FOREIGN TRADE TURNOVER BY THE MOST IMPORTANT POSITIONS IN JAN 2021 (IMPORT)
STRUCTURE OF IMPORT OF SERVICES FOR 2020 (GRAPHICALLY)
Ukraine in January-March this year increased imports of aluminum ores and concentrate (bauxite) in quantity terms by 6% compared to the same period last year, to 1.303 million tonnes.
According to statistics released by the State Customs Service, during this period, bauxite imports in monetary terms increased by 11.8%, to $59.853 million.
At the same time, imports were carried out mainly from Guinea (56.17% of supplies in monetary terms), Brazil (25.86%) and Ghana (17.12%).
In January-March 2021, Ukraine re-exported 71 tonnes of bauxite for $15,000 to Poland (80%) and Germany (20%).
Mykolaiv Alumina Refinery LLC imports bauxite into Ukraine, the company is affiliated with United Company RUSAL (Russia). Alumina is produced from bauxite.
The Ministry of Development of Economy, Trade and Agriculture of Ukraine is considering issuing licenses in the near future to import additional 50,000 tonnes of raw sugar, the ministry said on its website on Thursday.
“The cost of sugar produced from imported raw material is about UAH 20 per kilogram. Accordingly, after the import in the coming weeks, the price situation will level out and sugar will become more affordable for Ukrainians. Meanwhile, the parliament is considering the possibility of a temporary zeroing of duties on imports of white sugar to Ukraine, which will also contribute to the saturation of the domestic market with sugar,” the ministry’s press service said, citing Deputy Economy Minister Taras Vysotsky.
He said that in February-March, 40,000 tonnes of sugar were also imported under the established tariff quota with a zero duty rate in accordance with the EU-Ukraine Association Agreement.
According to the Economy Ministry, imports of additional raw sugar will provide the processing industries with a sufficient amount of raw materials, which will saturate the market and lead to a decrease in the retail price.
As reported, on April 5, the Antimonopoly Committee of Ukraine (AMCU) launched an investigation into the grounds of anticompetitive concerted actions on the primary sugar market against the Astarta Group and Radekhiv Sugar LLC (Lviv region), which during September-November 2020, equally increased the wholesale selling prices for this product by an average of 48%.
The American Chamber of Commerce in Ukraine urges members of the Interdepartmental Commission on International Trade (ICIT) not to introduce special measures in the form of the special duty on imported wires to Ukraine, regardless of the country of origin and export, the Chamber said in a Monday press release.
On March 29, 2021, the Ministry for Development of Economy, Trade and Agriculture of Ukraine published the Basic Facts and Conclusions on the Special Investigation on the Import of Wires to Ukraine Regardless of the Country of Origin and Export. According to the basic facts and conclusions, the Ministry recommends introducing special measures in the form of the special duty of 23.5% for three years (with the subsequent liberalization).
“The potential introduction of the special duty on import will in fact, turn into the extra tax to be paid by the telecommunication industry. It will adversely affect mobile operators’ investment capacity because instead of investing in infrastructure, mobile operators will have to pay additional duties,” the Chamber said.
The Cabinet of Ministers has supplemented the list of goods originating from the Russian Federation, prohibited for import into Ukraine, with wheat, sunflower oil, detergents, and paper.
According to the document, the list of prohibited goods was also replenished with surfactants, newsprint, cardboard, kraft paper and kraft cardboard, toilet paper, cosmetic napkins, hand towels, tablecloths and napkins.
The list also includes containers, boxes, bags, packing bags, ropes made of other alloy steels, drilling tools, other trolleys and undercarriage balancing trolleys, axles, wheels and their parts, according to the resolution.
The resolution comes into force ten days after its publication.
