Business news from Ukraine

UKRAINE SECOND AMONG MAJOR IMPORTERS OF GEORGIAN WINES

In Q1 2019, Georgia exported 19.4 million bottles (0.75l) of natural grape wine, a 10% increase year-on-year, according to the country’s National Wine Agency.
Revenue from wine exports (to a total of 37 countries) grew 16% to $47 million.
According to the National Wine Agency, Russia accounted for the greatest share, with deliveries growing 15.4% to 13.279 million bottles (68.4% of total exports).
Other major importers were Ukraine (1.419 million bottles, or 7.3% of total exports), China (1.373 million, 7.1%), Poland (1.032 million, 5.3%), and Kazakhstan (560,460, 2.9%).
There were also increases in exports to the U.S., Belarus and other European countries, and Asian countries. A total of 148 Georgian companies exported wine, compared with 134 a year before.
The most popular wines for export were the semi-sweet red Kindzmarauli (3.7 million bottles), the dry red Mukuzani (1.2 million), the dry white Tsinandali (890,458), and the semi-sweet reds Akhasheni (422,220) and Khvanchkara (226,072).
Georgia also exported 6 million bottles (0.5l) of brandy to 14 countries for $12.4 million, a 1.7-fold increase; 118,000 bottles of chacha (2.7-fold growth), and cognac and winemaking materials. Total revenue from sales was $67.7 million (up 4.5%).
In 2018, Georgia increased its exports of wine 13% to 86.2 million bottles, a 30-year record. It delivered wine to 53 countries, and revenue from sales increased 20% to $203 million. Total revenue from sales of wine products abroad grew 7% to $306.5 million.

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UKRAINE CONSIDERABLY INCREASES ELECTRICITY EXPORTS IN Q1, MAIN IMPORTERS – POLAND, MOLDOVA, HUNGARY, SLOVAKIA, ROMANIA

Ukraine increased electricity exports 18.3% in January-March 2018 year-on-year to 1.596 billion kilowatt-hours (kWh), the Ministry of Energy and Coal Industry has told Interfax-Ukraine. Electricity supplies from the Burshtyn thermal power plant energy island in the direction of Hungary, Slovakia and Romania for the three month grew 0.9% compared to January-March 2017, to 1.026 billion kWh.
Electricity supplies to Poland rose 27.6%, to 423.327 million kWh. Ukraine exported 146.218 million kWh to Moldova in January-March 2018 compared to nil a year earlier.
No electricity was exported to Belarus or Russia in January-March 2018 or January-March 2017.
In March 2018, exports of Ukrainian electricity totaled 563.7 million kWh, which is 49.6% more than in March 2017.
Ukraine imported 8.92 million kWh of electricity in January-March 2018 (of which 8.559 million kWh from Russia and 0.361 million kWh from Belarus) versus 11.6 million kWh in the same period last year. Energomarket contracts account for the imports as technological transfers.

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