Business news from Ukraine

MAIN TRADE PARTNERS OF UKRAINE IN % FROM TOTAL VOLUME (IMPORT FROM OTHER COUNTRIES TO UKRAINE) IN 1-ST QUARTER OF 2020

Main trade partners of Ukraine in % from total volume (import from other countries to Ukraine) in 1-st quarter of 2020

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STRUCTURE OF IMPORT OF SERVICES IN 2019 (GRAPHICALLY)

Structure of import of services in 2019 (graphically)

UKRAINE EXTENDS PROBE INTO IMPORT OF SEAMLESS STAINLESS PIPES FROM CHINA

The Interdepartmental Commission on International Trade has extended the terms of the antidumping instigation into imports of stainless seamless hot-finished pipes from China.
According to a report in the Uriadovy Kurier newspaper, the investigation was extended to 13 months from the moment of its opening.
“In accordance with the law of Ukraine on the protection of national producers from dumping imports, the Interdepartmental Commission on International Trade reviewed materials submitted by the Ministry for Economic Development, Trade and Agriculture of Ukraine on the progress of the antidumping investigation regarding the import of steel seamless hot-finished pipes originating from China into Ukraine and, based on the results of the review, established that there is a need to extend the deadline for the antidumping investigation,” the commission said in the statement.
At the same time, the Commission on May 13, 2020 made a decision according to which it decided to extend the deadline for conducting this antidumping investigation, initiated on May 14, 2019, to 13 months.
As reported, the Interdepartmental Commission on International Trade initiated the antidumping investigation following the submission of a complaint by the national pipe producer Interpipe Niko Tube (Nikopol, Dnipropetrovsk region).

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MAIN TRADE PARTNERS OF UKRAINE IN % FROM TOTAL VOLUME (IMPORT FROM OTHER COUNTRIES TO UKRAINE) IN JAN-FEB 2020

Main trade partners of Ukraine in % from total volume (import from other countries to Ukraine) in Jan-Feb 2020

SSC of Ukraine

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UKRAINE INCREASES CHEESE IMPORT BY 2.4 TIMES IN JAN-APR

Ukraine exported 1,650 tonnes of cheese in January-April 2020, which is 31.7% less than in the same period in 2019.
According to the State Customs Service, in monetary terms exports decreased by 26.4% and amounted to $6.38 million.
The import of cheese grew 2.4 times, to 13,110 tonnes, in money terms 2.2 times, to $57.86 million for the first four months of 2020.
The export of Ukrainian butter decreased by 44.5%, to 4,130 tonnes, in money terms by 37.5%, to $19.18 million. The import of this product amounted to 4,120 tonnes ($16.89 million) in the reporting period against 377 tonnes ($2.33 million) in January-April 2019.
According to the service, the export of milk and cream (condensed) decreased by 34.2%, to 6,490 tonnes for the first four months of 2020. Ukraine supplied condensed milk and cream totaling $13.9 million, which is 29.5% lower than in January-April 2019. The import of this group of goods grew 2.2 times, to 1,410 tonnes, in money terms by 2.5 times, to $3.3 million.

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UKRAINIAN GRAIN ASSOCIATION: DOUBLING OF IMPORT DUTIES BY EC NOT TO AFFECT MAIZE EXPORT

The decision of the European Commission to increase import duties for maize from EUR 5.27 to EUR 10.40 per tonne is not a threat to export of Ukrainian maize, Prse of the Ukrainian Grain Association (UGA) Mykola Horbachev has said.
“Changing the duties for maize is exclusively the market mechanism for protecting the domestic market, and not an administrative one. So, when the price for maize on the exchange grows, the duty is leveled, and when it falls, the duty increases. This practice works automatically and is not something new for the market, after all, at least it have existed for the past 20 years, or even more,” he told Interfax-Ukraine.
The president of the UGA said that in Ukraine the potential for the export of maize has actually been exhausted in the current agricultural year.
“Today, about 26 million tonnes out of the expected 29-30 million tonnes have been exported. Thus, Ukraine has already managed to supply most of maize to the EU,” Horbachev said.
This decision will also not have an impact on maize exports in the next season, as crop prices may increase with a new crop. The association said that share of the total Ukrainian maize exports to the EU is about 45%. To date, Ukraine has already supplied about 10.5 million tonnes of maize to the EU.
The European Commission from April 27, 2020 fixed the import duties in the cereals sector. The import duties for maize, sorghum and rye are now fixed at EUR 5.27 per tonne and the automatic calculation lead to a new figure of EUR 10.40 per tonne on May 6.

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