Business news from Ukraine

Business news from 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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Ukraine cuts import of bauxite to $48 mln in Jan-Oct

Imports of titanium ores and concentrates fell to 196 tonnes and $115,000 in the ten months of 2022, from 912 tonnes and $889,000 a year previously. Exports grew 38.9% to 273,409 tonnes and 10.5% to $111.27 million.
Bauxite imports fell 77.4% to 945,311 tonnes and 74.8% to $48.119 million.
Imports of nickel ores and concentrates fell 66.5% to 341,268 tonnes and 68.6% to $15.234 million, and manganese ores 60% to 135,069 tonnes and 57.5% to $17.976 million.
Ukraine did not re-export bauxite or export nickel and manganese ores in the ten months of 2022.

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Ukraine cuts import of aluminum to $279 mln

Imports of aluminum and its products fell 29.2% to $279.276 million, nickel and nickel products 43% to $55.795 million, zinc and its products 59.9% to $30.490 million, lead and its products 63.8% to $2.65 million and tin and its products 25% to $2.894 million.
Exports of aluminum and its products fell 39.1% to $83.556 million, nickel fell 72.5% to $1.086 million and lead 69.5% to $9.769 million, however zinc exports rose to $1.321 million from $254,000 and tin to $421,000 from $154,000.

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Ukraine cuts import of copper by 62% in Jan-Oct 2022

Ukrainian imports of copper and copper products plummeted 62% year-on-year in January-October to $54.424 million, Ukrainian media reported, quoting State Customs Service data.
Copper exports fell 56.1% to $76.95 million.

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Full list of energy equipment for preferential imports into Ukraine published

The list of import goods that will be imported to Ukraine without payment of import duty and VAT for winter included: electric generating sets, transformers, electric batteries, equipment for switching or protection of electric circuits or for connection to electric circuits for voltage over 1000 V, consoles, panels, distribution boards, equipment and devices for water filtration or treatment.
The Economy Ministry said Friday that the relevant Cabinet of Ministers decree No. 1260 to expand the list of preferential imports in connection with the Covid epidemic was made public on the government website on Friday.
The Ministry of Economy clarified that the relevant tax changes were initiated on the instructions of Ukrainian President Vladimir Zelensky.
According to the Ministry, the abolition of VAT and import duties will reduce prices and saturate the Ukrainian market with goods that will help citizens and businesses to survive periodic power outages this winter season.
At the same time, according to deputy head of the Verkhovna Rada Committee on Economic Development Dmitriy Kisilevskyy, even before the abolition of import duties and VAT on such goods, the government should have gathered domestic producers of this equipment and provided them with priority access to credit 5-7-9%, canceled the duties on components and raw materials and formed a reserve fund of equipment and materials.
“The government is implementing the abolition of import restrictions solely on finished products – without components and raw materials, not to mention other steps. As a result, a generator produced in Ukraine will, by definition, be 20-30% more expensive than an imported one,” the MP wrote in a column in NV.
According to him, in the absence of such steps, the adopted import privileges are an unbalanced policy.
As the MP specified to the Interfax-Ukraine news agency, among Ukrainian producers of such products are, in particular, Power Generation LLC, Geko-Center, Compressors International, Hyatt Ukraine, Darex-Energo and Equiwes.

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ITC to apply anti-dumping duty of 31.37% to imports of glassware from Belarus

Ukraine’s Interdepartmental Commission on International Trade (ICIT) decided on November 2 to apply a provisional anti-dumping duty of 31.37% to imports into Ukraine of glass containers originating from Belarus, Ilyashev & Partners law firm said on Friday.
“The application of such measures is the result of the Ukrainian government’s timely response to the unfair competition of Belarusian manufacturers in the glassware market in Ukraine and will allow national manufacturers to resume work more quickly to eliminate the consequences of dumping imports of goods,” firm partner Olena Omelchenko said in the release.
“Ilyashev and Partners clarified that they represented the interests of the Association of glass industry enterprises “Glass of Ukraine”, as well as its members.
According to the message, the duty will be charged on the following goods: glass vessels (canning jars, bottles) for food and beverages of 0.15 liters or more, but less than 2.5 liters, which are classified according to the UKTVED by codes 7010 90 41 00, 7010 90 43 00, 7010 90 45 00; colored glass jars of nominal capacity of over 0.33 liter, but less than 1 liter, which are classified according to UKTVED under the code 7010 90 53 00.
This decision is the first decision of the Commission on the application of restrictive measures on imports to Ukraine after February 24, 2022, the law firm said. It has noted that application of provisional anti-dumping measures is an extremely rare interim result in the practice of anti-dumping investigations in Ukraine. The last time such measures were applied by the ICMT was in 2020.
Preliminary antidumping duty is applied for a period of four months and will accrue from the date of publication of the ICMT’s decision in the Uriadovyi Kurier newspaper.
The decision on the violation and anti-dumping investigation based on the results of consideration of the complaint filed by Glass Ukraine, prepared by Ilyashev & Partners, was made by the ICMT on December 22, 2021.
The Association of Glass Industry Enterprises “Glass of Ukraine” is a public organization that unites Ukrainian manufacturers of glass containers, flat glass, glassware, art glass, as well as suppliers of equipment, materials and services for the glass industry. The Association was founded in 1997. Members of the Association produce more than 80% of glass products in the country.

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