Business news from Ukraine

Business news from Ukraine

STRUCTURE OF IMPORT OF SERVICES TO UKRAINE IN 2019 (GRAPHICALLY)

Structure of import of services to Ukraine in 2019 (graphically)

GOVERNMENT PROPOSES TO ABOLISH IMPORT DUTY ON CEREALS, VEGETABLES

The Cabinet of Ministers proposes to the Verkhovna Rada to adopt the bill “On Amending the Customs Tariff of Ukraine regarding the temporary application of import duty rates on certain types of grain crops.”
Relevant bill No. 3310 was registered in parliament on April 7, 2020.
The text of the bill is not yet available on the Rada’s website. However, an informed source on the market, explained in a comment to Interfax-Ukraine that it was about canceling duties on the import of vegetables and cereals before July 1.

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

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

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STATE FOOD SAFETY SERVICE OF UKRAINE TEMPORARILY BANS IMPORT OF ANIMALS FROM CHINA

The State Service of Ukraine for Food Safety and Consumers’ Rights Protection has temporarily banned the import of domestic and wild animals from China to prevent the entry of coronavirus into Ukraine. “To minimize the risks of introduction of the pathogen Covid-19 into the territory of Ukraine, in accordance with Articles 33 and 96 of the law of Ukraine on veterinary medicine, taking into account the recommendations set out in the OIE Terrestrial Animal Health Code, the service temporarily prohibited the import to Ukraine from China of domestic animals (dogs, cats, etc.) and wild carnivores,” the press service of the agency said.
The agency also added that according to official information from the World Organization for Animal Health (OIE) in Hong Kong (China), a SARS-CoV-2 disease of an animal (dog) was recorded.
“The State Service for Food Safety and Consumers’ Rights Protection constantly monitors the situation with animal diseases in the world,” it said.

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IMPORT OF FISH TO UKRAINE IN 2019 AMOUNTES 399,100 TONNES WORTH $753.2 MILLION

Import of fish, fish products and other aquatic biological resources in Ukraine in 2019 amounted to 399,100 tonnes for a total of $753.2 million, which is $117 million, or 18.5% more than in 2018, the State Fishery Agency has reported. In natural terms, according to data released by the Ukrainian Importers of Fish and Seafood Association (UIFSA) this week, import growth was 5%.
The association indicates that in 2018 the volume of imports in monetary terms increased by 20.5%, and in natural terms by 16%.
According to the agency, the main suppliers of aquatic biological resources to Ukraine (in natural terms) are Norway (80,000 tonnes for $205.4 million), Iceland (60,700 tonnes for $93.5 million), Estonia (39,600 tonnes for $16.8 million), the United States (30,700 tonnes for $67.6 million) and Canada (20,600 tonnes for $39.4 million).
Also, large volumes of fish products were delivered from Latvia, Spain, China, and the UK.
The agency said that about 80-90% of the volume of imports accounts for fish species, to which Ukraine does not have access, and are caught exclusively in the marine economic zones of other states.
“Basically, frozen fish or its fillets are imported to our country, which makes up 80% of imports. These products are mainly processed at domestic fish enterprises,” the agency said.

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RAUTA DOUBLES SALES OF IMPORTED SANDWICH PANELS IN UKRAINE

Rauta Group LLC (the Rauta trademark, Kyiv), which designs and assembles pre-fabricated houses, in 2019 doubled sales of Ruukki sandwich panels, while in general the market of imported panels in Ukraine showed a 10% decline.
“The total consumption of imported sandwich panels in Ukraine decreased from 1.01 million square meters in 2018 to 0.91 million square meters in 2019. Industry experts attribute this result to a temporary slowdown in the investment activities of developers due to the general economic situation in country,” Rauta reported.
Thus, the share of Rauta of the market of imported sandwich panels has doubled, to 4.4%.
“Given the current trends in increasing the energy efficiency of commercial buildings, we expect further growth in sales of sandwich panels,” Rauta director Andriy Ozeichuk said.
At the same time, according to him, one of the challenges this year could be the introduction of regulation No. 305, which will significantly affect this market.
“In the long run, the appearance of declarations and self-regulatory organizations will create the prerequisites for the mass application of sandwich panels that comply with State Standards of Ukraine EN 14509 with the highest possible energy efficiency and durability,” the company said.

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