Business news from Ukraine

Business news from Ukraine

UKRAINE INCREASES COAL IMPORTS

Ukraine increased imports of coal and anthracite coal (HS code 2701) by 15.5%, or 2.343 million tonnes, in January-October 2018 year-over-year, to 17.426 million tonnes.
Coal shipments over the period under review were estimated at $2.461 billion, which was 14.4% more than in January-October 2017 ($2.151 billion), Ukraine’s State Fiscal Service said.
In particular, coal bought from the Russian Federation (62% of all imports) was estimated at $1.526 billion, from the United States (30.04%) at $739.278 million, Canada (5.16%) at $126.946 million, and other countries (2.8%) at $68.889 million.
In addition, Ukraine in January-October 2018 exported 56,223 tonnes of coal and anthracite to the tune of $8.355 million, including to Russia ($4.597 million), Slovakia ($3.201 million), Moldova ($0.454 million), and other countries ($0.103 million).
As reported, Ukraine plans in 2018 to increase import of steam coal by 11.3% compared to 2017, to 5.669 million tonnes.
In particular, it plans to buy 4.882 million tonnes of coal from Russia (a rise of 29.6% from 2017), 664,000 tonnes from the United States (a rise of 47.7%), and 123,000 tonnes from South Africa (a fall of 83.8%).
In 2011, Ukraine’s coal and anthracite imports totaled $2.761 billion and exports $775.109 million, in 2012: $2.637 billion and $609.392 million, respectively. These indicators in 2013 were $1.974 billion and $737.009 million, respectively, in 2014: $1.773 billion and $521.017 million, in 2015: $1.632 billion and $53.651 million, in 2016: $1.467 billion and $44.762 million, and in 2017: $2.744 billion and $105.494 million, respectively.

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UKRAINE INCREASES CHEESE IMPORTS BY 35.6%, EXPORTS FALL BY 7.8% IN 2018

Ukraine in January-September 2018 exported 6,050 tonnes of cheese, which is 7.8% less than in the same period of 2017. According to customs statistics, promulgated by the State Fiscal Service, in monetary terms exports amounted to $22.5 million, which is 2.3% less than in the nine months of 2017. At the same time, imports of cheese in January-September 2018 amounted to 9,200 tonnes, which is 35.6% more than in the same period of 2017. In monetary terms imports increased by 44.6%, to $44.9 million.
In January-September this year, exports of butter from Ukraine increased by 9%, to 23,250 tonnes. In monetary terms this figure increased by 16.3% and amounted to $100.1 million. According to the State Fiscal Service, butter imports rose by 2.1 times, to 780 tonnes ($5.4 million).
In January-September exports of milk and cream (condensed) decreased by 21.5%, to 29,200 tonnes. Ukraine supplied condensed milk and cream for a total of $48 million against $63.8 million in January-September 2017. Imports of this group of goods increased by 1.6 times, to 1,630 tonnes ($3.96 million).

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UKRAINE RESUMES GAS IMPORTS VIA SLOVAKIA AFTER COMPLETION OF REPAIR WORKS

Ukraine has resumed imports of natural gas via Slovakia, suspended from October 2 through October 6 over the scheduled repair works.
According to Slovakia’s Eustream transmission operator, gas supplies on October 7 totaled 23.6 million cubic meters (mcm), which is slightly lower than average imports in September. The application for October 8 is also 23.6 mcm.
As reported, according to the schedule of repair, the second section line of the Dolyna-Yuzhgorod-state border gas pipeline is being repaired, in particular, at compressor stations Dolyna, Rososh, KS-1 and KS-2 Yuzhgorod.
Ukraine in January-September 2018 reduced import of natural gas by 24.7% (by 2.640 billion cubic meters, bcm) compared to the same period in 2017, to 8.065 bcm. Imports from Slovakia during this period amounted to 5.017 billion cubic meters of gas (36.4% less compared to January-September 2017), from Hungary to 2.509 billion cubic meters (27.9% more), Poland to 538.7 million cubic meters (37.4% less).
Ukrtransgaz, fully owned by Naftogaz Ukrainy, operates a system of trunk gas pipelines and 12 underground gas storage facilities in the country.

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UKRAINE IMPORTS OIL FOR $227 MLN IN JAN-JUNE 2018

Ukraine decreased imports of crude oil (foreign trade code 2709) by 3.3% or 14,071 tonnes in January-June 2018 year-over-year, to 416,520 tonnes.
The State Fiscal Service reported that oil for $227.374 million was imported, which is 24.4% more than in January-June 2017 ($182.777 million).
Ukraine in January-June 2018 imported crude oil for $214.112 million from Azerbaijan, $7.176 million from Algeria, $4.018 million from Iran and $2.067 million from other countries.
The country did not export crude oil in January-June. 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.

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HUNGARY, POLAND, MOLDOVA LEADERS OF ELECTRICITY IMPORTS FROM UKRAINE

Ukraine in January-June 2018 exported electricity worth $160.663 million, including $23.485 million in June alone. Hungary bought electricity worth $97.355 million, Poland $39.004 million, Moldova $20.483 million, other countries $3.821 million, Ukraine’s State Fiscal Service has said.
Exports of Ukrainian electricity in monetary terms in January-June-2018 increased by 17.8% compared to the same period in 2017 ($136.351 million).
Over the period under review, Ukraine imported electricity worth $0.803 million, in particular, electricity imports from the Russian Federation were estimated at $0.766 million, from Belarus at $0.035 million, from Moldova at $0.002 million.
As reported, Ukraine plans in 2018 to increase exports of electricity to the EU and Moldova by 13.3% from 2017 to 5.855 billion kWh. According to the forecast for 2018, deliveries from the Burshtyn TPP energy island to Hungary, Slovakia, Romania will be 3.6 billion kWh, to Poland 1.2 billion kWh, and to Moldova 1.055 billion kWh.

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