Business news from Ukraine

Ukraine reduced imports of copper by 62%, exports – by 55%

In January-August this year, Ukrainian enterprises reduced imports of copper and copper products in value terms by 61.7% compared to the same period last year, to $41.745 million.
According to customs statistics released by the State Customs Service of Ukraine, exports of copper and copper products over the specified period decreased by 55.3% to $64.143 million.
In August, copper and copper products were imported in the amount of $7.337 million, exported – in the amount of $4.442 million.
In addition, Ukraine in January-August 2022 reduced imports of nickel and products from it by 42% compared to January-August 2021 – to $44.635 million (in August – $7.438 million), aluminum and products from it – by 29.7 %, to $207.180 million ($35.390 million). At the same time, it reduced the import of lead and products from it by 63.7% – to $2.249 million ($151 thousand). The import of tin and products from it fell by 5% – to $2.468 million ($247 thousand), and the import of zinc and zinc products – by 56.2%, up to $26.135 million ($2.460 million).
Export of aluminum and products from it for eight months of 2022 decreased by 36.4% compared to January-August 2021 – to $66.455 million (in August – $8.798 million), lead and products from it by 64.3% – to $8.686 million ($0.199 million), nickel and products – by 59.3%, to $1.339 million ($0.073 million).
Export of zinc for the reporting period amounted to $1.302 million (no export was carried out in August), while in January-August 2021 it was $70 thousand. Export of tin and products in January-August 2022 amounted to $396 thousand (in August – $5 thousand). ) against $17 thousand for January-August-2021.
As reported, Ukraine in 2021 increased copper imports in value terms by 59% compared to 2020 – up to $183.161 million, exports of copper and copper products over the specified period increased by 2.4 times compared to 2020 – up to $206.390 million.
In 2021, Ukraine also increased the import of nickel and products from it by 45.8% compared to 2020 – up to $119.154 million, aluminum and products from it – by 30.2%, to $511.190 million. At the same time, it reduced the import of lead and products of it by 7.8% – up to $8.512 million, increased imports of tin and products from it by 75.2%, up to $4.977 million, and also increased zinc and zinc products – by 62.9%, up to $93.635 million.
Exports of aluminum and products from it in 2021 increased by 53.9% – to $169.094 million, lead and products from it by 52.8% – to $38.229 million, nickel and products – by 55%, to $4.856 million.
Zinc exports last year amounted to $550 thousand, while in 2020 it was $69 thousand (an increase of eight times). Export of tin and products in 2021 amounted to $346,000 against $117,000 in 2020.

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Ukraine cuts import of aluminum ores by 72%

Ukraine in January-August 2022 reduced the import of aluminum ores and concentrate (bauxite) in kind by 72.1% compared to January-August 2021, to 945,207 tonnes.
According to statistics released by the State Customs Service, during this period, bauxite imports in monetary terms dropped by 68.9%, to $48.027 million.
The products were mainly imported from Guinea (59.07% of supplies in monetary terms), Brazil (27.27%) and Ghana (7.5%).
Ukraine in January-August 2022 did not re-export bauxite.
As reported, Ukraine in 2021 reduced the import of aluminum ores and concentrate (bauxite) in kind by 0.1% compared to 2020, to 5.114 million tonnes. Bauxite imports in monetary terms grew by 4.2%, to $236.638 million.
The products were mainly imported from Guinea (59.33% of supplies in monetary terms), Brazil (21.33%) and Ghana (16.8%).
Ukraine in 2021 re-exported bauxite in the amount of 277 tonnes worth $70,000 to Belarus (48.57%), Poland (40%) and the Russian Federation (7.14%).
Bauxites are aluminum ores used as a raw material for the production of alumina, and from it aluminium is made. They are also used as fluxes in ferrous metallurgy.
Bauxites are imported to Ukraine by the Mykolaiv Alumina Refinery, affiliated with RusAl (Russia). Alumina is produced from bauxite.
RusAl also earlier had a stake in the Zaporizhia Aluminum Plant (ZAlK) in Ukraine, which stopped producing primary aluminum and alumina.

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Structure of import of services in 2021 (graphically)

Structure of import of services in 2021 (graphically)

SSC of Ukraine

Import of goods to Ukraine in % to the previous period in 2021 and 2022

Import of goods to Ukraine in % to the previous period in 2021 and 2022

SSC of Ukraine

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Foreign trade turnover by the most important positions Jan-May 2022 (import)

Foreign trade turnover by the most important positions Jan-May 2022 (import)

SSC of Ukraine

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Cabinet of Ministers canceled permission to import products to Ukraine with label not in state language

The Cabinet of Ministers has canceled the legislative norm introduced on March 9, which allows importers of food products to import these products into the country, even if the information on the product packaging is not in Ukrainian.
Thus, food market operators can now only import products with a label in the state language, Taras Melnichuk, a representative of the Cabinet of Ministers in the Verkhovna Rada, said in a Telegram channel.
The government made the corresponding change to Decree No. 234 of March 9, 2022 at a meeting on Friday.
“It is excluded … the rule on the temporary possibility for the period of martial law of the sale of food products in the customs territory of Ukraine, information about which is set out in a language other than the state language. It has been established that such food products imported into the territory of Ukraine from March 9 to December 1 can to be in circulation on the customs territory of Ukraine until the expiration of the minimum shelf life or the deadline for consumption (the “use by” date),” Melnychuk said in the message.
Thus, the amended regulation retains the possibility for importers of animal feed to import these products labeled in a language other than the state language.
In addition, the legislative norm remains in force that the labeling of food and feed imported to Ukraine as humanitarian aid can be submitted in a language other than the state language.
The regulation also allows the use of leftover packaging or containers for food and feed left after the closure of enterprises that stopped working as a result of hostilities. In the future, such containers can be used for packaging similar products manufactured at other enterprises.

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