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UKRAINE

UKRAINE A Place to Discover 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

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UKRAINE

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  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. UKRAINE U.S. – UKRAINE Exports 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 Profit 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 • beprepared

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

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