Business news from Ukraine

UKRAINE BOOSTS OIL AND COAL IMPORTS IN 2018

13 March , 2018  

Ukraine imported 150,577 tonnes of crude oil (according to foreign economic activity code 2709 – petrol, diesel fuel, fuel oil, jet fuel, etc.) worth $80.272 million in January-February 2018, respectively 32% and 54.3% more than in the same period in 2017, the State Fiscal Service has reported.
Ukraine imported $41.757 million worth of oil in February alone.
Imports for the two months of 2018 included crude oil worth $77.587 million from Azerbaijan, $1.844 million from Iran, $295,000 from Hungary and $546,000 from other countries.
Ukraine did not export oil or crude oil in January-February.
Ukraine imported 1.04 million tonnes of petroleum products (foreign economic code 2710 – petrol, diesel fuel, fuel oil, jet fuel, etc.) in January-February 2018 worth $646.651 million. Russia supplied petroleum products worth $257.085 million (39.76% of the total), Belarus $240.383 million (37.17%), Lithuania $62.709 million (9.7%) and other countries $86.473 million (13.37%).
Imports of petroleum products were down 9.8% in natural terms and up 11% in monetary terms.
Ukraine exported 48,633 tonnes of petroleum products worth $29.489 million in January-February, of which $7.94 million to Latvia, $5.346 million to Lithuania, $3.934 million to Hungary, and $12.269 million to other countries.
Imports of coal and anthracite (foreign economic code 2701) rose to 4.015 million tonnes in January-February 2018, a 63% year-on-year increase, worth $516.656 million, 44.5% more.
Ukraine imported coal worth $340.05 million from Russia (58.85% of the total), $149.508 million from the U.S. (28.94%), $48.365 million from Canada (9.36%), and $14.733 million from other countries (2.85%).
Ukraine exported 43,338 tonnes of coal worth $7.8 million in the two months of 2018, including $4.597 million to Russia, $3.201 million to Slovakia, and $2,000 to Hungary.