Business news from Ukraine

Business news from Ukraine

UKRAINIAN ENTERPRISES INCREASE IMPORT OF COPPER BY 24%

Ukrainian enterprises increased imports of copper and copper products in terms of money by 23.9% in January-October 2019 compared with similar period of 2018, to $102.527 million. Exports of copper and copper products decreased 45.4% over the year to $63.176 million, according to customs statistics released by the State Fiscal Service of Ukraine.
In October, copper and copper products were imported to the tune of $14.68 million, and copper exports were estimated at $5.102 million.
In addition, in January-October 2019, Ukraine decreased imports of nickel and products made of it by 16.4%, to $68.821 million (imports in October were estimated at $6.17 million), while imports of aluminum and products made of it increased 1.1%, to $334.166 million ($37.979 million). Imports of lead and products made of it decreased by 1.7%, to $12.682 million ($2.123 million) and imports of tin and products made of it decreased 13.6%, to $3.391 million ($0.545 million). Imports of zinc and zinc goods decreased 14%, to $62.036 million ($5.873 million).
Exports of aluminum and products made of it decreased 26.1% in January-October 2019, to $84.871 million ($7.876 million in October alone), while shipments of lead abroad decreased 24.3%, to $22.396 million ($3.227 million). Exports of nickel fell by 41.1%, to $4.115 million ($0.242 million in October).
Zinc exports in January-October 2019 amounted to $0.463 million ($0.001 million in October) compared to $0.274 in January-October 2018.
Exports of tin and products made of it in January-October 2019 were estimated at $0.034 million ($0.001 million in October) compared to $0.311 million in January-October 2018.

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UKRAINE INCREASES IMPORT OF MANGANESE ORE BY 30%

Ukraine in January-October 2019 increased import of manganese ore and concentrate in natural terms by 29.4% compared to the same period in 2018, to 1.027 million tonnes.
According to customs statistics released by the State Fiscal Service of Ukraine, imports of manganese ore and concentrate in monetary terms grew by 18.7%, to $183.574 million.
Major imports were made from Ghana (75.99% of deliveries in monetary terms), Russia (20.46%), and Georgia (3.1%).
In January-October 2019, Ukraine exported 27,026 tonnes of manganese ore and concentrate for the amount of $2.587 to Hungary (40.59%), Slovakia (23.04%) and the Czech Republic (19.87%), while in January-October 2018 the country exported 53,617 tonnes for $3.527 million.
As reported, Ukraine in 2018 reduced import of manganese ore and concentrate in natural terms by 27.9% compared to 2017, to 938,946 tonnes. Imports of manganese ore and concentrate in monetary terms fell by 18.2%, to $182.788 million.
Major imports were made from Ghana (57.5% of deliveries in monetary terms), the Republic of South Africa (16.74%), and Russia (17.98%).
In 2018, Ukraine reduced export and re-export of manganese ore and concentrate in natural terms by 31.1%, to 59,597 tonnes, in monetary terms – by 19%, to $3.829 million. Exports and re-exports were carried out to Hungary (40.35% of deliveries), Slovakia (21.6%), and the Czech Republic (23.32%).
In Ukraine, manganese ore is mined and enriched at the Ordzhonikidze and Marhanets ore-mining and dressing mills (both based in Dnipropetrovsk region).
Dnipro-based PrivatBank controls the Stakhanov and Zaporizhia ferroalloy plants, Ordzhonikidze and Marhanets mills.
Nikopol ferroalloy plant (NFP) is controlled by EastOne Group, founded in autumn 2007 as a result of Interpipe Group restructuring, and Privat Group.

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UKRAINE CUTS IMPORTS OF ALUMINUM ORE

Ukraine in January-October of 2019 decreased imports of aluminum ore and concentrate (bauxites) in natural terms by 0.9% compared to the same period in 2018, to 4.039 million tonnes.
According to customs statistics released by the State Fiscal Service, during this period bauxite imports in monetary terms increased 10.5%, to $181.866 million.
Imports were mainly from Guinea (53.86% of deliveries in monetary terms), Guyana (39.55%), and Brazil (2.92%).
In January-October 2019, some 22 tonnes of bauxite were exported to Poland for $1,000, whereas in January-October 2018 some 45 tonnes of bauxite were re-exported to Poland for $5,000.
As reported, Ukraine in 2018 increased imports of aluminum ore and concentrate (bauxite) in natural terms by 4.6% compared with 2017, to 5.089 million tonnes. Imports of bauxite in monetary terms fell by 2.4%, to $207.222 million. Imports were mainly from Guinea (57.17% of deliveries in monetary terms), Guyana (36.63%), and Brazil (4.37%).
In 2018, some 45 tonnes of bauxite were also re-exported to Poland for $5,000, while in 2017 some 162 tonnes of bauxite worth $ 10,000 were re-exported.

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UKRAINE RAISES CHEESE IMPORTS BY 1.7 TIMES

Ukraine in January-October 2019 exported 5,960 tonnes of cheese, which is 14% less than in the same period in 2018.
According to customs statistics released by the State Fiscal Service, in monetary terms exports amounted to $21.97 million, which is 14.7% less than the figure for the ten months of 2018.
At the same time, cheese imports in January-October 2019 amounted to 17,660 tonnes, which is 1.7 times more than the figure for the same period in 2018. In monetary terms, imports rose by 1.6 times, to $81.04 million.
Export of butter from Ukraine in January-October of this year decreased by 37.5%, to 16,320 tonnes, in money terms by 37.5%, to $67.94 million. Import of this product, according to the service, rose by 2.3 times, to 1,990 tonnes ($10.12 million).
In January-October, export of milk and cream (condensed) rose by 2.2%, to 32,740 tonnes. Ukraine supplied condensed milk and cream for a total of $69.63 million, which is 31.7% more than in January-October 2018. Imports of this group of goods decreased by 4%, to 1,810 tonnes ($3.99 million).

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COMMODITY PATTERN OF UKRAINIAN IMPORT IN JAN – AUG, 2019

Commodity pattern of Ukrainian import in Jan – Aug, 2019

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