Business news from Ukraine

Business news from Ukraine

UKRAINE CUTS IMPORTS OF PETROLEUM PRODUCTS BY 4.8% IN 2020

Ukraine in 2020 imported 8.023 million tonnes of petroleum products (according to foreign trade activity code 2710, petrol, diesel fuel, fuel oil, jet fuel, etc.), which is 4.8% less than in the same period of 2019.
According to the State Fiscal Service, petroleum products were imported in the amount of $3.397 billion, which is 36.1% less than in 2019.
Fuel imports from Russia amounted to $1.227 billion (a share of 36.13%), Belarus to $1.217 billion (35.81%), Lithuania to $395.84 million (11.65%), from other countries to $557.174 million (16.4%).
In addition, in 2020, Ukraine exported 298,745 tonnes (43.9% less compared to 2019) of petroleum products for a total amount of $128.205 million (52% less). The cost of fuel delivered to contractors from Latvia amounted to $25.809 million, Hungary some $10.559 million, Romania some $10.029 million, and from other countries some $81.808 million.

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UKRAINE CUTS IMPORTS OF COKING COAL BY 6.4%, SCRAP PROCUREMENT BY 4% IN 2020

Coke and chemical plants of Ukraine in 2020 imported 9.67 million tonnes of raw coking coal and coking coal concentrate, which is 6.4% less than in 2019.
According to the report of the Ukrmetalurgprom association on Monday, the supply of Ukrainian coal last year amounted to 3.62 million tonnes, which is 3.5% more than in 2019.
In general, in 2020, Ukrainian coke and chemical plants received 13.29 million tonnes of coking coal, which is 3.9% less compared to 2019. At the same time, the share of imported coal in the total supply amounted to 72.8% versus 74.77% in 2019.
Some 8.18 million tonnes of coke (92.7% compared to 2019) were supplied to Ukrainian metallurgical enterprises, including 8.03 million tonnes of Ukrainian origin (95.2%), and some 150,000 tonnes of imported (38.6%). The share of imported coke in the total supply amounted to 1.83% versus 4.41% in 2019.
In addition, over the past year, 2.929 million tonnes of scrap metal were procured (96% compared to 2019), of which 2.893 million tonnes (96.1% compared to 2019) were supplied to Ukrainian consumers as imported. Exports of scrap metal amounted to 36,000 tonnes (85.1%).
It is noted that the provision of metallurgical enterprises with Ukrainian iron ore raw materials for the reporting period was carried out in accordance with the needs of metallurgical production. The iron ore was not imported. Iron ore exports amounted to 46.23 million tonnes in 2020 (some 116% compared to 2019).
According to the updated data of Ukrmetalurgprom, in 2020 enterprises produced 31.91 million tonnes of sinter (103.3% over the same period in 2019), some 9.67 million tonnes of gross coke (96.1%), some 20.423 million tonnes of cast iron (101.8%), some 20.616 million tonnes of steel (98.9%), some 18.427 million tonnes of rolled products (101.2%), and some 850,000 tonnes of pipe products (83, 8%).
As of January 15, 2021, of the main operating production facilities, 17 out of 21 blast furnaces, seven out of eight open-hearth furnaces, 12 out of 16 converters, four out of 15 electric furnaces and 16 out of 17 continuous casting machines are in operation.

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UKRAINE CUTS IMPORTS OF MANGANESE ORES BY MORE THAN HALF

Ukraine reduced imports of manganese ore and concentrate in physical terms by 51.9% in 2020 compared to the previous year, to 581,178 tonnes.
According to statistics released by the State Customs Service on Tuesday, in monetary terms, imports of manganese ore and concentrate decreased 63.7% over the period to $76.534 million.
At the same time, the main import was recorded from Ghana (88.76% of deliveries in monetary terms), the Russian Federation (8.26%) and South Africa (2.88%).
In 2020, Ukraine exported 69,303 tonnes of manganese ore and concentrate (an increase of 2.1 times compared to 2019) for the amount of $10.819 million, while in 2019 – 33,225 tonnes for $3.307 million. Export and re-export was to the United States (88.03% of supplies), the Czech Republic (10.25%) and Hungary (1.16%).

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UKRAINE IMPORTS ELECTRICITY FROM BELARUS AND SLOVAKIA SINCE EARLY 2021

The volume of electricity imports to the integrated power system (IPS) of Ukraine from Belarus since the beginning of the year amounted to 150 MWh, to the Burshtyn TPP Island from Slovakia it was 30 MWh, according to data on the website of the system operator NPC Ukrenergo as of Monday.
According to the NPC data, 133 MWh of electricity was exported to Hungary (93 MWh) and Romania (40 MWh).
According to the results of the daily auction on January 1, published on the NPC website, the interstate sections in the direction of Belarus-Ukraine were purchased by DE Trading LLC and Dniprostal-energo LLC – 1,200 MW (50 MW every hour) and 540 MW (60 MW in the first four hours and last five hours of the day), respectively.
The section in the direction of Slovakia-Ukraine was purchased by TAS Energy Country LLC (only 200 MW per day). The same company bought out 150 MW in the direction of Ukraine-Hungary.

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UKRAINE EXPANDS LIST OF GOODS, WHICH ARE EXEMPT FROM VAT IMPORTS

At the Wednesday meeting, the Cabinet of Ministers of Ukraine expanded the list of goods needed to combat coronavirus (COVID-19), the import and delivery of which to the customs territory are exempt from VAT, test systems and laboratory equipment.
According to the text of the decree, this is about test systems for ELISA testing and antigen testing.
In addition, the government has approved a decree that will simplify the procurement of medicines for the treatment of patients with COVID-19. In particular, the requirements of Cabinet of Ministers decree No.333 some issues of state regulation of prices for medicines and medical products will not apply to the purchase of medicines for the treatment of patients with COVID-19, which will increase the access of medical facilities to medicines.

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UKRAINE REDUCES COAL IMPORTS BY 19.4% IN JAN-OCT

Ukraine in January-October 2020 reduced import of coal and anthracite (foreign economic activity code 2701) by 19.4% (by 3.359 million tonnes) compared to the same period in 2019, to 13.966 million tonnes.
According to the State Customs Service of Ukraine, coal was imported for $1.432 billion, which is 39.4% less than in January-October 2019 ($2.365 billion).
Coal came from Russia for the tune of $869.797 million (a share in imports of 60.74%), the United States for $427.945 million (29.88%), Kazakhstan for $96.257 million (6.72%), and other countries for $38.09 million (2.66%).
In the first 10 months of 2020, Ukraine exported 2,255 tonnes of coal for $0.186 million, compared with 13,318 tonnes for $0.527 million during the same period in 2019, including $0.156 million to Poland, $0.027 million to Moldova and $0.004 million to Hungary.

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