BAKU, Azerbaijan, February 8
By Jeila Aliyeva - Trend:
Ukraine’s OKKO GROUP plans to expand the automotive fuel market, including through purchases of petroleum products from Turkmenistan, Trend reports with reference to Nebit-Gaz electronic newspaper.
OKKO’s Vice President Yuriy Kuchabsky noted that with a favorable market situation, OKKO can increase the volume of fuel imports to Ukraine from Greece, Bulgaria, Turkey, Turkmenistan, and other countries, in particular 150,000-200,000 tons per year.
As earlier MFA of Ukraine told Trend, according to the State Statistics Service of Ukraine, for 9 months of 2020, which is available up to date, the foreign trade turnover of goods with Turkmenistan amounted to $ 51 million.
Export of goods amounted to $36.2 million, and import - $ 14.8 million. The positive balance for Ukraine is $ 21.4 million.
“The main items of export of goods to Turkmenistan for 9 months of 2020 were ferrous metal products (29.1 percent in the structure, amounted to $ 10.5 million); nuclear reactors, boilers, machines (10.7 percent in the structure, amounted to $ 3,9 million); pharmaceutical products (9 percent in the structure, amounted to $ 3.3 million); railway locomotives (6.8 percent in the structure, amounted to $ 2.5 million); milk and dairy products, poultry eggs, honey (5.3 percent in structure, amounted to $ 2 million); finished grain products (5.1 percent in the structure, amounted to $ 1.9 million),” said the ministry.
According to the Ukrainian MFA, the main items of imports of goods from Turkmenistan for the same period in 2020 were mineral fuels, oil, and its products of distillation (54.3 percent in the structure, amounted to $ 8.04 million); plastics, polymeric materials (13.8 percent in structure, amounted to $ 2.05 million); cotton (8.4 percent in the structure, amounted to $ 1.2 million).
“In 2020, despite the problems caused by the global pandemic, Ukraine has managed to maintain positive dynamics of bilateral trade in goods, in particular, the positive balance for Ukraine increased by 68.2 percent ($ 21.4 million). Export of meat and other food products from Ukraine also increased (amounted to $ 3.6 million),” concluded the ministry.
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