Business news from Ukraine

UKRAINIAN FOREIGN TRADE TURNOVER IN JAN-SEPT 2019 (IMPORT)

Ukrainian foreign trade turnover in jan-sept 2019 (import)

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UKRAINE RAISES IMPORTS OF PETROLEUM PRODUCTS BY 3.6%

Ukraine in January-November 2019 imported 7.676 million tonnes of petroleum products (according to foreign trade activity code 2710, petrol, diesel fuel, fuel oil, jet fuel, etc.), which is 3.6% more than in the same period of 2018.
According to the State Fiscal Service, petroleum products were imported in the amount of $4.844 billion, which is 4.9% less than in January-November 2018.
Fuel imports from Belarus amounted to $1.849 billion (a share of 38.17%), Russia to $1.708 billion (35.27%), Lithuania to $556.498 million (11.49%), from other countries to $730.585 million (15.08%).
In addition, in the 11 months, Ukraine exported 498,915 tonnes (21.6% more compared to January-November 2018) of petroleum products for a total amount of $247.255 million (up by 6.5%). The cost of fuel delivered to contractors from Greece amounted to $53.646 million, Latvia some $31.914 million, Hungary some $28.333 million, and from other countries some $133.362 million.

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MAIN TRADE PARTNERS OF UKRAINE IN % FROM TOTAL VOLUME (IMPORT FROM OTHER COUNTRIES TO UKRAINE) IN JAN-AUG 2019

Main trade partners of Ukraine in % from total volume (import from other countries to Ukraine) in Jan-Aug 2019

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UKRAINE INCREASES IMPORT OF BUTTER BY 2.5 TIMES TO $12.27 MLN

Export of butter from Ukraine in January-November of this year decreased by 37.5%, to 17,120 tonnes, in money terms by 37.5%, to $17.12 million. Import of this product, according to the service, rose by 2.5 times, to 2,450 tonnes (for $12.27 million). In January-November, export of milk and cream (condensed) slightly rose to 34,160 tonnes. Ukraine supplied condensed milk and cream for a total of $72.28 million, which is 29% more than in January-November 2018. Imports of this group of goods slightly increased to 2,160 tonnes (for $4.84 million).

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UKRAINE RAISES CHEESE IMPORTS BY 1.7 TIMES

Ukraine in January-November 2019 exported 6,470 tonnes of cheese, which is 15.8% less than in the same period in 2018.
According to customs statistics released by the State Fiscal Service, in monetary terms exports amounted to $23.89 million, which is 16.3% less than the figure for the eleven months of 2018.
At the same time, cheese imports in January-November 2019 amounted to 20,510 tonnes, which is 1.7 times more than the figure for the same period in 2018. In monetary terms, imports rose by 1.6 times, to $93.76 million.

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UKRAINE INCREASES GAS IMPORTS BY 38%

Ukraine in January-November 2019 increased natural gas imports by 38.1% (by 3.854 billion cubic meters) compared to the same period in 2018, to 13.967 billion cubic meters, according to recent data from JSC Ukrtransgaz. According to the calculations of the Interfax-Ukraine agency, imports from Slovakia amounted to 9.034 billion cubic meters over 11 months (up by 45% compared to January-November 2018), from Hungary to 3.542 billion cubic meters (9.9% more), Poland to 1.931 billion cubic meters (2.1 times more).
In November 2019, imports amounted to 669 million cubic meters of gas, which is 31.1% less than in the same month of 2018 (971.2 million cubic meters).
As reported, Ukraine has not been importing natural gas under the contract with PJSC Gazprom (Russia) for four years (since November 26, 2015), purchasing resources exclusively on its western border.

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