Business news from Ukraine

Business news from Ukraine

President of Ukraine: there is politics in decisions to ban grain imports from Ukraine

Ukrainian President Volodymyr Zelenskyy believes that there is “politics” in the decisions of a number of countries that have banned imports of Ukrainian grain.
“I am grateful to my neighbors who support us, but to be honest, there is politics there. We have the Black Sea blocked and we need help with weapons. We can’t risk relations with some countries,” he said Saturday in an interview with Italian media.
“And I understand that some political currents are taking advantage of this situation and instigating farmers to block grain shipments. But they have no right to block transit,” he said.
“We will solve these issues,” Zelensky stressed.

, ,

Ukraine has practically stopped importing bauxite

Ukraine in January-April this year reduced imports of aluminum ores and concentrate (bauxite) in physical terms by 99.98% compared to the same period last year – to 210 tons.
According to statistics released by the State Customs Service (SCS), during this period, imports of bauxite in monetary terms decreased by 99.64% – to $170 thousand.
Imports were mainly from China (100% of supplies in monetary terms).
During this period of this year, as well as in January-April 2022, Ukraine did not re-export bauxite.
As reported, Ukraine in 2022 decreased the import of aluminum ore and concentrate (bauxite) in volume terms by 81.5% compared to the previous year – up to 945.396 tons. Bauxite imports in monetary terms decreased by 79.6% to $48.166 million. Imports were mainly from Guinea (58.90% of supplies in monetary terms), Brazil (27.19%) and Ghana (7.48%).
Bauxite is an aluminum ore used as a raw material for the production of alumina, and from it, aluminum. They are also used as fluxes in 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.

,

Ukraine again began exporting coke, while imports decreased by 86%

Ukraine in January-April this year decreased the export of coke and semi-coke in physical terms by 73.6% compared to the same period last year to 668 tons.
According to statistics released by the State Customs Service (SCS), Ukraine did not export coke in January-March this year, as it did in December last year. All exports for the four months of 2023 came in April. In monetary terms, it fell by 77.6%, to $170 thousand.
Ukraine imported 32,168 thousand tons of coke and semi-coke in January-April 2023, down 86.2% from the same period in 2022. In monetary terms, imports fell by 86.2% to $16.095 million.
Exports were to Moldova (100% of supplies in monetary terms) and imports were mainly from Poland (91.29%), Hungary (5.14%) and Colombia (3.56%).
As earlier reported, in 2022, Ukraine reduced the export of coke and semi-coke in volume terms by 98% compared with the previous year – up to 3.856 tons, in monetary terms by 97.6% – to $1.011 million. The main export was carried out in Hungary (42.63% of supplies in monetary terms), Georgia (37.69%) and Turkey (17.41%).
Ukraine imported 359.192 thousand tons of coke and semi-coke in 2022, down 54.5% compared to 2021. In monetary terms, imports decreased by 50.3% to $174.499 million. Imports were mainly from Russia (43.43% of supplies in monetary terms, before the war), Poland (30.07%) and the Czech Republic (13.15%).
Due to the war, a number of mines and coke plants are located in territories temporarily outside Ukrainian control.

, ,

Ukraine cuts imports of nickel ores by 98%

Ukraine in January-April of this year reduced the import of nickel ores and concentrates in physical terms by 97.5% compared to the same period last year – up to 7.238 thousand tons.
According to statistics released by the State Customs Service (SCS), in monetary terms, imports of nickel ores decreased by 98% to $257,000 during the period.
Imports were from Guatemala (100% of shipments in monetary terms).
Ukraine did not export or re-export this product in January-April, both this year and last year.
As it was reported, in 2022, Ukraine reduced the imports of nickel ores and concentrates by 71.9% in physical terms compared to the previous year – up to 346.719 thousand tons. In monetary terms, imports of nickel ores decreased by 73.8% to $15.428 million. Imports were from Guatemala (100% of deliveries in monetary terms).
For 2022, like in 2021, Ukraine did not export or re-export this product.
Ukraine imports nickel ore from Pobuzhsky Ferronickel Plant (PFK, part of Solway Group).
PFC processes about 1.2 million tons of ore per year.

,

Import changes in % to previous period in 2021-2023

Import changes in % to previous period in 2021-2023

Source: Open4Business.com.ua and experts.news

Import of goods in jan-feb 2023 on most important positions and in relation to Jan-Feb 2022

Import of goods in jan-feb 2023 on most important positions and in relation to Jan-Feb 2022

Source: Open4Business.com.ua and experts.news

,