Business news from Ukraine

Business news from Ukraine

Ukraine for 7 months reduced imports of petroleum products by 13.2%

27 August , 2022  

In January-July 2022, Ukraine imported 3 million 933.911 thousand tons of oil products (according to the TNVED code 2710: gasoline, diesel fuel, fuel oil, jet fuel, etc.), which is 13.2% less than in the same period last year (4 million 531.367 thousand tons).
According to the State Customs Service, oil products were imported in the amount of $4 billion 324.218 million, which is 67.7% more than in January-July 2021 ($2 billion 578.915 million).
Belarus imported fuel for $793.511 million (share – 18.35%), Russia – for $590.393 million (13.65%), India – for $451.414 million (10.44%), other countries – for $2 billion 488.901 million (57 .56%). For seven months of 2021, the total cost share of fuel from Belarus and the Russian Federation in imports was 67%.
In addition, Ukraine exported 46.157 thousand tons (-79.4% compared to January-July-2021) of oil products for a total of $48.255 million (-58.5%) in seven months. The cost of fuel delivered to contractors from Lithuania amounted to $16.342 million, Estonia – $6.022 million, Hungary – $3.606 million, other countries – $22.285 million.
As reported, Ukraine imported 8 million 790.515 thousand tons of oil products in 2021, which is 9.6% more than in 2020 (8 million 23.072 thousand tons).
Oil products were imported in the amount of $5 billion 614.787 million, which is 65.3% more than in 2020 ($3 billion 396.929 million). Incl. Belarus imported fuel for $2 billion 351.116 million (share – 41.87%), Russia – for $1 billion 240.513 million (22.09%), Lithuania – for $654.584 million (11.66%), other countries – for $1 billion 368.574 million (24.37%).

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