Business news from Ukraine

Business news from Ukraine

NUMBER OF ELECTRIC CARS IMPORTED TO UKRAINE IN 2018 TRIPLES

The number of electric cars imported to Ukraine in the first quarter of 2018 tripled year-over-year, to 1,744 vehicles, according to a posting on the website of the State Fiscal Service. The authority said that in January 2018, some 784 passenger cars and other vehicles with electric engines were imported compared with 132 in January 2017, in February 2018, some 413 vehicles were imported (181) and in March – 537 (237).
As reported, in 2017, some 2,700 electric cars were imported to Ukraine.
In 2018, electric vehicles and other vehicles equipped exclusively with an electric motor are exempted from taxation by excise duty and value added tax (VAT) when they are transported to the customs territory of Ukraine.

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UKRAINE EXPORTS NITROGEN FERTILIZERS FOR $34 MLN, IMPORTED FOR $117 MLN IN Q1

Ukraine in January-March 2018 exported 169,941 tonnes of nitrogen mineral or chemical fertilizers for $34.238 million, while imported 558,292 tonnes worth $117.265 million. According to the State Fiscal Service, nitrogen fertilizers exports to Turkey amounted to $14.846 million, Mexico to $7.085 million, Romania to $3.983 million, and other countries to $8.325 million. Nitrogen fertilizers in the first quarter of the year were imported from the Russian Federation for $21.929 million, Uzbekistan for $21.929 million, Lithuania for $15.372 million and other countries for $49.1 million.
In addition, Ukraine in January-March of this year exported 1,474 tonnes of ammonia (code 2814) for $433,000, imported 114,906 tonnes for $41.965 million. All the ammonia was imported from the Russian Federation.
As reported, in 2011, Ukraine exported nitrogen fertilizers for $1.69 billion, and imported – for $153.347 million, in 2012 – for $1.695 billion and $163.234 million, in 2013 – for $1.134 billion and $211.822 million, in 2014 – for $647.623 million and $175.747 million, in 2015 – for $521.552 million and $212.931 million, in 2016 – for $321.614 million and $216.095 million, in 2017 – for $ 125.427 million and $337.346 million.
In 2011, Ukraine exported ammonia for $594.942 million, and imported – by $0.006 million, in 2012 – for $640.281 million and $0.026 million, in 2013 – for $628.606 million and $40.412 million, in 2014 – for $314.713 million and $43.518 million, in 2015 – for $251.937 million and $28.676 million, in 2016 – for $40.569 million and $51.802 million, in 2017 – $42.969 million and $123.012 million.

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