Business news from Ukraine

UKRAINE CUTS IMPORTS OF MANGANESE ORES BY MORE THAN HALF

Ukraine reduced imports of manganese ore and concentrate in physical terms by 51.9% in 2020 compared to the previous year, to 581,178 tonnes.
According to statistics released by the State Customs Service on Tuesday, in monetary terms, imports of manganese ore and concentrate decreased 63.7% over the period to $76.534 million.
At the same time, the main import was recorded from Ghana (88.76% of deliveries in monetary terms), the Russian Federation (8.26%) and South Africa (2.88%).
In 2020, Ukraine exported 69,303 tonnes of manganese ore and concentrate (an increase of 2.1 times compared to 2019) for the amount of $10.819 million, while in 2019 – 33,225 tonnes for $3.307 million. Export and re-export was to the United States (88.03% of supplies), the Czech Republic (10.25%) and Hungary (1.16%).

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UKRAINE IMPORTS ELECTRICITY FROM BELARUS AND SLOVAKIA SINCE EARLY 2021

The volume of electricity imports to the integrated power system (IPS) of Ukraine from Belarus since the beginning of the year amounted to 150 MWh, to the Burshtyn TPP Island from Slovakia it was 30 MWh, according to data on the website of the system operator NPC Ukrenergo as of Monday.
According to the NPC data, 133 MWh of electricity was exported to Hungary (93 MWh) and Romania (40 MWh).
According to the results of the daily auction on January 1, published on the NPC website, the interstate sections in the direction of Belarus-Ukraine were purchased by DE Trading LLC and Dniprostal-energo LLC – 1,200 MW (50 MW every hour) and 540 MW (60 MW in the first four hours and last five hours of the day), respectively.
The section in the direction of Slovakia-Ukraine was purchased by TAS Energy Country LLC (only 200 MW per day). The same company bought out 150 MW in the direction of Ukraine-Hungary.

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UKRAINE EXPANDS LIST OF GOODS, WHICH ARE EXEMPT FROM VAT IMPORTS

At the Wednesday meeting, the Cabinet of Ministers of Ukraine expanded the list of goods needed to combat coronavirus (COVID-19), the import and delivery of which to the customs territory are exempt from VAT, test systems and laboratory equipment.
According to the text of the decree, this is about test systems for ELISA testing and antigen testing.
In addition, the government has approved a decree that will simplify the procurement of medicines for the treatment of patients with COVID-19. In particular, the requirements of Cabinet of Ministers decree No.333 some issues of state regulation of prices for medicines and medical products will not apply to the purchase of medicines for the treatment of patients with COVID-19, which will increase the access of medical facilities to medicines.

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UKRAINE REDUCES COAL IMPORTS BY 19.4% IN JAN-OCT

Ukraine in January-October 2020 reduced import of coal and anthracite (foreign economic activity code 2701) by 19.4% (by 3.359 million tonnes) compared to the same period in 2019, to 13.966 million tonnes.
According to the State Customs Service of Ukraine, coal was imported for $1.432 billion, which is 39.4% less than in January-October 2019 ($2.365 billion).
Coal came from Russia for the tune of $869.797 million (a share in imports of 60.74%), the United States for $427.945 million (29.88%), Kazakhstan for $96.257 million (6.72%), and other countries for $38.09 million (2.66%).
In the first 10 months of 2020, Ukraine exported 2,255 tonnes of coal for $0.186 million, compared with 13,318 tonnes for $0.527 million during the same period in 2019, including $0.156 million to Poland, $0.027 million to Moldova and $0.004 million to Hungary.

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UKRAINE INCREASES IMPORTS OF NICKEL ORES BY 21.6%

Ukraine, in January-October this year, increased imports of nickel ores and concentrate in physical terms by 21.6% compared to the same period last year – up to 1,325,721 tonnes.
According to statistics released by the State Customs Service, imports of nickel ores increased by 19.7% – to $65.184 million in monetary terms.
At the same time, the import was carried out from Guatemala (65.17% of supplies in monetary terms) and Indonesia (34.83%).
In January-October-2020, Ukraine did not export or re-export these products, while in the same period of 2019 it supplied 7,999 tonnes of nickel ores to Greece in the amount of $312,000.

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UKRAINE INCREASES GAS IMPORTS BY 30% IN JAN-AUG

Ukraine in January-August 2020 increased imports of natural gas by 30% (by 2.9 billion cubic meters) compared to the same period in 2019, to 12.5 billion cubic meters.
According to Gas Transmission System Operator of Ukraine (GTSOU), some 8 billion cubic meters were received from Slovakia for the eight months (more by 35% compared to January-August 2019), Hungary delivered 3.2 billion cubic meters (20% more), Poland some 1.3 billion cubic meters (34% more). At the same time, 2.3 billion cubic meters, 1.6 billion cubic meters and 800 million cubic meters of gas were imported from Hungary, Slovakia and Poland respectively through backhaul, which became available from the beginning of 2020.
According to GTSOU, 8.2 billion cubic meters of imported volumes since the beginning of the year were sent to UGS facilities for storage in the “customs warehouse” mode, of which 4.9 billion cubic meters came in the shorthaul mode (preferential tariff for certain points) and 3.3 billion cubic meters in the “border-customs warehouse” mode.
In August 2020, imports amounted to 3.4 billion cubic meters of gas, which is 1.7 times (1.4 billion cubic meters) more than in August 2019.
In general, 72 traders ordered gas transportation from the EU to Ukraine in January-August, of which 45 were Ukrainian and 27 foreign companies, and more than 50 customers took advantage of the services of shorthaul and “customs warehouse.”

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