Business news from Ukraine

59% of new fops in Ukraine were opened by women in 2024

This is the highest figure in recent years

More than 43 thousand fops in Ukraine in 2024 were created by women, according to the Unified State Register. This is more than half of the total number of newly created sole proprietorships in the first quarter of this year. Women most often open businesses in retail, personal and information services. Men are more likely to choose computer programming and wholesale trade.

43,554 new sole proprietorships were created by women in the first quarter of 2024. This is more than half – 59% – of the total number of new businesses and a record high in recent years. Men opened 30,496 new businesses in the same period. For comparison, in 2021, the share of women was 51% of the total number of newly created fops.

Most often, women entrepreneurs choose retail trade (68% of women and 32% of men), other personal services (89% of women and 11% of men), and information services (63% of women and 37% of men).

At the same time, men are more likely to choose computer programming (58% of men and 42% of women) and wholesale trade (52% of men and 48% of women).

https://opendatabot.ua/analytics/fops-gender-2024-4

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Ukrainian enterprises in January-April increased imports of zinc by 60% to $17 mln

Ukrainian enterprises in January-April 2024 increased imports of zinc and zinc products – by 59.9%, up to $17.217 mln (in April – $5.357 mln). Exports of zinc for four months of this year amounted to $73 thousand (in April – $29 thousand), while in January-April 2023 it amounted to $48 thousand.
Zinc exports abroad in 2023 amounted to $130 thou. against $1.331 mln in 2022. Zinc exports for 2022 totaled $1.331 million, compared to $550 thousand in 2021. Exports of tin and tin products totaled $424 thousand in 2022, compared to $346 thousand in the previous year.
Zinc is used to protect steel from corrosion, in the production of zinc whitewash, in the metallurgical industry in the production of zinc sheets, and in the manufacture of foundry lead and copper-zinc alloys. It is also used as a material for the negative electrode in chemical current sources.

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Ukraine in January-April reduced imports of lead, but increased imports of tin

According to customs statistics released by the State Customs Service of Ukraine on Friday, Ukraine reduced imports of lead and lead products by 13.8% – to $406 thousand (in April – $124 thousand), imports of tin and tin products increased by 10.2% – to $887 thousand (in April – $267 thousand). Exports of lead and lead products decreased by 35.3% to $3.537 mln.
As reported, Ukraine in 2023 reduced imports of lead and lead products by 65.2% – to $989 thousand, imports of tin and tin products – by 23% – to $2.728 million. Exports of tin and tin products amounted to $159 thousand against $424 thousand for 2022.
Zinc exports for 2022 totaled $1.331 million, compared to $550 thousand in 2021. Exports of tin and products totaled $424 thousand in 2022, compared to $346 thousand the previous year.
Lead is used to make bullets and shot. It is part of many alloys, such as bearing alloys, printing alloy, tin-lead solder, bronzes and brasses. .
Tin is often used as a protective coating due to these properties. It is the main constituent of solder and babbitts, typographic alloys and bronzes.

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Ukraine in January-April increased aluminum imports by 26% to $136.7 mln

According to customs statistics released by the State Customs Service of Ukraine, Ukraine in January-April 2024 increased imports of aluminum and aluminum products – by 26.6% to $136.761 million (in April – $38.235 million). Exports of aluminum and aluminum products for the first four months of 2024 increased by 5% compared to the comparable period a year earlier – to $33.008 million (in April – $9.608 million).
In addition, Ukraine’s imports of aluminum and aluminum products increased by 7.7% to $366.463 million in 2023.
Exports of aluminum and aluminum products last year increased by 0.7% compared to 2022 – to $97.616 million. In addition, Ukraine in 2022 reduced imports of aluminum and aluminum products – by 33.4%, to $340.398 million.
Exports of aluminum and aluminum products in 2022 decreased by 42.7% compared to 2021 – to $96.972 million.
Aluminum is widely used as a structural material. The main advantages of aluminum in this capacity are its lightness, pliability for stamping, corrosion resistance, high thermal conductivity, and the non-poisonous nature of its compounds. In particular, these properties have made aluminum extremely popular in the production of kitchen utensils, aluminum foil in the food industry, and for packaging. The first three properties have also made aluminum a major raw material in the aviation and aerospace industries (recently displaced by composites, primarily carbon fiber). After construction and production of packaging – aluminum cans and foil – the largest industry-consumer of the metal is the energy sector.

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In January-April 2024, Ukrainian enterprises increased nickel imports to $8.5 mln

Ukrainian enterprises in January-April 2024, according to customs statistics, increased imports of nickel and products by 60.1% compared to the same period of 2023 – up to $8.484 million (in April – $787 thousand million).
Ukraine in 2023 reduced imports of nickel and nickel products by 74.2% y-o-y in 2022 – to $15.391 mln. Ukraine in 2022 reduced imports of nickel and nickel products by 49.9% y-o-y in 2021 – to $59.754 mln.
The main area of nickel application is metallurgy. It is used in the production of high-alloy stainless steels. By adding nickel to the iron melt, metallurgists obtain strong and ductile alloys that are highly resistant to corrosion and high temperatures.

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Rain and thunderstorms in some regions of Ukraine tomorrow

On Sunday, May 19, in Ukraine in the western, northern, in the afternoon and in the central regions in some places small short-term rains, thunderstorms; in the rest of the territory without precipitation, reports Ukrhydrometcenter. The wind is predominantly southeastern, 7-12 m/s.

The temperature at night is 9-14°, during the day 21-26°.

In Kiev on May 19, there will be light short-term rain and thunderstorms in some places. The wind is predominantly southeast, 7-12 m/s.

The temperature at night is 11-13°, during the day 23-25°.

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