Business news from Ukraine

UKRAINE IMPORTED PETROLEUM PRODUCTS WORTH $2.6 BLN IN JAN-JULY

In January-July 2020, Ukraine imported 4.5 million tonnes of petroleum products (according to FEACN code 2710: gasoline, diesel fuel, fuel oil, jet fuel, etc.), which is 3.1% more than in the same period last year (4.4 million tonnes).
According to the State Customs Service, oil products were imported in the amount of $2.6 billion, which is 34.7% more than in January-July 2020 ($2 billion).
Fuel was imported from Belarus for $1.1 billion (share – 43.05%), Russia – for $616.3 million (23.9%), Lithuania – for $315 million (12.22%), and other countries – for $537.3 million (20, 83%).
In addition, Ukraine exported 223,888 tonnes (plus 52.3% compared to January-July 2020) of oil products for a total of $116.22 million (plus 67.4%). The cost of fuel delivered to counterparties from Latvia amounted to $24.7 million, Malta – $17.2 million, Turkey – $13.7 million, and other countries – $60.6 million.

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DTEK PLANS TO IMPORT COAL FROM KAZAKHSTAN, POLAND, US

DTEK Energy, amid low coal stocks at its TPPs’ warehouses, has begun importing thermal coal from Kazakhstan and is negotiating coal supplies from Poland and the United States, the company’s press service has said.
According to the press service, DTEK Energy is actively looking for opportunities to provide TPPs with additional imported coal.
“Despite the increased demand for coal on global markets, we are actually starting to import it. The first batch from Kazakhstan is already on its way. Next week we expect the start of coal supplies from Poland. We are also negotiating the supply of shiploads from the United States,” CEO of DTEK Energy Ildar Saleev said.
According to the Ministry of Energy of Ukraine, coal stocks in the warehouses of thermal power plants of five power generating companies (DTEK Dniproenergo, DTEK Zakhidenergo, DTEK Skhidenergo, Centrenergo and Donbasenergo) as of Wednesday morning dropped to 754,000 tonnes, which is almost 500,000 tonnes less than the accumulation schedule approved by the ministry on August 11 (1.237 million tonnes).

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UKRAINIAN MANUFACTURERS INITIATE RESTRICTIONS ON IMPORT OF SULFURIC ACID AND OLEUM

The Interdepartmental Commission on International Trade on August 5 made a decision to revise special measures that are coming to completion – quotas in relation to the import of sulfuric acid and oleum to Ukraine (foreign economic activity code 2807 00 00 00).
According to the commission’s publication in the Uriadovy Kurier government newspaper, the initiators of extension of the special measures were Skhidny (Eastern) Ore Mining and Processing Plant, PJSC Sumykhimprom, Scientific and Production Enterprise Zorya and First Chemical Association.
“The commission found that the appeal contains enough information indicating that the use of special measures had a positive effect on the applicants’ activities, but did not completely eliminate the consequences of the harm caused to them, the appeal provides enough information indicating that the applicants may be in the process of adapting to conditions of competition,” the report says.
The Ministry of Economy has been entrusted with the revision of the restrictions, and it carries out the registration of interested parties by August 13.
As reported, in the summer of 2018, the commission introduced quotas for these products for three years. For the first year, the import quota for sulfuric acid and oleum from Belarus amounted to 30,800 tonnes, Russia – 8,600 tonnes, other countries – 4,300 tonnes. In the second year, quotas were increased, respectively, to 32,300 tonnes, 9,100 tonnes and 4,500 tonnes, in the third year – to 33,900 tonnes, 9,500 tonnes and 4,800 tonnes.
The special measures do not apply to imports from about 50 countries, including Kazakhstan.
A number of Ukrainian metallurgical companies opposed the introduction of restrictions on the import of sulfuric acid, while chemical enterprises insisted on their introduction.

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STATE FOOD SERVICE: JAPAN ALLOWS IMPORT OF UKRAINIAN POULTRY AND EGGS

Japan on August 2 lifted the ban on the export of Ukrainian poultry and eggs, introduced in December 2020 in connection with the spread of pathogenic avian influenza in Ukraine, according to a Wednesday posting on the website of the State Service for Food Safety and Consumer Protection.
“We are not only creating new export opportunities for Ukrainian companies, but also restoring access to foreign markets that were closed for one reason or another. Such closure decisions are usually made quickly, and it takes a long effort to convince partners to reopen the market. I am glad that we managed to convince the Japanese partners of the safety of Ukrainian products, and from now on Ukrainian companies can again export their products,” the authority said, citing Minister of Foreign Affairs of Ukraine Dmytro Kuleba.
The authority said that the Ukrainian side informed its Japanese partners in detail about the measures taken in Ukraine to combat outbreaks of avian influenza.

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MAIN TRADE PARTNERS OF UKRAINE IN % FROM TOTAL VOLUME (IMPORT FROM OTHER COUNTRIES TO UKRAINE) JAN- APRIL 2021

MAIN TRADE PARTNERS OF UKRAINE IN % FROM TOTAL VOLUME (IMPORT FROM OTHER COUNTRIES TO UKRAINE) JAN- APRIL 2021

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