Business news from Ukraine

Business news from Ukraine

UKRAINE’S FOREIGN TRADE IN GOODS (IMPORTS), JAN–APR, 2019

Ukraine’s foreign trade in goods (imports), jan–apr, 2019

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UKRAINE REDUCES CRUDE OIL IMPORTS BY 29%

Ukraine reduced imports of crude oil (HS Code: 2709) by 29.1%, or 110,767 tonnes, in January-May 2019 compared to the same period in 2018, to 269,429 tonnes.
Crude oil imports were estimated at $138.115 million, which was 32.8% less than in January-May 2018 ($205.489 million), Ukraine’s State Fiscal Service said.
Crude oil from Azerbaijan was imported to the tune of $135.679 million (the share of total imports was 98.24%), shipments from Latvia totaled $2.321 million (1.68%), and those from Hungary stood at $82,000 (0.06%), and other countries – $33,000 (0.02%).
Ukraine did not export crude oil in January-May this year.
As reported, Ukraine in 2011 imported 5.826 million tonnes of oil for $4.384 billion, in 2012 – 1.544 million tonnes for $1.233 billion, in 2013 – 761,058 tonnes for $630.282 million, in 2014 – 178,613 tonnes for $146.533 million, in 2015 – 248,158 tonnes for $89.039 million, in 2016 – 515,954 tonnes for $173.835 million, in 2017 – 1.013 million tonnes of oil for $442.219 million and in 2018 – 766,832 tonnes for $431.735 million.

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UKRAINE INCREASES IMPORTS OF PETROLEUM PRODUCTS BY 19%

Ukraine in January-May 2019 imported 3.239 million tonnes of petroleum products (HS code 2710 – petrol, diesel, fuel oil, jet fuel, etc.), which is 19% more than in the same period of 2018.
According to the State Fiscal Service, oil products were imported for $2.039 billion, which is 17.3% more than in January-May 2018 ($1.739 billion).
Fuel imports from the Russian Federation amounted to $842.143 million (a 41.3% share), Belarus to $775.058 million (38.01%), Lithuania to $223.217 million (10.95%), other countries to $198.688 million (9.74%).
In addition, in January-May 2019, Ukraine exported 295,850 tonnes (45.1% up from January-May 2018) of oil products for a total of $132.966 million (a rise of 27.9%). The cost of fuel supplied to counterparties from Greece was $45.016 million, Latvia $15.785 million, Malta some $13.739 million, other countries some $58.426 million.
As reported, Ukraine in 2011 imported oil products for $6.954 billion and exported – for $3.339 billion, in 2012 – for $7.607 billion and $1.389 billion, in 2013 – for $6.418 billion and $810.772 million, in 2014 – for $6.698 billion and $510.596 million, in 2015 – for $3.857 billion and $116.385 million, in 2016 – for $3.267 billion and $86.585 million, in 2017 – for $4.159 billion and $180.851 million, and in 2018 – for $5.541 billion and $249.616 million.

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UKRAINIAN ENTERPRISES INCREASE IMPORTS OF COPPER BY 22%

Ukrainian enterprises increased imports of copper and copper products in terms of money by 22.2% in January-May 2019 compared with January-May 2018, to $43.232 million. Exports of copper and copper products decreased 47.5% over the year to $39.288 million, according to customs statistics released by the State Fiscal Service of Ukraine.
In May, copper and copper products were imported to the tune of $7.22 million, and copper exports were estimated at $10.171 million.
In addition, Ukraine in January-May 2019 increased imports of nickel and products made of it by 0.4%, to $39.061 million (imports in May were estimated at $8.952 million), while imports of aluminum and products made of it increased 10.8%, to $159.035 million ($36.524 million). Imports of, lead and products made of it rose by 23.8%, to $5.289 million ($1.039 million) and imports of tin and products made of it decreased 33.5%, to $1.42 ($0.403 million). Imports of zinc and zinc goods decreased 30.5%, to $26.458 million ($6.775 million).
Exports of aluminum and products made of it decreased 29% in January-May 2019, to $41.995 million ($10.135 million in May alone), while shipments of lead abroad decreased 32%, to $10.949 million ($3.112 million). Exports of nickel fell by 20.1%, to $2.519 million ($0.847 million in May).
Zinc exports in January-May 2019 amounted to $0.332 million (some $0.101 million in May) compared to $0.061 million in January-May 2018.
Exports of tin and products made of it in January-May 2019 were estimated at $0.027 million (some $0.004 million in May) compared to $0.268 million in January-May 2018.

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DTEK REDUCES COAL IMPORTS BY 24% IN Q1

DTEK Group in January-March 2019 reduced coal imports by 24.1% (224,700 tonnes) compared to the same period last year, to 707,700 tonnes, according to a press release from the company.
In the first quarter, DTEK enterprises increased production of coal by 1.3% compared to the same period of 2018, to 6.476 million tonnes.
In particular, the production of G and DG grade coal (Ukraine) in January-March 2019 increased by 0.4%, to 5.782 million tonnes. Production of A grade coal by Obukhovskaya mine (the Russian Federation) for this period increased by 9.9%, to 694,600 tonnes.
Concentrate output rose by 1.4%, to 2.843 million tonnes. In particular, output at third-party processing plants in Ukraine decreased by 74.7%, to 58,000 tonnes, while at Obukhovskaya mine rose by 33.2%, to 472,900 tonnes.

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UKRAINE IMPORTS GAS FOR $400 MLN IN THREE MONTHS

Ukraine in January-March 2019 imported 1.555 billion cubic meters of natural gas for a total of $399.313 million, in particular in March 831.367 million cubic meters for $196.101 million, according to the State Statistics Service.
Thus, the average price of gas imported by the country in March 2019 was $235.9 per 1,000 cubic meters, which is 13.7% less than in February 2019 ($273.3).
The country’s contractors in the first quarter of 2019 were companies from Switzerland with 524.087 million cubic meters of gas for $131.787 million, Germany with 332.802 million cubic meters for $87.137 million, Poland with 235.554 million cubic meters for $51.566 million, Austria with 189.426 million cubic meters worth $57.046 million, France with 71.759 million cubic meters for $17.953 million, the UK with 63.022 million cubic meters for $18.525 million, Hungary with 53.457 million cubic meters worth $11.736 million, Luxembourg with 44.049 million cubic meters for $13.262 million, the Czech Republic with 39.475 million cubic meters for $9.822 million, Slovakia with 1.792 million cubic meters for $479,000, and Bulgaria with 400,000 cubic meters for $1,000.
Gas was not imported from Russia in the period.

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