Business news from Ukraine

Business news from Ukraine

MAIN TRADE PARTNERS OF UKRAINE IN % FROM TOTAL VOLUME (IMPORT FROM OTHER COUNTRIES TO UKRAINE) IN JAN-OCT 2019

Main trade partners of Ukraine in % from total volume (import from other countries to Ukraine) in Jan-Oct 2019

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IMPORT OF ELECTRICITY TO UKRAINE FIRST SINCE LAUNCH OF NEW MARKET EXCEEDS EXPORT

The total volume of imported electricity in November 2019 first since the launch of the new electricity market exceeded the total volume of exported electricity – by 5%, the press service of national energy company Ukrenergo has reported. At the same time, the total import volume amounted to 661,000 MWh, the total export volume reached 629,000 MWh, the company said. According to Ukrenergo, 370,600 MWh were imported into the Burshtyn TPP, and 290,400 MWh to the Integrated Power System (IPS) of Ukraine.
At the same time, Ukrenergo said that in order to ensure balance and operational security of the power grid, the company limited the planned import of electricity. As a result, in November, imports from Belarus were limited by 46% (from 294,700 MWh to 157,800 MWh), by 34% from Russia (from 201,500 0 MWh to 132,600 MWh), and by 1% from countries importing into the Burshtyn TPP (from 374,900 MWh to 370,600 MWh).
According to the company, in November 2019, imports increased by 10% compared with October (from 601,000 MWh to 661,000 MWh), compared to July – by 140% (from 274,600 MWh up to 661,000 MWh).
According to Ukenergo, the largest increase in electricity imports was recorded from Hungary – almost doubled. At the same time, imports from Slovakia increased by 8% and from Russia by 4%.
Electricity export from the Burshtyn TPP amounted to 483,700 MWh, while supplies to Romania almost tripled.
Exports from the IPS of Ukraine amounted to 145,200 MWh.
According to Ukrenergo, the IPS of Ukraine exported electricity to Poland and Moldova.

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UKRAINIAN FOREIGN TRADE TURNOVER IN JAN-SEPT 2019 (IMPORT)

Ukrainian foreign trade turnover in jan-sept 2019 (import)

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UKRAINE RAISES IMPORTS OF PETROLEUM PRODUCTS BY 3.6%

Ukraine in January-November 2019 imported 7.676 million tonnes of petroleum products (according to foreign trade activity code 2710, petrol, diesel fuel, fuel oil, jet fuel, etc.), which is 3.6% more than in the same period of 2018.
According to the State Fiscal Service, petroleum products were imported in the amount of $4.844 billion, which is 4.9% less than in January-November 2018.
Fuel imports from Belarus amounted to $1.849 billion (a share of 38.17%), Russia to $1.708 billion (35.27%), Lithuania to $556.498 million (11.49%), from other countries to $730.585 million (15.08%).
In addition, in the 11 months, Ukraine exported 498,915 tonnes (21.6% more compared to January-November 2018) of petroleum products for a total amount of $247.255 million (up by 6.5%). The cost of fuel delivered to contractors from Greece amounted to $53.646 million, Latvia some $31.914 million, Hungary some $28.333 million, and from other countries some $133.362 million.

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MAIN TRADE PARTNERS OF UKRAINE IN % FROM TOTAL VOLUME (IMPORT FROM OTHER COUNTRIES TO UKRAINE) IN JAN-AUG 2019

Main trade partners of Ukraine in % from total volume (import from other countries to Ukraine) in Jan-Aug 2019

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UKRAINE INCREASES IMPORT OF BUTTER BY 2.5 TIMES TO $12.27 MLN

Export of butter from Ukraine in January-November of this year decreased by 37.5%, to 17,120 tonnes, in money terms by 37.5%, to $17.12 million. Import of this product, according to the service, rose by 2.5 times, to 2,450 tonnes (for $12.27 million). In January-November, export of milk and cream (condensed) slightly rose to 34,160 tonnes. Ukraine supplied condensed milk and cream for a total of $72.28 million, which is 29% more than in January-November 2018. Imports of this group of goods slightly increased to 2,160 tonnes (for $4.84 million).

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