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Ukraine cuts spending in foreign currency on coal imports — UNIAN

Ukraine spent US$1.43 billion to buy coal abroad in the ten months.

REUTERS

Ukraine in January-October 2020 cut spending in foreign currency costs on imports of coal and anthracite by 44.6% compared to the same period last year, to US$1.43 billion.

This was reported by the country’s State Customs Service on its website.

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During the reporting period, Ukraine imported 13.9 million tonnes of coal compared to 19.1 million tonnes a year before (a 27.2% decline).

Russia, the United States, and Kazakhstan were the largest suppliers during the period.

Coal imports from Russia in monetary terms for the ten months of 2020 amounted to US$869.7 million (60.7%), those from the United States were estimated at US$427.9 million (30%). Ukraine also imported US$ 96.25 million worth of coal from Kazakhstan (6.7%). Coal worth US$38 million was imported from other countries.

Earlier developments

  • In 2019, Ukraine reduced spending in foreign currency on imports of coal and anthracite by 7.2% compared to 2018, to US$2.816 billion from US$3.035 billion.

Read More: Ukraine cuts spending in foreign currency on coal imports — UNIAN

2020-11-09 15:59:00

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