Business news from Ukraine

UKRAINE BOOSTS CHEESE EXPORTS, IMPORTS IN FIVE MONTHS

9 June , 2017  

KYIV. June 9 (Interfax-Ukraine) – Ukraine shipped 3,271 tonnes of cheese onto foreign markets in January-May, 2017, which was 22.7% higher than the same period of 2016.
The shipments increased by 48.5% in monetary terms, to $11.35 million, Ukraine’s State Fiscal Service said in its customs statistics reports.
Cheese imports in the period under review totaled 3,563 tonnes, an increase by 35.8% compared to the same period last year. The country imported products worth $15.7 million (imports in January-May 2016 were estimated at $10.7 million).
At the same time, exports of butter from Ukraine in January-May 2017 increased by 3.2 times, to 8,538 tonnes. Shipments in monetary terms amounted to almost $31.1 million against $7.4 million in January-May 2016. Butter imports in the five months fell almost 73.7%: from 658 tonnes ($ 2.13 million) to 174 tonnes ($891,000).
Exports of condensed milk and cream in January-May 2017 decreased by 5.8%, to 18,300 tonnes. Ukraine supplied condensed milk and cream to the tune of $31.8 million, which was 19.6% more than in January-May 2016 ($26.6 million).
As was reported, Ukraine in 2016 exported 8,050 tonnes of cheese, which was 25.6% less than in 2015. Imports of cheeses increased by 31.2%, to 7,060 tonnes.