Business news from Ukraine

UKRAINE KEEPS UNCHANGED EXPORTS OF SEMIFINISHED CARBON STEEL PRODUCTS IN 2018

14 January , 2019  

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%).

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