Business news from Ukraine

UKRAINE EXPORTS 36 MLN TONNES OF GRAIN BY MAY 23

Exports of grain from Ukraine since the beginning of the 2017/2018 marketing year (MY, July-June) and as of May 23 amounted to 35.999 million tonnes, which is 3.68 million tonnes less than on the same date a year earlier, the Ministry of Agrarian Policy and Food has said.
According to the report, in particular, wheat exports amounted to 15.95 million tonnes (501,000 tonnes less from the previous MY, exports of maize to 15.66 million tonnes (2.18 million tonnes less), barley to 4.19 million tonnes (962,000 tonnes less), and rye to 35,000 tonnes (29,600 tonnes more).
Export of flour amounted to 393,500 tonnes (64,300 tonnes more).
As reported with reference to the ministry, Ukraine in the 2016/2017 MY exported 43.9 million tonnes of grain.
According to the ministry’s forecasts, grain exports from Ukraine in the 2017/2018 MY will amount to 41 million tonnes.

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UKRAINE INCREASES ELECTRICITY EXPORTS BY 8.8% IN JAN-APRIL, MAIN IMPORTERS – POLAND, MOLDOVA, HUNGARY, SLOVAKIA, ROMANIA

Ukraine increased electricity exports 8.8% in January-April 2018 year-on-year to 2.189 billion kilowatt-hours (kWh), the Ministry of Energy and Coal Industry has told Interfax-Ukraine.
Electricity supplies from the Burshtyn thermal power plant energy island in the direction of Hungary, Slovakia and Romania for the four month grew 7.8% compared to January-April 2017, to 1.421 billion kWh.
Electricity supplies to Poland rose 30.8%, to 541.1 million kWh. Ukraine exported 227.1 million kWh to Moldova in January-April 2018, which is 18.9% less than in January-April 2017.
No electricity was exported to Belarus or Russia in January-April 2018 or January-April 2017.
In April 2018, exports of Ukrainian electricity totaled 592.9 million kWh, which is 10.4% less than in April 2017.
Ukraine imported 11.4 million kWh of electricity in January-April 2018 (of which 10.9 million kWh from Russia and 0.5 million kWh from Belarus). Energomarket contracts account for the imports as technological transfers.

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UKRAINE EXPORTS WALNUTS FOR $101 MLN IN 2017

Exports of walnuts from Ukraine in 2017 totaled 31,000 tonnes or $101 million, the Ukrsadprom association has reported.
“Traditionally the leading exported goods were walnuts ($101 million) and frozen and boiled fruit ($61 million). Businessmen received large revenue from supplies of various berries – $11 million, drupaceous fruit ($10 million) and apples and pears ($7 million),” Ukrsadprom Head Dmytro Kroshka told Interfax-Ukraine.
Exports of walnuts in kind fell from 40,000 tonnes to 31,000 tonnes, and exports of frozen, boiled and raw fruit remained at 42,000 tonnes.
The association said that revenue grew thanks to growth of exports prices of walnuts, first of all, shelled nuts. Exports of pomaceous fruit grew from 14,000 tonnes to 24,000 tonnes, thanks to apples, and drupaceous fruit from 2,000 tonnes to 12,000 tonnes, mainly thanks to cherries and plums.
In addition, blueberry and honeysuckle are becoming more popular in Ukraine, as well as organic fruit. Industrial enterprises planted currant, blackberry, chokeberry trees and hazel nut trees.
“These crops will soon take a worthy place in the structure of production and exports, since their planting is not an experiment, but it is connected with the demand for them from new partners,” the expert said.
In general, according to Ukrsadprom, the export of fruit and berry products in 2017 exceeded $195 million, having increased by almost a third compared to 2016.
“The main achievement in the export for Ukraine was the creation of a surplus in trade balance for the traditional products for us, as well as an almost twofold increase in the average selling price. The EU countries have become the main vector of the export of Ukrainian fruit and berry products,” the association said.

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USDA PREDICTS GROWTH IN EXPORTS OF RAPESEEDS FROM UKRAINE BY 19%

Exports of Ukrainian rapeseeds in the 2018/19 agricultural year would reach some 2.5 million tonnes, which is 19% more than a year ago, the United States Department of Agriculture (USDA) has said.
According to an annual report for oilseeds and food of the USDA, in 2016/17 agri-year Ukraine exported around 1 million tonnes of rapeseeds, which is 28% less than a year ago. Over 92% of it was exported to the European Union (EU).
According to the report, from July 2017 through January 2018, the trend has changed, and exports reached 2 million tonnes, which is almost 21% more year-over-year. The EU remained the key consumer and bought almost 1.7 million tonnes (92% of total exports). The EU would remain the main buyer of the new season.
According to the report, EXW prices of rapeseeds in 2018/19 agri-year exceeded FOB prices in the ports of the Black Sea.

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UKRAINE EXPORTS ELECTRICITY FOR $109 MLN IN 2018, HUNGARY BUYS FOR $69 MLN

Ukraine in January-April this year exported electricity for $109.331 million, in particular in April for $28.86 million. According to the State Fiscal Service, in January-April electricity was supplied to Hungary for the amount of $69.146 million, Poland for $26.466 million, Moldova for $10.939 million and other countries for $2.779 million.
Thus, in monetary terms exports of Ukrainian electricity in January-April 2018 increased by 33.5% compared to the same period in 2017 ($81.899 million).
In addition, Ukraine in January-April 2018 imported electricity for $562,000 (from Russia for $539,000, from Belarus for $22,000 and Moldova for $1,000).

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UKRAINE SEES EXPORTS OF OILSEEDS RISE BY 24% SINCE 2017/2018 MARKETING YEAR START

Ukraine since the beginning of the 2017/2018 marketing year (MY, July-June) has exported nearly 35 million tonnes of grains, which is 7.9% lower than in the same period of the 2016/2017 MY (38 million tonnes).
According to the department of biosecurity safety and seed raising control of the State Service of Ukraine for Food Safety and Consumers’ Rights Protection, the country exported, in particular, 15.4 million tonnes of wheat, almost 4 million tonnes of barley, and 15 million tonnes of corn.
The agency noted that the country in the same period of the previous MY exported 16 million tonnes of wheat, 5.1 million tonnes of barley, and 17 million tonnes of corn.
The service said that since the start of the 2017/2018 MY (September-August) the country has exported more than 4.6 million tonnes of oilseeds, in particular more than 2.1 million tonnes of rapeseeds, 2.5 million tones of soybeans. On the same date of the past MY, oilseeds exports amounted to almost 3.7 million tonnes, in particular rapeseeds exports exceeded one million tonnes, soybeans stood at 2.7 million tonnes.

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