Ukraine: corn exports up in November 2016

According to official information, Ukraine exported roughly 2231.6 KMT of corn in November, up by 19% YoY (1878.8 KMT). Ukrainian corn exports picked up pace by 9% in Q1 2016/2017 against the same period a year ago. Ukraine supplied 3643.5 KMT of corn to foreign markets in September-November (3344 KMT at the same time in…

Ukraine: over 35% of goods exported to EU

Export of Ukrainian goods and services to the European Union countries amounted to 35.7% in January-September, Deputy Economic Development and Trade Minister of Ukraine Natalia Mykolska said. “We see a trend that the EU actually remains our main trading partner, and our exports to the European Union grow. The goods constitute the bulk of exports…

Ukraine: TogliattiAzot ammonia transit to restart in 2017

Ukraine’s state ammonia transportation firm Ukrkhimstransammiak and Russian chemicals producer TogliattiAzot may sign an agreement to resume transit of TogliattiAzot’s ammonia via Ukraine after the New Year holidays, First Deputy Prime Minister Stepan Kubiv said. “Regarding Transammiak – the limit was reached this year, so, correspondingly, an agreement on restoration of this work should be…

Ukraine: seaports grain exports up in mid-late December 2016

On December 17-23, Ukraine exported 761.5 thousand tons of grains from the seaports against 670.1 thousand tons on the previous week.

In particular, wheat shipments reached 322.2 thousand tons, corn – 349.3 thousand tons, and barley – 90 thousand tons. (APK-Inform/Business World Magazine)

Ukraine: GDP growth in 2016 at 1.5%

Ukraine’s GDP growth in 2016 totals around 1.5%, Ukrainian Prime Minister Volodymyr Groysman has said. “This year we will have growth of around 1.5%, while last year we had 10% of decline and 43% of inflation”, he said at a meeting with students of Kyiv Polytechnic Institute. The premier said that he hoped that GDP…

Ukraine: 2017 state budget passed

Overnight into December 21, the Verkhovna Rada (Parliament) passed the state budget for 2017. Fiscal revenues for 2017 are envisaged at 721.4 billion UAH and expenditures at 790.4 billion UAH. The budget deficit was set at 77.5 billion UAH. The following macroeconomic indicators are proposed for 2017: GDP growth at 3-4%; inflation at 8.1%; forecast…

Ukraine: soybeans exports in November 2016

In November Ukrainian soybean exports revived and their monthly total hit a record high. 537.6 KMT of soybeans were exported in November, or almost three times as much as in October (192.1 KMT) and up by more than 20% YoY (445.2 KMT). Export statistics for MY 2016/2017 (September-November) also beats records: shipments to foreign markets…