Business news from Ukraine

UKRAINE CUTS COPPER IMPORT

Ukrainian enterprises reduced the import of copper and copper products in value terms by 7.4% in January-September 2020 compared to the same period in 2019, to $81.317 million.
According to customs statistics released by the State Customs Service of Ukraine, export of copper and copper products decreased 12.7%, to $55.083 million in the first nine months of 2020.
In September, copper and copper products were imported in the tune of $10.739 million, exported to the tune of $7.397 million.
In addition, Ukraine in January-September reduced the import of nickel and nickel products by 11.8% compared to the same period in 2019, to $55.25 million (in September amounted to $8.149 million), aluminum and aluminum products by 4.3%, to $283.561 million ($34.997 million). At the same time, the import of lead and lead products decreased 42.7%, to $6.05 million ($1.691 million), tin and tin products decreased 39.8%, to $1.713 million ($292,000), zinc and zinc products decreased by 33.6%, to $37.289 million ($5.795 million).
In January-September 2020, export of aluminum and aluminum products increased 0.1% compared with January-September 2019, to $77.049 million (in September amounted to $10.303 million), lead and lead products fell by 6.1%, to $18.007 million ($2.782 million), nickel and nickel products decreased by 49.3%, to $1.966 million ($296,000). Zinc exports in January-September 2020 amounted to $68,000, while in the same period of 2019 amounted to $463,000 ($12,000 in September). The export of tin and tin products in January-September 2020 amounted to $92,000, while in the same period of 2019 amounted to $33,000 (the export amounted to $3,000 in September).

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UKRAINE RAISES IMPORT OF CHEESE BY 2.3 TIMES IN JAN-SEPT

Ukraine exported 4,060 tonnes of cheese in January-September 2020, which is 21.1% less than in the same period in 2019.
According to the State Customs Service, in monetary terms, exports decreased by 16.3% and amounted to $15.61 million.
At the same time, import of cheese in the first nine months of 2020 increased by 2.3 times, to 33,740 tonnes, in monetary terms by 2.2 times, to $148.86 million.
Exports of Ukrainian butter decreased 43.7%, to 8,540 tonnes, and in monetary terms 40.5%, to $37.43 million. Import of this product in the reporting period amounted to 9,010 tonnes ($35.38 million) against 1,330 tonnes ($7.19 million) in January-September 2019.
According to the ministry, export of milk and cream (condensed) in the first nine months of 2020 decreased 30.3%, to 21,540 tonnes. Ukraine supplied condensed milk and cream for a total of $43.6 million, which is 33.5% less than in January-September last year. Import of this group of goods increased 3.2-fold, to 4,870 tonnes, in monetary terms by 3.3 times, to $10.95 million.

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UKRAINE TO INTRODUCE ZERO DUTY ON WINE IMPORTS FROM EU FROM 2021

Zero duty on the import of wine from the EU will be introduced from 2021 in accordance with Ukraine’s commitments to zero import duties on a number of goods within a seven-year period after the signing of the economic part of the Association Agreement with the European Union, the Development Director of the Ukrainian Horticultural Association, the international consultant to the UN FAO, Yekateryna Zvereva, has said.
“From 2021, a zero duty will be introduced on the import of wine into Ukraine (from the countries of the European Union). At the same time, the situation in the wine market is not the best today – wine import to Ukraine increased by 25-30% compared to last year,” she wrote in a column to the Interfax-Ukraine agency.
She clarified that at present the duty on the import of wine from the EU is EUR 0.3-0.4/liter.
With reference to the data of the State Statistics Service, Zvereva reported that in 2019 Ukraine exported $11.9 million worth of wine. At the same time, Kazakhstan became the largest foreign market for Ukrainian winemakers, where products worth $1.3 million were delivered. In addition, one of the largest markets remains Germany, where $1 million worth of wine was exported.
At the same time, according to the expert, import of wine last year amounted to $ 146.7 million.
In addition, in the first half of this year, according to the State Customs Service, Ukraine exported $6.1 million worth of wine, while imports amounted to $67.9 million, the expert said.

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STRUCTURE OF IMPORT OF SERVICES IN 1st QUARTER OF 2020 (GRAPHICALLY)

Structure of import of services in 1st quarter of 2020 (graphically)

UKRAINE INCREASES IMPORT OF NICKEL ORE BY 30%

Ukraine increased the import of nickel ore and concentrate by 30% in January-August 2020 compared to the same period in 2019, to 1.12 million tonnes.
According to statistics released by the State Customs Service, in monetary terms the import of nickel ore grew by 31.2%, to $55.706 million.
Ukraine did not export and re-export these products in January-August 2020, while the country supplied 7,999 tonnes of nickel ore to Greece for $322,000 in the same period in 2019.
Pobuzhky Ferronickel Plant (part of Solway Group) imports nickel ore to Ukraine.
The plant processes about 1.2 million tonnes of ore per year.

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UKRAINE STARTS ANTIDUMPING INVESTIGATION INTO CEMENT IMPORTS FROM TURKEY

The Interdepartmental Commission on International Trade has launched an antidumping investigation into the import of cement from Turkey to Ukraine.
The commission’s decision of September 2, 2020 to initiate an investigation comes into force from the moment of its publication, according to data on the Uriadovy Kurier edition’s website on September 5, 2020.
According to the report, the commission received a corresponding complaint from PrJSC Dyckerhoff Cement Ukraine, PrJSC Kryvy Rih Cement, PrJSC Mykolaivcement, PJSC Podilsky Cement, Cement LLC with the support of PrJSC Ivano-Frankivskcement.
According to the applicant, during the observation period (2017-2019), the dumping import of cement in absolute terms increased by 809%, in terms of consumption by 837%. In addition, the trend continues in 2020. According to the forecast, by the end of 2020 imports will increase by 1,815% and 2,547%, respectively. At the same time, prices for imported cement were lower than the prices of the applicant, and the growing volumes of imports forced him to reduce prices, despite the increase in cost.
Having considered the complaint, the authority concluded that import of cement from Turkey to Ukraine was carried out in volumes and on conditions that could cause damage to the national producer.
The Ministry of Economy has been instructed to conduct the antidumping investigation. Registration of interested parties is carried out within 30 days.

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