Import of goods in Jan-Oct 2022 in most important positions and in relation to same period in 2021
Source: Open4Business.com.ua and experts.news
Ukraine in 2022 decreased imports of aluminum ores and concentrate (bauxite) in volume terms by 81.5% compared to the previous year – up to 945.396 thousand tons, in November-December the import was not carried out.
According to statistics released by the State Customs Service (SCS), imports of bauxite in monetary terms fell by 79.6% during this period – to $48.166 million.
At the same time imports were carried out mainly from Guinea (58.90% in monetary terms), Brazil (27.19%) and Ghana (7.48%).
Ukraine did not re-export bauxite in 2022.
As reported, Ukraine in 2021 decreased imports of aluminum ore and concentrate (bauxite) in volume terms by 0.1% compared to 2020 – to 5 million 114.227 thousand tons. Imports of bauxite in monetary terms increased by 4.2% to $236.638 million.
Imports were carried out mainly from Guinea (59.33% of supplies in monetary terms), Brazil (21.33%) and Ghana (16.8%).
Ukraine in 2021 re-exported 277 tons of bauxite worth $70 thousand to Belarus (48.57%), Poland (40%) and Russia (7.14%), while in 2020 was re-exported to Poland 255 tons of bauxite worth $41 thousand.
Bauxite is an aluminum ore used as a raw material for producing alumina, and from it, aluminum. They are also used as fluxes in iron and steel industry.
Bauxite is imported into Ukraine by the Nikolaev Alumina Refinery (NGR), which before the war was affiliated with the United Company (UC) Russian Aluminum (RusAl, RF). Bauxite is used to produce alumina.
“RusAl in Ukraine also previously owned a stake in the Zaporozhye Aluminum Plant (ZALK), which stopped producing primary aluminum and alumina.
Import of goods to Ukraine in % to previous period in 2021 and 2022
SSC of Ukraine
Ukrainian President Volodymyr Zelensky has signed laws No. 8196/8197 on assistance in restoring Ukraine’s energy infrastructure, which, in particular, cancel VAT and customs duties on imports of generators and other power equipment, as well as Starlink satellite systems for the period until May 2023.
As people’s deputy Yaroslav Zheleznyak (faction “Voice”) wrote in his Telegram channel, the laws will come into force three days after publication, according to his calculations, January 2-3, 2023.
“Of the main innovations: the importation of generators, other equipment, Starlink without duty and VAT is introduced at the legislative level. Including for individuals. The norm will be valid until May 2023,” – wrote Zheleznyak.
As it was reported, the Verkhovna Rada passed the bills № 8196/8197 in the second reading on December 13.
The bills also exempt from VAT and duties on importation of equipment within the framework of technical assistance, mail and express consignments, and provide the opportunity to store fuel without a license in the amount of up to 2,000 liters, and more than this volume on the conditions of notification to the tax authorities on the declarative principle.
As previously reported by the head of the Verkhovna Rada Committee on Finance, Tax and Customs Policy Daniel Hetmantsev, the purpose of the above bills is to introduce short-term incentive tax and customs incentives for the restoration of energy infrastructure.
Import changes in % to previous period in 2021-2022
Daten: SSSU
Import of goods in Jan-Sep 2022 in most important positions and in relation to same period in 2021
SSC of Ukraine
