Business news from Ukraine

Business news from Ukraine

UKRAINE CUTS IMPORTS OF ALUMINUM ORE

15 November , 2019  

Ukraine in January-October of 2019 decreased imports of aluminum ore and concentrate (bauxites) in natural terms by 0.9% compared to the same period in 2018, to 4.039 million tonnes.
According to customs statistics released by the State Fiscal Service, during this period bauxite imports in monetary terms increased 10.5%, to $181.866 million.
Imports were mainly from Guinea (53.86% of deliveries in monetary terms), Guyana (39.55%), and Brazil (2.92%).
In January-October 2019, some 22 tonnes of bauxite were exported to Poland for $1,000, whereas in January-October 2018 some 45 tonnes of bauxite were re-exported to Poland for $5,000.
As reported, Ukraine in 2018 increased imports of aluminum ore and concentrate (bauxite) in natural terms by 4.6% compared with 2017, to 5.089 million tonnes. Imports of bauxite in monetary terms fell by 2.4%, to $207.222 million. Imports were mainly from Guinea (57.17% of deliveries in monetary terms), Guyana (36.63%), and Brazil (4.37%).
In 2018, some 45 tonnes of bauxite were also re-exported to Poland for $5,000, while in 2017 some 162 tonnes of bauxite worth $ 10,000 were re-exported.

,