Business news from Ukraine

Business news from Ukraine

UKRAINE CUTS IMPORT OF PETROLEUM PRODUCTS IN JAN-SEPT

12 October , 2020  

Ukraine in January-September 2020 imported 5.793 million tonnes of petroleum products (according to foreign trade activity code 2710, petrol, diesel fuel, fuel oil, jet fuel, etc.), which is 4.3% less than in the same period of 2019.
According to the State Fiscal Service, petroleum products were imported in the amount of $2.5 billion, which is 34.6% less than in January-September 2019.
Fuel imports from Russia amounted to $940.081 million (a share of 37.6%), Belarus to $842.578 million (33.7%), Lithuania to $302.246 million (12.09%), from other countries to $415.427 million (16.61%).
In addition, in January-September 2020, Ukraine exported 258,880 tonnes (42.5% less compared to January-September 2019) of petroleum products for a total amount of $105.332 million (51.2% less). The cost of fuel delivered to contractors from Latvia amounted to $20.289 million, Hungary some $10.165 million, Romania some $9.008 million, and from other countries some $65.859 million.

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