Business news from Ukraine

UKRAINE BOOSTS FUEL WOOD EXPORTS BY 23.4% IN JAN-MAY, SAWN WOOD EXPORTS 16.9% UP, WOOD IN ROUGH EXPORTS 22.7% DOWN

9 June , 2016  

KYIV. June 9 (Interfax-Ukraine) – Ukraine increased exports of fuel wood under 4401 foreign trade code (fuel wood, wood in chips or sawdust) in kind by 23.4% in January-May 2016 year-over-year, to 945,173 tonnes (766,206 tonnes in January-May 2015).

According to customs statistics made public by the State Fiscal Service of Ukraine, in monetary terms exports of these products grew by 28%, to $42.528 million ($33.221 million).

Exports were mainly made to Romania (33.79% of total supplies in money terms), Turkey (25.66%) and Poland (8.98%).

Ukraine also imported 127,000 tonnes of these products worth $23,000 in January-May 2016, while a year ago the country imported 108,500 tonnes worth $41,300.

Fuel wood was mainly imported from Germany (66.67% of total supplies), Lithuania (12.5%) and Poland (12.5%).

Ukraine decreased exports of wood in the rough under 4403 foreign trade code in kind by 22.7% in January-May 2016 year-over-year, to 895,909 tonnes (1.159 million tonnes in January-May 2015).

In monetary terms exports of these products fell by 34.6%, to $53.808 million ($82.317 million). Exports were mainly made to Romania (41.14% of total supplies in money terms), China (34.4%) and Turkey (15.17%).

Ukraine also imported 3,767 tonnes of these products worth $272,000 in January-May 2016, while a year ago the country imported 3,975 tonnes worth $296,900. Wood in the rough was mainly imported from Russia (99.63% of total supplies).

Ukraine increased exports of wood sawn or chipped lengthwise of a thickness exceeding 6 mm under 4407 foreign trade code in kind by 16.9% in January-May 2016 year-over-year, to 819,203 tonnes (700,722 tonnes in January-May 2015).

In monetary terms exports of these products grew by 16%, to $166.527 million ($143.588 million). Exports were mainly made to Turkey (19.59% of total supplies in money terms), Poland (11.24%) and Hungary (10.75%).

Ukraine also imported 1,438 tonnes of these products worth $771,000 in January-May 2016, while a year ago the country imported 588,800 tonnes worth $411,400. Wood sawn or chipped lengthwise was mainly imported from Romania (51.17% of total supplies), Poland (14.9%) and Russia (6.87%).