Business news from Ukraine

UKRAINE CANCELS LICENSING FOR IMPORTS OF SPIRIT, ALCOHOL, CIGARETTES

The Cabinet of Ministers has abolished licensing for imports and exports of ethyl, cognac and fruit alcohol, ethyl rectified grape and fruit spirit, alcoholic drinks and tobacco products.
The decision was made at a government meeting on July 24 with the subsequent coordination with Deputy Prime Minister for European and Euro-Atlantic Integration Ivanna Klympush-Tsintsadze.

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UKRAINE RAISES IMPORTS OF CUCUMBERS BY 38% AND TOMATOES BY 15% – UKRAINIAN HORTICULTURAL ASSOCIATION

Ukraine in January-June 2019 imported 7,000 tonnes of cucumbers and 55,000 tonnes of tomatoes, which is respectively 38% and 15% more than in the same period of 2018, according to the website of the Ukrainian Horticultural Association. According to the association, the import of both cucumbers and tomatoes in the six months was a record high for the last decade.
The association noted that the export of greenhouse vegetables continues declining. Thus, the supply of tomatoes abroad since the beginning of the year amounted to a mere 970 tonnes, which is three times less than last season. The export of cucumbers also almost halved compared with 2018 and amounted to 1,300 tonnes.
“This trend in the cucumber and tomato markets is explained by the fact that Ukraine has been focused on the Russian market for a very long time, which after the worsening of the political situation between the countries became inaccessible to us. Moreover, domestic producers find it difficult to compete in the domestic market with Turkish products, because the cost of gas and electricity in Turkey is much lower than in Ukraine. Now, Ukrainian producers of greenhouse vegetables require import quotas and the introduction of trade duties for imported products,” Yekateryna Zvereva, the director for development at the association, said.
The loss of the Russian market forced greenhouse owners to seek new sales markets and expand the range of products.
“Today, the main importers of Ukrainian tomatoes and cucumbers are Belarus and Poland, the countries that re-export these products,” the report says.

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UKRAINE INCREASES IMPORTS OF PETROLEUM PRODUCTS BY 13%

Ukraine in January-June 2019 imported 3.869 million tonnes of petroleum products (HS code 2710 – petrol, diesel, fuel oil, jet fuel, etc.), which is 13.2% more than in the same period of 2018.
According to the State Fiscal Service, oil products were imported for $2.454 billion, which is 10.4% more than in January-June 2018 ($2.224 billion).
Fuel imports from the Russian Federation amounted to $1.053 billion (a 42.92% share), Belarus to $883.04 million (35.98%), Lithuania to $265.12 million (10.8%), other countries to $252.743 million (10.3%).
In addition, in January-June 2019, Ukraine exported 319,490 tonnes (42.2% up from January-June 2018) of oil products for a total of $148.11 million (a rise of 23.4%). The cost of fuel supplied to counterparties from Greece was $46.65 million, Latvia $19.309 million, Hungary some $13.904 million, other countries some $68.246 million.
As reported, Ukraine in 2011 imported oil products for $6.954 billion and exported – for $3.339 billion, in 2012 – for $7.607 billion and $1.389 billion, in 2013 – for $6.418 billion and $810.772 million, in 2014 – for $6.698 billion and $510.596 million, in 2015 – for $3.857 billion and $116.385 million, in 2016 – for $3.267 billion and $86.585 million, in 2017 – for $4.159 billion and $180.851 million, and in 2018 – for $5.541 billion and $249.616 million.

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UKRAINE’S FOREIGN TRADE IN GOODS (IMPORTS), JAN–APR, 2019

Ukraine’s foreign trade in goods (imports), jan–apr, 2019

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UKRAINE REDUCES CRUDE OIL IMPORTS BY 29%

Ukraine reduced imports of crude oil (HS Code: 2709) by 29.1%, or 110,767 tonnes, in January-May 2019 compared to the same period in 2018, to 269,429 tonnes.
Crude oil imports were estimated at $138.115 million, which was 32.8% less than in January-May 2018 ($205.489 million), Ukraine’s State Fiscal Service said.
Crude oil from Azerbaijan was imported to the tune of $135.679 million (the share of total imports was 98.24%), shipments from Latvia totaled $2.321 million (1.68%), and those from Hungary stood at $82,000 (0.06%), and other countries – $33,000 (0.02%).
Ukraine did not export crude oil in January-May this year.
As reported, Ukraine in 2011 imported 5.826 million tonnes of oil for $4.384 billion, in 2012 – 1.544 million tonnes for $1.233 billion, in 2013 – 761,058 tonnes for $630.282 million, in 2014 – 178,613 tonnes for $146.533 million, in 2015 – 248,158 tonnes for $89.039 million, in 2016 – 515,954 tonnes for $173.835 million, in 2017 – 1.013 million tonnes of oil for $442.219 million and in 2018 – 766,832 tonnes for $431.735 million.

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UKRAINE INCREASES IMPORTS OF PETROLEUM PRODUCTS BY 19%

Ukraine in January-May 2019 imported 3.239 million tonnes of petroleum products (HS code 2710 – petrol, diesel, fuel oil, jet fuel, etc.), which is 19% more than in the same period of 2018.
According to the State Fiscal Service, oil products were imported for $2.039 billion, which is 17.3% more than in January-May 2018 ($1.739 billion).
Fuel imports from the Russian Federation amounted to $842.143 million (a 41.3% share), Belarus to $775.058 million (38.01%), Lithuania to $223.217 million (10.95%), other countries to $198.688 million (9.74%).
In addition, in January-May 2019, Ukraine exported 295,850 tonnes (45.1% up from January-May 2018) of oil products for a total of $132.966 million (a rise of 27.9%). The cost of fuel supplied to counterparties from Greece was $45.016 million, Latvia $15.785 million, Malta some $13.739 million, other countries some $58.426 million.
As reported, Ukraine in 2011 imported oil products for $6.954 billion and exported – for $3.339 billion, in 2012 – for $7.607 billion and $1.389 billion, in 2013 – for $6.418 billion and $810.772 million, in 2014 – for $6.698 billion and $510.596 million, in 2015 – for $3.857 billion and $116.385 million, in 2016 – for $3.267 billion and $86.585 million, in 2017 – for $4.159 billion and $180.851 million, and in 2018 – for $5.541 billion and $249.616 million.

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