UKRAINE

1
UKRAINE
A Place to Discover
2
UKRAINE
Location
Eastern Europe, bordering the Black Sea, between
Poland, Romania, and Moldova in the west and
Russia in the east
Borders Belarus, Hungary, Moldova, Poland,
Romania, Russia, Slovakia

Area 603,700 sq km / slightly smaller
than Texas
Population 46 million


Unemployment rate 6.7 (2006)
Literacy total population 99.7
UKRAINE
3
UKRAINE
Imports energy, machinery and
equipment, chemicals
Exports ferrous and nonferrous
metals, fuel and petroleum products, chemicals,
machinery and
transport equipment, food products
DFI 21.18 billion total
(25,4 increase in 2007 compared to 2006)
GDP 355.8 billion

GDP growth 7 (2006 est.)
GDP - per capita 7,600 (2006)
4
U.S. UKRAINE Exports
UKRAINE
Total Exports to Ukraine 756 million USD
5
UKRAINE
U.S. UKRAINE Imports
Total Imports from Ukraine 1,6 billion USD
6
UKRAINE
7
UKRAINE
8
Market Opportunities

• Infrastructure development

• An expanding consumer market

• Energy Alternatives

• Low-cost manufacturing

9
Ease of Doing Business (World Bank comparison
2006)
128 rank (out of 175 countries)
10
Paying Taxes (World Bank est. 2006)
Number of payments 98 Time (hours) 2,185 P
rofit tax () 13.5 Labor tax and
contributions () 45.4 Other taxes
() 1.4 Total tax rate ( profit) 60.3
11
Trading Across borders (World Bank est. 2006)
Number of documents for export 6 Time for
export (days) 33 Cost to export (US per
container) 1,009 Number of documents for
import 10 Time for import (days) 46 Cost to
import (US per container) 1,025
12
Enforcing Contracts (World Bank est. 2006)
Number of procedures 28 Time
(days) 183 Cost ( of debt) 16.0
13
Market Entry Strategy

• think BIG

• think long term

• be prepared

14
UKRAINE
Contact Points
U.S. Foreign Commercial Service
Richard Steffens Commercial Counselor U.S.
Embassy, Kyiv, Commercial Service e-mail
Richard.Steffens_at_mail.doc.gov http//www.buyusa.go
v/ukraine/en http//www.export.gov
BISNIS
Sergiy Polovenko BISNIS (Business Information
Service on Newly Independent States) Representativ
e in Kiev, Ukraine e-mail Sergiy.Polovenko_at_mail.d
oc.gov www.bisnis.doc.gov