Business news from Ukraine

ONLINE SALES OF GOODS AND SERVICES IN UKRAINE AMOUNT UAH 76 BLN IN JAN-NOV 2019

The turnover of goods and services purchased online in Ukraine in January-November 2019 amounted to UAH 76 billion, which is 17% more than in the same period in 2018, the EVO group of companies has said.
According to the company, revenue from related services also increased: delivery, advertising, promotion, payments via the Internet.
“Operators earned less than UAH 3.5 billion on the delivery of goods purchased online. About UAH 1.9 billion on online payments. According to the All-Ukrainian Advertising Coalition, revenue from advertising goods and services on social networks, on marketplaces and Internet resources reaches UAH 16 billion, which is 37% more than in 2018,” the EVO press service said.
The company said that on average buyers spend from UAH 200 to UAH 1,000 at a time on EVO marketplaces: Prom.ua, Shafa.ua, Bigl.ua, Crafta.ua, and Izi.ua. The average bill for the year decreased by 7-10%.
“At the same time, the cost of delivery has increased: on average buyers pay for the receipt of goods 5-15% of the cost of goods. By international standards, it is expensive, so the growth rate of the online trading market has slowed down slightly compared to last year,” EVO said.
According to the company, most often in 2019 Ukrainians bought online clothes and shoes, appliances and electronics, consumer goods, cosmetics, and perfumes. At the same time, the fastest growing demand is that for household goods, books, hobby goods, and products for cars.

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TOP 20 COUNTRIES UKRAINE HAS POSTED THE HIGHEST SURPLUS OF TRADE IN GOODS IN JAN-SEPT 2019

Top 20 countries Ukraine has posted the highest surplus of trade in goods in Jan-Sept 2019

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MYKOLAIV SEAPORT INCREASES TRANSSHIPMENT OF GOODS BY 20%

Mykolaiv seaport in January-October 2019 increased transshipment of goods by 20% compared to the same period in 2018, to 26.951 million tonnes.
According to the Ukrainian Sea Ports Authority, for the specified period the port increased transshipment of exported cargo by 27%, to 21.109 million tonnes, imported goods by 5.1%, to 5.003 million tonnes, cabotage goods by 0.2%, to 838,010 tonnes. Transshipment of transit cargo in January-October 2019 was not carried out.
In January-October, transshipment of liquid cargo in the seaport decreased by 6.3%, to 2.228 million tonnes, dry bulk cargo increased by 24.2%, to 22.044 million tonnes, and packaged goods by 15%, to 2.679 million tonnes.
As reported, Mykolaiv seaport in 2018 raised transshipment of goods by 24.09% compared to 2017, to 29.2 million tonnes.

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TOP 20 COUNTRIES UKRAINE HAS POSTED THE HIGHEST SURPLUS OF TRADE IN GOODS IN JAN.-AUG. 2019 (U.S. DOLLARS)

Top 20 countries Ukraine has posted the highest surplus of trade in goods in Jan.-Aug. 2019 (U.S. Dollars)

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155 TYPES OF GOODS FROM UKRAINE TO RECEIVE POSSIBILITY OF DUTY-FREE TRADE IN UNITED STATES

Ukraine from October 30, 2019 will return to the U.S. General System of Preferences, according to a proclamation of U.S. President Donald Trump. “On Saturday Kyiv time or on Friday night in Washington, the news came out that Trump has completely returned Ukraine to the General System of Preferences,” Deputy Minister of Economic Development, Trade and Agriculture, Ukraine’s trade representative Taras Kachka said at a press briefing on Monday.
He said that all 155 types of goods that were removed from the system of preferences, again will receive the possibility of duty-free trade in the United States.
“These are mainly food processing products – confectionery product… [and also] industrial products, especially complex engineering products,” Kachka said.
He said that the return to the system of preferences was made possible thanks to the progress in introducing new legislation on collective management organizations (CMOs).
“This is unlikely to affect trade statistics, since these are not mass products, but will positively influence small and medium-sized businesses,” Kachka added.
As reported, in 2018, the United States suspended the General System of Preferences, which allows the import of more than 3,500 types of goods to the United States duty free, for 155 types of Ukrainian goods due to systematic copyright violation.

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UKRAINE IN JANY-AUG SELLS INDUSTRIAL PRODUCTS (GOODS, SERVICES) FOR UAH 1.685 TRL

Ukraine in January-August 2019 sold industrial products (goods, services) for UAH 1.685 trillion, which is 4.7% more than in January-August 2018 (UAH 1.609 trillion), in particular abroad for UAH 457.496 billion, the State Statistics Service has said.
According to its data, in August 2019 compared with August 2018, the turnover of goods sold in mining and processing industries grew by 0.4%, and from July 2019 decreased by 5.1%. At the same time, sales in mining industry in August 2019 compared with August 2018 increased by 2.5% (compared to July 2019 decreased by 9.2%), in processing industry decreased by 0.1% (compared to July 2019 by 4%).
In the total volume of industrial products sales for the eight months of 2019, the largest share fell on processing industry (63.8%), the supply of electricity, gas, steam and air conditioning (18.1%), mining industry and quarrying (16.9%), and metallurgical production (16.8%).
As reported, in 2018 industrial products (goods, services) were sold for UAH 2.509 trillion, which is 16.5% more than in 2017.

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