Business news from Ukraine

UKRAINE INCREASES CHEESE IMPORT AND CUTS CHEESE EXPORT IN H1

Ukraine exported 3,870 tonnes of cheese in January-June 2018, which was 6.1% less than in the same period in 2017.
According to customs statistics released by the State Fiscal Service (GFS), cheese exports in monetary terms increased by 1.1%, to $14.51 million.
Cheese imports in January-June 2018 totaled 5,460 tonnes, which is 26.3% higher than the same period in 2017. Cheese imports in monetary terms increased by 42.1%, to $ 27.17 million.
Exports of creamery butter from Ukraine in January-June 2018 increased by 40.3%, to 17,210 tonnes. This indicator in monetary terms increased by1.7 times, to $73.99 million. Butter imports grew by 2.2 times, to 516 tonnes ($ 3.4 million).
Exports of condensed milk and cream in January-June 2018 decreased by 25.4%, to 17,400 tonnes. Ukraine shipped condensed milk and cream worth $28.93 million abroad, this is compared to $40.41 million in January-June 2017. Imports of this group of products increased by 1.6 times to 1,000 tonnes ($2.47 million).
As reported with reference to customs statistics, Ukraine in 2017 exported 9,050 tonnes of cheese, which is 12% more than in 2016. Imports of cheese into the country rose by 42%, to 10,000 tonnes.

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UKRAINE INCREASES IMPORT OF NICKEL ORE IN JAN-FEB

Ukraine in January-April 2018 increased imports of nickel ore and concentrate in natural terms by 6.6% compared to the same period in 2017, to 458,917 tonnes. According to customs statistics released by the State Fiscal Service, in monetary terms nickel ore imports increased by 7%, to $22.155 million.
Imports were made from Guatemala (60.81% of supplies in monetary terms), and Indonesia (39.19%).
During the first four months of the year, Ukraine did not export and re-export these products, as well as in January-April 2017.
As reported, Ukraine in 2017 reduced imports of nickel ore and concentrate in natural terms by 4.2% compared to 2016, to 1.314 million tonnes, in monetary terms by 8.3%, to $64.172 million. At the same time, all imports were made from Guatemala (100% of supplies).

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UKRAINE INCREASES COAL IMPORT BY 53.9% IN JAN-APR, RUSSIAN SUPPLIES WORTH $643.58 MLN, US – $288.411 MLN

Ukraine in January-April 2018 increased import of coal and anthracite (foreign economic activity code 2701) by 53.9% (by 2.605 million tonnes) compared to the same period in 2017, to 7.437 million tonnes. According to the State Fiscal Service, coal was imported for $1.004 billion, which is 30.3% more than in January-April-2017 ($770.936 million).
At the same time, Russia supplied coal worth $643.58 million (a 64.08% share in imports), the United States for $288.411 million (28.72%), Canada for $48.365 million (4.82%), and other countries for $24.003 million (2.39%).
In addition, Ukraine in January-April 2018 exported 43,491 tonnes of coal and anthracite for $7.819 million, including $4.597 million to Russia, $3.201 million to Slovakia, $11,000 to Hungary, and $10,000 to other countries.

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USA CANCELS DUTY-FREE IMPORT OF 155 TYPES OF UKRAINIAN GOODS DUE TO COPYRIGHT INFRINGEMENT, LIST INCLUDES FOOD PRODUCTS, WOODWORKING INDUSTRY, ENGINEERING, ELECTRICAL APPLIANCES

The effect of the Generalized System of Preferences, which allows for duty-free import of more than 3,500 types of goods from Ukraine to the United States, has been suspended for 155 types of Ukrainian goods from April 26, the Ukrainian Economic Development and Trade Ministry reported on Saturday, May 5. “A total of 155 types of goods fall under the restrictions, in particular, some products of the food, light, woodworking industry, engineering, and some electrical appliances,” the ministry said.
The Office of the U.S. Trade Representative enacted these restrictions from April 26 this year, 120 days after the publication of the respective presidential proclamation of December 22, 2017.
“The Economic Development and Trade Ministry has been in constant dialogue with the U.S. government and is working to resolve the problem. At the same time, the lifting of the restrictions largely depends on the adoption by the Verkhovna Rada of bill No. 7466, known as the bill on the organization of collective management,” the report says. It recalls that the bill drafted by the ministry is aimed at establishing an effective and transparent system of collective management of property rights in the field of copyright and related rights in Ukraine. The document was adopted at first reading on March 1. On April 19, MPs began its consideration at second reading.

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