Business news from Ukraine

A TOOL FOR SEARCHING PARTNERS AROUND THE WORLD WITHOUT LEAVING THE OFFICE

Fierce competition in all industries and the rampant development of information and communication technologies constantly require businesses to look for new means to expand markets.

In August 2021, the Ukrainian Exporters Club launched a new online “Digital expo – Ukrainian Products and Services” Project. The Scope of the Project is to draw the attention of foreign importers, distributors, representatives of trading networks to Ukrainian products, attract them to cooperation and, thus, increase Ukrainian exports.

Digital expo is a web resource where only Ukrainian companies are represented. Each of them has its own web site with a scope of activities description, photos and presentations of products and services and a feedback form to send requests for cooperation. For ease of search, all companies are grouped by main categories, namely:

PRODUCTS:

Metallurgy and Metalworking Production

Energy and Raw Materials Resources

Agriculture and Animal Husbandry

Food Industry

Mechanical Engineering

Vehicles and equipment

Chemicals and Pharmaceuticals Industry

Agriculture

Wood and Furniture

Construction Industry and Public Works

Glass and building materials

Precision equipment

Electrical and electronic equipment

Textiles and clothing

Luxuries

Products for sports and recreation

SERVICES:

Information Technology

Printing and publishing

Transport and related services

Marketing, Advertising and Mass Media

Banking

Finance and Insurance

Business services

Health Care

TOURISM

Digital expo is three sites, each in its own language: in Ukrainian, English and Chinese. This is done in order to improve market coverage and increase the confidence of foreign companies located in different regions of the world.

In fact, “Digital expo – Ukrainian Products and Services” is not a new project of the Ukrainian Exporters Club. It is a modernized, updated and adapted to modern market needs “Inspired By The Best In Ukraine” Project, which was created in 2015.

The previous project was supported by DHL and the EBRD at various stages of its life. It presented Ukrainian products and services at the international exposition IF CHINA in Beijing in 2016 and CIIE in China in 2019.

In the summer of 2021, the electronic catalogues of the Ukrainian Exporters Club became Digital expo.

In the last 3 months (June to August) of 2021, the exhibitors received more than 10,000 requests for cooperation from Malaysia, Poland, Turkey, China, Korea, Baltic States and other countries.

The modern project has become even better. It participates in international online expositions, including: worldexpo, expotobi, food1.com, echemi.com, infobel.com, foodfocus.co.za and others.

“Digital expo – Ukrainian Products and Services” is supported by world and Ukrainian reputable organizations, including: Ministry of Economy of Ukraine, Kyiv Chamber of Commerce and Industry, Entrepreneurship And Export Promotion Office, Euromonitor International and Others. The general media partner of the exposition is the Interfax-Ukraine News Agency.

You can learn more about the “Digital expo – Ukrainian Products and Services” Project and apply for participation at the link: https://inspiredbythebestofukraine.ticketforevent.com/ru/home/40010/

MAIN TRADE PARTNERS OF UKRAINE IN % FROM TOTAL VOLUME (EXPORT FROM UKRAINE TO OTHER COUNTRIES) JAN-MAY 2021

MAIN TRADE PARTNERS OF UKRAINE IN % FROM TOTAL VOLUME (EXPORT FROM UKRAINE TO OTHER COUNTRIES) JAN-MAY 2021

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UKRAINE EXPORTS 6.49 MLN TONNES OF GRAIN SINCE START OF MY

Ukraine since the beginning of the 2021/2022 marketing year (MY, July-June) and as of August 25 had exported 6.49 million tonnes of grain and leguminous crops, which is 1.9% more than the figures for the same date of the previous MY.
According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, 3.13 million tonnes of wheat (19.9% less compared to the same date in 2020/2021MY), 2.16 million tonnes of barley (up 13.4%), 1.17 million tonnes of corn (2.2 times more), 19,300 tonnes of flour (1.7 times less) have been exported.
As of the indicated date, 6,800 tonnes of rye were also exported, which is 8.5 times more than in the last MY.
As reported, the export of wheat to Ukraine in 2020/2021MY amounted to 16.64 million tonnes, corn – 23.08 million tonnes, barley – 4.23 million tonnes, flour – 129,000 tonnes.
In addition, Ukraine in 2019/2020 MY exported 56.72 million tonnes of grain and leguminous crops.

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FOREIGN TRADE TURNOVER BY THE MOST IMPORTANT POSITIONS IN JAN-MAY 2021 (EXPORT)

FOREIGN TRADE TURNOVER BY THE MOST IMPORTANT POSITIONS IN JAN-MAY 2021 (EXPORT)

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UKRAINE GETS $53 MLN EARNINGS FROM ELECTRICITY EXPORT IN JAN-JULY

Ukraine in January-July 2021 reduced earnings from electricity exports by 28.1% (by $53.052 million) compared to the same period in 2020, to $135.612 million, according to data from the State Customs Service.
According to the calculations of Interfax-Ukraine, in January-July 2021 electricity for $59.339 million was supplied to Hungary, Poland for $39.783 million, Romania for $21.204 million, other countries for $15.286 million.
In July 2021 alone, electricity was exported for $27.373 million versus $5.505 million in July 2020.
In addition, in January-July of this year, Ukraine imported electricity for $59.058 million versus $110.005 million in the same period last year. Electricity exported from Belarus was worth $24.702 million, Slovakia – $22.401 million, Russia – $5.388 million, other countries – $6.567 million.

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