Business news from Ukraine

Business news from Ukraine

Ukraine cuts imports of petroleum products

18 July , 2022  

In January-June 2022, Ukraine imported 3.221 million tonnes of petroleum products (according to economic activity code 2710: gasoline, diesel fuel, fuel oil, jet fuel, etc.), which is 14.7% less than in the same period last year (3.776 million tonnes).
According to the State Customs Service, oil products were imported in the amount of $3.261 billion, which is 56.3% more than in January-June 2021 ($2.087 billion).
Belarus imported fuel for $753.595 million (its share is 23.11%), Russia – for $569.548 million (17.47%), India – for $283.569 million (8.7%), and other countries – for $1.654 billion (50.72%).
In addition, Ukraine exported 45,564 tonnes (78% less compared to January-June 2021) of oil products for a total of $46.26 million (54.9% less) in four months. The cost of fuel delivered to contractors from Lithuania amounted to $16.334 million, Estonia – $6.022 million, Hungary – $3.606 million, and other countries – $20.298 million.

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