Business news from Ukraine

Business news from Ukraine

UKRAINE INCREASES IMPORTS OF COPPER BY 52%

Ukrainian enterprises increased imports of copper and copper products in terms of money by 51.8% in January 2019 compared with January 2018, to $8.22 million. Exports of copper and copper products decreased 57.5% over the year to $6.278 million, according to customs statistics released by the State Fiscal Service of Ukraine.
In December, copper and copper products were imported to the tune of $10,327 million, and copper exports were estimated at $7.130 million.
In addition, Ukraine in January 2019 boosted imports of nickel and products made of it by 55.9%, to $9.235 million (imports in December were estimated at $4.566 million), while imports of aluminum and products made of it fell by 2.8%, to $23.378 million ($33.745 million). Imports of, lead and products made of it rose by 5.1-fold, to $1.074 million ($1.195 million) and imports of zinc and zinc goods decreased 67.8%, to $112,000 ($378,000). At the same time, imports of tin and products made of it decreased 46.3%, to $3.674 million ($4.302 million).
Exports of aluminum and products made of it decreased 34.1% in January 2019, to $6.623 million ($7.902 million in December alone), while shipments of lead abroad decreased 62.4%, to $1.395 million ($1.773 million). Exports of nickel fell by 4.4%, to $175,000 ($541,000 in December).
Zinc exports in January 2019 amounted to $39,000 (some $28,000 in December 2018) compared to $7,000 in January 2018.
Exports of tin and products made of it in January 2019 were estimated at $3,000 (some $1,000 in December) compared to no exports in January 2018.

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UKRAINE BOOSTS CHEESE IMPORTS IN JAN TO $5.6 MLN

Ukraine in January 2019 exported 455 tonnes of cheese, which was 23.5% up on January 2018. According to customs statistics released by Ukraine’s State Fiscal Service (SFS), cheese exports in monetary terms amounted to $1.5 million, which was 20% higher than the figure for the first month of 2018.
At the same time, imports of cheese in January 2019 totaled 1,180 tonnes, which was 35.7% more than in January last year. The imports in monetary terms increased by 30%, to $5.6 million.
Exports of Ukrainian creamery butter in January 2019 decreased by 28.5%, to 1,750 tonnes. The exports in monetary terms decreased by 37%, to $7.1 million. Imports of creamery butter, according to the SFS, decreased by 21%, to 90 tonnes ($585,000).
In January 2019, exports of condensed milk and cream decreased by 9%, to 2,150 tonnes. Ukraine supplied condensed milk and cream to the tune of $3.67 million, which was 3% less than in January 2018. Their imports decreased by 21%, to 167 tonnes ($325,000).
As was reported, Ukraine in 2018 imported 13,720 tonnes of cheese (37.1% up from 2017) and exported 8,340 tonnes of cheese (7.8% down from 2017).
Last year, exports of butter remained at the level of 2017, imports increased slightly, to 1,100 tonnes.
Exports of condensed milk and cream totaled 35,550 tonnes (24.1% down from 2017), imports were 2,360 tonnes (38.6% up from 2017).

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UKRAINE IMPORTS 10 BCM OF GAS FOR $3 BLN IN 11 MONTHS OF 2018

Ukraine in January-November 2018 imported 10.014 billion cubic meters of natural gas for a total of $3.015 billion, in particular in November some 1.012 billion cubic meters for $341.604 million, according to the State Statistics Service.
Thus, the average price of gas imported by the country in November 2018 was $337.5 per 1,000 cubic meters against $347.3 in October, $320 in September, $293.9 in August, $309.1 in July, $267.4 in June, $263.5 in May, $310.8 in April, $278.7 in March, $261.1 in February, and $279.4 in January.
In the 11 months of the last year, the main counterparties were companies from Switzerland with 3.679 billion cubic meters of gas worth $1.102 billion, Germany with 3.146 billion cubic meters for $929.324 million, Poland with 714.061 million cubic meters for $213.391 million, the UK with 629.451 million cubic meters for $186.219 million, and Hungary with 532.563 million cubic meters for $169.845 million.
There were no gas imports from the Russia for the specified period.

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UKRAINE EXPORTS NITROGEN FERTILIZERS FOR $64 MLN, IMPORTS FOR $288 MLN IN 2018

Ukraine in 2018 exported 341,442 tonnes of nitrogen mineral or chemical fertilizers (according to foreign economic activity code 3102) for $64.446 million and imported 1.358 million tonnes for $288.002 million.
According to the State Fiscal Service, nitrogen fertilizers were delivered to Turkey for $25.092 million, China for $10.3 million, to Romania for $7.584 million, and other countries for $21.47 million.
Last year, imports of nitrogen fertilizers were made from Belarus for $59.684 million, Uzbekistan for $46.235 million, Lithuania for $33.713 million, and other countries for $148.371 million.
Thus, exports of fertilizers last year halved, and in value terms fell by almost two times. Imports of fertilizers decreased by 22.1%, in value terms by 14.6%.
In addition, in 2018 Ukraine exported 40,209 tonnes of ammonia (code 2814) for $9.498 million, imported 441,607 tonnes for $137.333 million.
In 2018, ammonia was exported to Turkey ($4.54 million), Morocco ($2.414 million), Bulgaria ($1.921 million), other countries ($623,000). In 2018, ammonia was imported from the Russian Federation ($134.563 million), Belarus ($2.754 million), Germany ($14,000), and other countries ($2,000).

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UKRAINE INCREASES IMPORTS OF CITRUS FRUITS BY 27%, BANANAS BY 5% IN 2018

Ukraine in 2018 increased imports of citrus fruits by 27% compared with 2017, to 337,860 tonnes.
According to customs statistics promulgated by the State Fiscal Service of Ukraine, in monetary terms imports of citrus fruits increased by 26%, to $216.3 million.
At the same time, imports were mainly carried out from Turkey (56% in monetary terms), Egypt (14.5%), and Italy (5.7%, in 2017 Spain ranked third).
In addition, in 2018 Ukraine imported 250,900 tonnes of bananas, which is 5% more than in 2017. In monetary terms, imports grew by almost 3%, to $144.3 million.
The largest importers of bananas to Ukraine were Ecuador (47.8% of deliveries in monetary terms), Costa Rica (33%), and Colombia (6.64%).
Exports of citrus fruits from Ukraine in 2018 amounted to 411 tonnes, bananas some 28 tonnes.

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UKRAINE IN 2018 IMPORTS 290,000 TONNES OF FROZEN FISH WORTH $351 MLN

Ukraine in 2018 imported 290,600 tonnes of frozen fish, which was 14.9% more than a year earlier, the State Fiscal Service of Ukraine has said. The imports in monetary terms increased by 18.7% from 2017, to $351.59 million.
In 2018, Ukraine increased exports of frozen fish by 2.3%, 670 tonnes, the exports were estimated at $ 1.52 million (an increase by 41.4%).
In addition, the State Fiscal Service reported imports of fresh or chilled fish to Ukraine in 2018 totaled 15,410 tonnes, which was 24.6% up on 2017. The imports in monetary terms grew by 23.7%, to $107.35 million.

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