million tonnes, barley – by 17.1%, to 4.21 million tonnes, flour export – 2.6 times, to 126,000 tonnes.
Minister of Agrarian Policy Roman Leschenko told Interfax-Ukraine in May 2021 that the harvest of grains and oilseeds in the 2021/2022 MY could exceed 100 million tonnes, the harvest of winter wheat, corn, sunflower, barley and soybeans is expected to grow.

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EXPORT OF FISH FROM UKRAINE INCREASES BY 28% IN JAN-APRIL

Export of fish and other aquatic biological resources by Ukraine in January-April amounted to 3,650 tonnes, revenue from their sales abroad increased by 28% compared to the same period in 2020, to $13.9 million, the State Agency for Land Reclamation and Fisheries reported on its website on Friday.
According to the ministry, in the first four months of this year, the largest buyers of Ukrainian fish products in monetary terms were Germany, which exported products worth $4.18 million (603 tonnes), Moldova – $1.99 million (876 tonnes) and Denmark – $1.98 million (420 tonnes). Significant deliveries were made to Lithuania – $1.01 million (377 tonnes), Israel – $0.83 million (100 tonnes), the Netherlands – $0.54 million (91 tonnes), Azerbaijan – $0.54 million (215 tonnes) and the United States – $0.51 million (130 tonnes).
The State Fisheries Agency said that since the beginning of the year Ukraine had exported most of the finished or canned fish – 1,180 tonnes, fillets of fish and other fish meat (including minced meat) – 1,020 tonnes, live fish – 320 tonnes and molluscs – 290 tonnes.

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UKRAINE SINCE BEGINNING OF MARKETING YEAR EXPORTS 44 MLN TONNES OF GRAIN

Ukraine since the beginning of the 2020/2021 marketing year (July-June) and as of June 25, 2021 exported 43.94 million tonnes of grain and leguminous crops, which is 21.8% less than on the same date of the previous year.
According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, 16.41 million tonnes of wheat, 22.59 million tonnes of corn, and 4.21 million tonnes of barley have been exported.
As of the indicated date, 123,700 tonnes of flour were also exported.
According to the Ministry of Agrarian Policy, Ukraine exported 56.72 million tonnes of grain and legumes in 2019/20.

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