Contents tagged with export

  • Poland plans to increase gas exports to Ukraine

    In 2016, Poland exported more than 400 million cubic meters of natural gas to Ukraine. That amount may increase many times over in the future, as reported by Radio Poland citing by the deputy head of the oil and gas concern PGNiG, Matthew Wozniak. He noted that gas is sold to Ukraine at a profit and within the framework of a safe payment system.

    “We hope that PGNiG will expand and increase the capacity of its gas pipeline in the Germanovitse station, which links Ukraine to Poland, and thus …

  • Russia's arms exports estimated to stay at $14 billion level in 2017

    In 2017, Russia is expected to export arms and military equipment worth about $14 billion, Interfax reported.Last fall, Alexander Fomin, the head of the Federal Service for Russia’s Military-Technical Cooperation (FS MTC), reported that the expected weapon exports for 2017 are worth $14 billion. At the Army-2016 forum, when answering questions about military equipment, Fomin said that Russia had sold arms and military equipment to the tune of about $14 billion and "approximately the same …

  • Ukraine increased export of Christmas toys

    During 2016, Ukraine increased its export of New Year’s toys and decorations, opened a number of new markets, and also reduced trade levels of these goods with Russia, as was stated by a Sales Representative of Ukraine, Nataliya Mykolska, in her column published in Yevropeyska Pravda.

    "Our toys are available in 25 countries and their exports are growing. For the last 10 months of this year, we have exported goods worth $4.5 million, while exports during the same period last year grew at only 16 …

  • Trade between Russia and Germany has fallen significantly

    Countries of the former Soviet Union are becoming increasingly unimportant for German business. The volume of export-import operations with major countries of the region, excluding Ukraine, fell significantly. Evidence of this can be found in the data, for the first half of 2016, of the Federal Statistical Office of Germany.

    DW reported that this data was exclusively obtained and then distributed to journalists by the German Committee on Eastern European Economic Relations, which is the …

  • Ukrainian exports to the EU are increasing

    Overall, exports have fallen by 11% over the first five months in 2016, but exports to EU countries have increased by 4.5%.

    In the first five months of 2016, the export of goods from Ukraine fell by 11.5% in comparison to the same period in 2015, and made $13.7 billion, the Ministry of Economy reports.

    “The results of the first five months of 2016, as compared with the same period in 2015, show that the export of goods fell by 11.5% and made $13.7 billion. A significant slowdown in the …

  • Ukraine exported $2 billion of IT services in 2015

    Exports of Ukrainian IT services, particularly software development made more than $2 billion in 2015, making IT the third largest export in the country, as reported by Deputy Head of the Presidential Administration of Ukraine on Administrative, Social and Economic Reforms, Dmytro Shymkiv, UKRINFORM reports.

    "Few people are talking about it, but in 2015, the export of IT services, in particular software from Ukraine, was $2 billion, which made this the third largest export," Shymkiv said.

    He …

  • Russia has to compete with Ukraine and Romania on the grain market

    Record yields of wheat in Ukraine and Romania reduced grain export prices, forcing Russian grain to compete with them. Bloomberg cited data from the Institute for Agricultural Market Studies stating that wheat export prices declined by 1.8% ($162 per ton) as a result of bumper crops.

    According to the U.S. Department of Agriculture, Russia and Romania are set for record crops and Ukraine is expected to reap its third-biggest since the breakup of the Soviet Union in 1991. “Ukraine, Romania and …

  • US Department of Agriculture increases forecast of Ukraine's crop and grain harvest

    In July, the United States Department of Agriculture (USDA) increased the forecast of Ukraine’s crops and grain harvest for the year 2016-2017. According to a report on the USDA website, the grain harvest will be up to 61.225 million tons, an increase of 2.4%. Grain exports will be up to 33.63 million tons, an increase of 3%.

    The forecast of the corn crop was unchanged at the level of 26 million tons. The barley harvest forecast was increased from 8.65 million tons to 9.1 million tons. …

  • Ukraine receives invitation to export pork to South Africa

    The Ukrainian Consumption Safety Service received an official letter from the country’s Embassy in the RSA

    The Ukrainian Service for Safety of Foodstuffs and Consumer Protection received an official letter from the Ukrainian Embassy in the Republic of South Africa offering to import Ukrainian pork into the RSA’s market, the statement of the Association of Swine Producers reads, citing the head of the Service, Vladimir Lapa.

    Swine producers in Ukraine have repeatedly complained that …

  • Ukraine promises to increase food exports to Turkey in response to Russian sanctions

    Ukraine made a statement about its readiness to ensure food security for Turkey in case of export restrictions from the Russian side. Kiev intends to increase export of grain, corn and oil to the Turkish market. The Minister of Agrarian Policy and Food of Ukraine, Alexander Pavlenko, posted on his Facebook page, November 29, a statement which explains that Ukraine is ready to provide food for Turkey.

    According to Pavlenko, if traditional partners of Turkey suspend grain export, Ukraine is …