Business news from Ukraine

UKRAINE KEEPS UNCHANGED EXPORTS OF SEMIFINISHED CARBON STEEL PRODUCTS IN 2018

Ukraine in 2018 retained exports of semifinished carbon steel products in kind at the level of 2017, totaling 6.291 million tonnes.
Ukraine’s State Fiscal Service said in a customs statistics report that exports of semifinished carbon steel products in monetary terms grew by 18.2%, to $3.003 billion.
The bulk of semifinished carbon steel products was exported to Italy (34.24% of total exports in monetary terms), Egypt (15.53%), and Turkey (14.78%).
Last year Ukraine imported 43,880 tonnes of semifinished carbon steel products, which is twice up year-on-year. Imports in monetary terms grew by 2.2-fold, to $26.412 million.
Imports of semifinished carbon steel products originated from Russia (97.9%), Kazakhstan (1.44%) and the United States (0.5%).
In 2017 Ukraine cut exports of imports in kind by 18.8% from 2016, to 6.292 million tonnes, while exports in monetary terms increased by 14.9%, to $2.542 billion.
Italy accounted for 30.61% of exports in monetary terms, while the share of Turkey was 17.02% and that of Egypt – 16.28%.
Imports of semifinished carbon steel products in 2017 totaled 22,038 tonnes, which was 20.1% up from 2016. Imports in monetary terms grew by 85.4%, to $12.091 million.
Most of semifinished carbon steel products were imported from Russia (95.48% of total imports), Kazakhstan (4.03%), and Bulgaria (0.25%).

, , ,