The growth of consumer prices in Ukraine in 2021 accelerated to 10% from 5% in 2020 and 4.1% in 2019, the State Statistics Service reported. According to its data, in December this year, inflation fell to 0.6% from 0.8% in November, while in December last it was even higher – 0.9%. Underlying inflation for the … Read more
According to the trade monitoring data from January to September 2021, Ukraine ranks 4th in EU’s agri-food imports and 14th in agri-food exports from EU countries. The information on the results of EU agri-food trade in January-September 2021 was published on the website of the European Commission on Tuesday, the results concerning Ukraine are reflected in the … Read more
We have a record result of Ukrainian exports in 2021: 68.24 billion dollars! The Minister of Economy Yulia Svyridenko wrote about this on her Facebook page. Ukraine had previous figures of this level in 2011 ($68.39 billion) and in 2012 ($68.81 billion). “We are also waiting for good news on February 15, when the general … Read more
Ukraine’s international reserves in 2021 grew by 6%, or $1.8 billion, the National Bank of Ukraine has said. “According to preliminary data, Ukraine’s international reserves amounted to $30.941 billion as of January 1, 2022. In 2021, they increased by $1.8 billion or 6%. International reserves have increased as Ukraine received external financing and the National … Read more
Bilateral trade between China and Ukraine reached a record $15.76 billion from January to October 2021, or a third more than in the same period of 2020. Chinese Ambassador to Ukraine Fan Xianrong said this in an article for Ukrinform on the 30th anniversary of the establishment of diplomatic relations between China and Ukraine. The diplomat noted … Read more
Deputy Prime Minister for European and Euro-Atlantic Integration of Ukraine Olha Stefanishyna states that the agreement on an “industrial visa-free regime” with the European Union will not be concluded in 2022. She said this in an interview with Interfax-Ukraine. “No. I propose to return to this issue closer to the summer of 2022 when I … Read more
Ukrainian confectionery enterprises Kharkiv Biscuit Factory, Lviv Chocolate Workshop, and Grono visited Saudi Arabia with a business mission. During the visit, 3 Ukrainian manufacturers signed agreements with well-known local companies to export their goods to Saudi Arabia and other countries of the Gulf region, as the press service of the department of external affairs informed. “The department of external affairs … Read more
Ukrhydroenergo has put into operation the fourth hydro unit of the Dniester PSP with a capacity of 324 MW. The company’s press service reported this. The total installed capacity of the Dniester PSP reached 1,296 MW in generator mode and 1,684 MW in pumping mode. The plant will consist of seven hydraulic units with a … Read more
Trade between Ukraine and Poland in 2021 will exceed $10 billion for the first time ever, Ihor Baranetsky, head of the economic affairs department at the Ukrainian Embassy in Poland, has told Ukrinform. “Ukraine’s trade with Poland has not only reached pre-COVID levels, but will also have record levels. This year, bilateral trade in goods … Read more
The Ministry of Foreign Affairs presented a new online platform NAZOVNI for diplomats to consult business and support Ukrainian exporters. “What is NAZOVNI? It is a customer relationship management system clear to business. We try to speak the language of business to offer them convenient formats. With the introduction of NAZOVNI system, the Ministry of … Read more