Since the beginning of 2018, 45,000 passengers have been transported through the Baku International Sea Trade Port, up by 50% YoY. According to the port, this is a record figure for Azerbaijan in terms of passenger transportation by sea over the past 20 years. It is expected that 47,000 passengers will have used the services…
In 11 months of 2018, Kyrgyzstan exported 24,600 tons of dairy products, the Director of the State Inspectorate for Veterinary and Phytosanitary Safety Kalysbek Zhumakanov announced. According to him, the export of dairy products has almost doubled compared to January-November 2017. “Last year, we exported 14,700 tons to the EEU countries. This year, our entrepreneurs…
The share of Ukraine’s shadow economy totaled 32% of GDP in the first half of 2018, down by 3% YoY, the press service of the Economic Development Ministry reports. According to the ministry, the shadow economy in Ukraine declined due to maintaining macroeconomic stability, creating favorable conditions for doing business in Ukraine and preserving the…
Ukraine’s large and medium-sized crushers produced 17.5 thousand tons of margarine in October, down by 9.8% MoM (19.4 thousand tons) and by 23% YoY (22.7 thousand tons). Margarine production in January-October8 was down by 3.4% YoY against a 0.6% delay reported a month earlier. The seasonal rise in output indicators is observed this year, but…
Georgia’s economic performance remains strong, but downside risks to the outlook have increased, reads the third review of the International Monetary Fund (IMF) of Georgia’s performance under the 3-year Extended Fund Facility (EFF). The executive board of the IMF completed the third review on December 19. The completion of the review will release about $41.6…
According to a press release by SEB, purchases made on the websites of Estonian online retailers increased by almost 70% in volume over the first three quarters of 2018. Thrown in together, purchases made using cards as well as online increased in volume by some 30% this year as well. The trend is in line…
The freight traffic in January-November made 542,366 ton-kilometer, up by 7.9% YoY, the Statistics Committee of the National Economy Ministry reports. In particular, rail freight turnover grew by 8.7% in the accounting period. Flow of traffic rose by 5.2% in January-November settling at 3,703 billion tons. The passenger turnover hit 257,181 billion passenger-kilometers in the…