Business news from Ukraine

Business news from Ukraine

UKRAINE RAISES IMPORTS OF ALUMINUM ORE BY 6.3% IN JAN-JULY 2018

28 August , 2018  

Ukraine in January-July of this year increased imports of aluminum ore and concentrate (bauxites) in natural terms by 6.3% compared to the same period in 2017, to 2.772 million tonnes.
According to customs statistics released by the State Fiscal Service, during this period bauxite imports in monetary terms decreased by 1.3%, to $109.994 million.
At the same time, imports were mainly from Guinea (57.99% of deliveries in monetary terms), Guyana (35.86%), and Brazil (5.48%).
In January-July 2018 some 45 tonnes of bauxite were re-exported to Poland for $5,000, whereas in January-July 2017 some 22 tonnes of bauxite were re-exported to Poland for $1,000 and 140 tonnes worth $9,000 to Russia.
As reported, Ukraine in 2017 raised imports of bauxite in natural terms by 21.8% compared to 2016, to 4.864 million tonnes, in monetary terms by 36.9%, to $212.370 million. Imports were carried out mainly from Guinea (45.92% of supplies in monetary terms), Guyana (28.72%), and Brazil (14.86%).
As a whole, in 2017 some 162 tonnes worth $10,000 were exported, whereas in 2016 re-exports were not carried out.

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