The UkrainianThe Ukrainian--PortuguesePortuguese business forumbusiness forum

Ukraine TodayUkraine Today

GDPGDP

Industrial OutputIndustrial Output Gross Agricultural Output Gross Agricultural Output

Retail Turnover of GoodsRetail Turnover of Goods

Real State Budget Revenues Real State Budget Revenues

Real Disposable Incomes of PopulationReal Disposable Incomes of Population

Consumer Price IndexConsumer Price Index ((May 2008 May 2008 to December 2007to December 2007))

Hryvnia depreciated to USD Hryvnia depreciated to USD (June, 1)(June, 1)

Natural Persons DepositsNatural Persons Deposits (May, 1)(May, 1)

8.0%8.0%

0.1%0.1%

16.6%16.6%

17.7%17.7%

4.0%4.0%

13.8%13.8%

6.2%6.2%

14.6% 14.6%

JanuaryJanuary--AprilApril 20082008

cumulative since the beginning of the year versus previous period:

MayMaysince the beginning of the 2008:

29.0%29.0%

Ministry of Economy of Ukraine

Foreign Trade of UkraineForeign Trade of Ukraine(Goods and Services)(Goods and Services)

-1368.8-734.4

100.4128.0 130.2

132.2129.8

-110

-70

-30

10

50

90

130

І quarter 2006 І quarter 2007 І quarter 2008

perc

ent c

hang

e ov

er t

he

prev

ious

yea

r

-4600

-3200

-1800

-400

1000

2400

3800

5200m

ln. U

SD

(right scale ) - Balance

(left scale) - Exports

(left scale) - Imports

by foreign trade balance data by payment balance data

І quarter 2008 Exports 16350 mln. USD

Imports 17632* mln. USD

2007

Exports 64001 mln. USD

Imports 71877 mln. USD

Ministry of Economy of Ukraine

671

-3068-7876

127.4113.2107.5

120.4 122.0134.8

-70

-30

10

50

90

130

2005 2006 2007

perc

ent c

hang

e ov

er th

e sa

me

peri

od o

f the

pre

viou

s ye

ar

-8000

-5500

-3000

-500

2000

4500

7000

9500

12000

14500

17000

mln

. USD

(right scale ) - Balance (left scale) - Exports (left scale) - Imports

* - data excludes import volumes of natural gas.

Dynamics of Foreign Goods TradeDynamics of Foreign Goods Trade

Export Import Balance

1997 14231.9 17128.0 -2896.1

1998 12637.4 14675.6 -2038.2

1999 11581.6 11846.1 -264.5

2000 14572.5 13956.0 616.5

2001 16264.7 15775.1 489.6

2002 17957.1 16976.8 980.3

2003 23066.8 23020.1 46.7

2004 32666.1 28996.8 3669.3

2005 34228.4 36136.3 -1907.9

2006 38368.0 45038.6 -6670.6

2007 49248.1 60669.9 -11421.8

January-March 2008 13790.7 16233.2* ...

.

GoodsGoods, , mln.USDmln.USD

Ministry of Economy of Ukraine * - data excludes import volumes of natural gas.

137,2134,5 133,1 135,1 134,3 132,8 131,9

130,0127,6 127,3 127,9 128,4

126,2128,5

114,0

100

110

120

130

140

І І - ІІ І - ІІІ I - IV I - V I - VІ I - VII І -VIII І - ІX І - X І - XI І - XII

(%)

2007 2008

Dynamics of Foreign Goods Trade ExportDynamics of Foreign Goods Trade Export (percent change over the same period oh the previous year, %)

Foreign Direct Investment

32895.7

16890.0

21607.3

29530.9

9047.06794.4

5471.84555.33875.0

18.1 17.6 20.1 24.233.2

86.7

27.936.7

11.4

0

5000

10000

15000

20000

25000

30000

35000

01.01.2001 01.01.2002 01.01.2003 01.01.2004 01.01.2005 01.01.2006 01.01.2007 01.01.2008 01.04.2008

mln

. US

D

0

20

40

60

80

100

120

140FDI Inflow, (right scale )

Net growth as to the previouse period, (left scale)

Ministry of Economy of Ukraine

(%)

Net Growth (US $ in millions)

593.2 680.3 916.5 1322.6 2252.6 7843.0 4717.3 7923.6 3364.8

change over the same period of the previous year (%)

125.9 114.7 134.7 144.3 170.3 348.2 60.1 168.0 397.2

I Q 20082007 2006 2000 2001 2004 2002 2003 2005

UkrainianUkrainian--PortuguesePortuguese trade and economic trade and economic

cooperationcooperation

Dynamics of overall turnover between Dynamics of overall turnover between Ukraine and Portugal forUkraine and Portugal for 200 20022 – 200 – 20077

((mln. US$mln. US$))

Source: State Committee of Statistics of Ukraine

IndexIndex 20022002 20032003 20042004 20052005 20062006 20072007

Foreign Trade Foreign Trade TurnoverTurnover

95,495,4 71,171,1 64,664,6 60,860,8 84,184,1 146,1146,1

Incl.Incl. – – goodsgoods 92,592,5 60,660,6 48,948,9 47,847,8 66,966,9 118,0118,0

–– servicesservices 2,92,9 10,510,5 15,815,8 13,013,0 17,217,2 28,128,1

ExportExport 84,384,3 52,052,0 39,139,1 3030,,55 49,649,6 90,790,7

Incl.Incl. – – goodsgoods 82,582,5 44,544,5 27,127,1 19,919,9 37,437,4 80,780,7

–– servicesservices 1,81,8 7,57,5 12,012,0 1010,6,6 12,212,2 9,99,9

ImportImport 11,211,2 19,119,1 25,625,6 30,330,3 34,534,5 55,455,4

Incl.Incl. – – goodsgoods 10,110,1 16,116,1 21,821,8 27,927,9 29,629,6 37,337,3

–– servicesservices 1,11,1 33,0,0 3,83,8 2,42,4 5,05,0 18,118,1

BalanceBalance 73,173,1 32,932,9 13,513,5 0,20,2 15,115,1 35,335,3

The structure of Ukrainian export The structure of Ukrainian export

to Portugal in to Portugal in 2002007 year7 year

Source: State Committee of Statistics of Ukraine

Industry %

Agricultural products 95

Ferrous metallurgy 1,2

The structure of Ukrainian import The structure of Ukrainian import

from Canada in from Canada in 2002007 year7 year

Source: State Committee of Statistics of Ukraine

Industry %

Equipment and mechanisms 28,7

Wood and products 23,3

Textiles and products 10,2

Chemical production 9,2

Did You knowDid You know

Ukraine has number one granite reserve in the world with 45% of the world reserve

Ukraine is on 6th place in the world in production capacity of metals and mining

40% of the global production of manganese ore is located in Ukraine

56% of Ukraine’s land is arable and 1/3 of the world’s “black soil” is found in Ukraine

In 2005 Ukraine was rated 5th in terms of the number of certified IT specialists by Brainbench

Ukrainians is 1st largest country by its territory in Central and Eastern Europe

Source: Ministry of Economy of Ukraine

Ukrainian Government efforts to improve Ukrainian Government efforts to improve economic stability in the countryeconomic stability in the country

Ukraine was moved from the sixth Ukraine was moved from the sixth credit risk credit risk groupgroup to the to the fifth onefifth one

Is approved by the European Union Is approved by the European Union and the USA as a market economy and the USA as a market economy countrycountry

May 16, 2008, in accordance with the WTO May 16, 2008, in accordance with the WTO procedures, Ukraine has become procedures, Ukraine has become official World official World Trade OrganizationTrade Organization membermember

The history of the negotiations process on The history of the negotiations process on Ukraine’s WTO accessionUkraine’s WTO accession

• The WTO membership negotiations took 14 yearsThe WTO membership negotiations took 14 years

• Were conducted and completed negotiations on goods and Were conducted and completed negotiations on goods and services market access with 52 Working Party membersservices market access with 52 Working Party members

• Were held 17 official meetings of the Working Party on Ukraine’s Were held 17 official meetings of the Working Party on Ukraine’s accession to the WTOaccession to the WTO

• In terms of legislative support of Ukraine’s WTO accession during In terms of legislative support of Ukraine’s WTO accession during 2005-2007 Verkhovna Rada of Ukraine adopted 49 Laws2005-2007 Verkhovna Rada of Ukraine adopted 49 Laws

Having become the WTO member, Ukraine is able to Having become the WTO member, Ukraine is able to take position on the global arena as a reliable trade take position on the global arena as a reliable trade partner and attractive object for investmentspartner and attractive object for investments

We offer partnership and active cooperation We offer partnership and active cooperation for mutual profitfor mutual profit

We are opened for dialogue and interested in We are opened for dialogue and interested in productive relationship and meaningful productive relationship and meaningful

cooperation with the business and financial cooperation with the business and financial circles of Portugal circles of Portugal