Business news from Ukraine

UKRAINIAN AGRICULTURAL EXPORT TO EU AMOUNTS $2.3 BLN IN FIVE MONTHS

Exports of Ukrainian agrarian products to European countries in January-May 2018 increased by $13 million, or 0.6%, to $2.3 billion compared to the five months of last year, the Ministry of Agrarian Policy and Food reported on its website. “In the five months of 2018, we see the increase in our agricultural exports to the EU by almost $13 million compared to the same period in 2017. The largest share in the structure of agricultural exports to the EU was that of grains, which were exported for almost $862 million, sunflower oil worth $465.8 million, residues and waste products of the food industry for $220 million, oilseeds worth $211.5 million, poultry for $100.5 million,” the press service said citing Deputy Minister of Agrarian Policy and Food for European Integration Olha Trofimtseva.
According to her, exports of Ukrainian processed and niche agricultural products to EU markets also rose. In particular, juice exports for the period grew by $11 million, or 2 times, confectionery products from sugar by $8.3 million, or 89.4%, chocolate and other cocoa products by $6.5 million, or 66.2%, legumes by $6.5 million, or 2.4 times, eggs without shell and egg yolks by $6.1 million, or 20 times.
According to the ministry, the main importers of Ukrainian agrarian products were the Netherlands with a share of exports of 15.9%, Spain with 14.1%, Italy with 14%, Poland with 14%, Germany with 9.3%, and France with 6.8%.

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UKRAINE BOOSTS SUGAR EXPORTS BY 25%

Ukraine exported 67,600 tonnes of sugar in June of the current marketing year (2017/2018 MY, September through August), which is 25% more than in the previous month, the National Association of Sugar Producers, Ukrtsukor, has reported. “Large batches of sugar in June were shipped to Uzbekistan (51%), Libya (35%), while smaller batches were exported to Azerbaijan (5%), Armenia and Georgia (3% each),” the head of the association’s analytical department Ruslana Butylo has said.
In the 10 months of the current MY (since September 2017), Ukrainian producers exported 501,000 tonnes of sugar, which is 32% less than in the same period last year.
“This year, sugar beet crops are sown on 280,000 hectares, which is 13% less than last year. According to the Association forecasts, the production of sugar beets will decrease by approximately 10% and will fluctuate around 13.1 million tonnes, thus the production of sugar will be about 1.75 million tonnes,” the association said.
As reported, Ukraine in 2016/2017 MY increased sugar exports by 6.8 times, 769,300 tonnes.

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UKRAINE SEES 89% RISE IN CAST IRON EXPORTS, HALF OF SHIPMENTS GOES TO U.S.

Ukraine in January-June 2018 increased exports of steel-making pig iron in natural terms by 88.9% compared to the same period last year, to 1.592 million tonnes.
According to customs statistics released by the State Fiscal Service of Ukraine, during this period exports of pig iron in monetary terms increased by 52.4%, to $544.138 million.
At the same time, exports were mainly carried out to the United States (57.87% of deliveries in monetary terms), Italy (14.55%), and Turkey (9.18%).
Ukraine in January-June 2018 imported 652 tonnes of similar products for $367,000, whereas in January-June 2017 some 1,240 tonnes for $623,000. Imports were carried out from Russia (77.66% of deliveries in monetary terms), and Germany (22.34%).
As reported, in 2017 Ukraine cut exports of steel-making pig iron in natural terms by 7.8% year-on-year, to 2.342 million tonnes, but increased exports in monetary terms by 33.9%, to $738.130 million. Exports were mainly carried out to the United States (55.05% of deliveries in monetary terms), Italy (24.69%), and Turkey (7.95%).
Ukraine in 2017 imported 2,000 tonnes of similar products for $1.020 million, whereas in 2016 some 1,755 tonnes for $661,000. Imports were carried out from Russia (86.37% of deliveries in monetary terms), Germany (13.43%), and Denmark (0.2%).

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UKRAINE BOOSTS SEMI-FINISHED CARBONS STEEL EXPORT

Ukraine increased exports of semi-finished carbon steel in physical terms by 14.9%, to 3.509 million tonnes in January-June 2018 year-on-year.
Ukraine’s State Fiscal Service said in a customs statistics report that exports of semi-finished carbon steel in monetary terms grew by 45.1%, to $1.573 billion.
The bulk of semi-finished carbon steel was exported to Italy (34.84% of total exports in monetary terms), Turkey (18.27%), and Egypt (14.08%).
During the first six months of the year Ukraine imported 22,588 tonnes of semi-finished carbon steel, which is 73% up year-on-year. Imports in monetary terms grew by 76.2%, to $13.648 million.
Semi-finished carbon steel imports originated from Russia (96.07%), Kazakhstan (2.78%) and the United States (0.96%).
In 2017 Ukraine cut semi-finished carbon steel exports in physical terms by 18.8% from 2016, to 6.292 million tonnes, while exports in monetary terms increased by 14.9%, to $2.542 billion.
Italy accounted for 30.61% of exports in monetary terms, while the share of Turkey was 17.02% and that of Egypt – 16.28%.
Semi-finished carbon steel imports in 2017 totaled 22,038 tonnes, which was 20.1% up from 2016. Imports in monetary terms grew by 85.4%, to $12.091 million.
Most of semi-finished carbon steel was imported from Russia (95.48% of total imports), Kazakhstan (4.03%), and Bulgaria (0.25%).

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UKRAINE THE SECOND EXPORT MARKET FOR GEORGIAN WINES; 4.191 MLN BOTTLES SOLD (11% OF THE TOTAL)

Georgia exported 38.2 million bottles of wine from grapes (0.75-liter bottles) in January-June 2018, 21% more than in 2017, the Agriculture Ministry’s National Wine Agency reported. Russia was the leading importer of Georgian wine in the period, boosting imports 24.4% to 24.022 million bottles or 62.9% of the total. Other major importers included Ukraine – 4.191 million bottles (11% of the total), China – 2.976 million (7.8%), Kazakhstan – 1.652 million (4.3%) and Poland 1.164 million (4.1%).
A total of 190 Georgian companies exported wine in the six months, 18 more than a year earlier. Exports to countries in Europe and Asia, and to the U.S. and other countries, increased substantially. Georgia also exported 8.4 million bottles of brandy (0.5-liter bottles), 23% more than in H1 2017, to 20 countries. Revenue rose 6% to $17 million. Overall exports of wine, brandy and other products – chacha, other alcoholic beverages, wine materials and brandy spirits – were worth $148.3 million, 21.5% more. Georgia exported wine to 48 countries in H1 2018, up from 44 in the same period last year. Revenue from the exports rose 28% to $90 million.

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