The Treasurer’s Guide to Trade Finance

Ukraine

Ukraine imports exports

Trade information

Key trading partners

Imports by origin

Russian

Federation 35.3%

EU 31.2%

China 7.6%

Belarus 5.1%

USA 3.1%

Other 17.7%

Source: WTO, September 2012

Exports by destination

Russian

Federation 29.0%

EU 26.3%

Turkey 5.5%

India 3.3%

China 3.2%

Other 32.7%

ƒ Residents require the permission of

the State Securities and Stock Market

Commission to issue/sell securities abroad,

while NBU approval must be obtained for

residents to purchase securities abroad.

ƒ Financial and personal loans from non-

residents to residents must be registered

with the NBU, except for loans obtained

under state guarantees.

ƒ Commercial loans from residents to non-

residents may only exceed 180 days with

NBU approval.

Bank accounts

Permission to hold currency accounts

Within

Ukraine

Outside

Ukraine

UAHForeign currencyUAHForeign currency

Resident

company ✔ ✔ No ✔

*

Non-resident

company ✔

* ✔* No N/A

* Permitted with NBU approval.

Principal exports

Ferrous and non-ferrous metals, fuel and

petroleum products, chemicals, machinery and

transport equipment, and food products.

Import/Export documentation

Imports

ƒ Commercial invoice, bill of lading, customs

declaration and a certificate of origin.

ƒ Import contracts must be presented in order

to buy foreign currency to purchase imports.

Licences

Imports

ƒ Goods/items that are subject to international

controls.

Exports

ƒ Goods/items that are subject to international

controls.

ƒ Licences with quotas: alcohol, coal and

precious scrap metals.