Business news from Ukraine

IMPORTS OF TRACTORS TO UKRAINE INCREASES FIVEFOLD TO 113,200 UNITS IN 2018

18 April , 2019  

Imports of tractors to Ukraine last year increased almost fivefold compared to 2017, to 113,200 units, of which 2,200 are used machinery, the Ukrainian Agribusiness Club (UAC) has said.
According to the association, in monetary terms, tractors were imported for $431 million, which is 12.6% less than in 2017.
“In quantitative terms, the total import of tractors grew in 2015-2016 and in 2018, while in 2017 there was a significant subsidence. Most of this equipment was imported last year,” the association noted.
According to the UAC, if in quantitative terms imports of tractors were growing from year to year, then in value terms it reached its peak value in 2017, and in 2018 the figure was falling.
“With regard to used tractors, in general, in the four years under consideration, their share in the total number of imported machinery was about 4%. This is significantly less compared to harvesters, where this segment occupied half of all deliveries from abroad,” the association noted.

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