# Presentation: 868023

## UKRAINE

**UKRAINE**

- A Place to Discover

## UKRAINE

**UKRAINE**

- Location:

**Eastern Europe, bordering the Black Sea, between Poland, Romania, and Moldova in the west and Russia in the east **

- Area:**           ****603,700 sq km / slightly smaller than Texas****  **

- Unemployment rate:        **6.7% (2006)**

- Borders:     **  ****Belarus, Hungary, Moldova, Poland, Romania, Russia, Slovakia**

**UKRAINE**

- Literacy:_[ ](https://www.cia.gov/cia/publications/factbook/docs/notesanddefs.html#2103)_           **total population: 99.7%**

- Population:    **46 million**

## UKRAINE

- Imports:**                ****energy, machinery and equipment, chemicals **

- Exports:_[ ](https://www.cia.gov/cia/publications/factbook/docs/notesanddefs.html#2049)_                 **ferrous and nonferrous metals,  fuel and petroleum products, chemicals,**
**                                    ****machinery and transport equipment, food products**

- GDP:**                      ****$355.8 billion**

- GDP growth:**        ****7 % (2006 est.)**

- GDP - per capita:_[ ](https://www.cia.gov/cia/publications/factbook/docs/notesanddefs.html#2004)_  **$7,600 (2006**)

**UKRAINE**

- DFI:                    **$21.18 billion total  (25,4% increase in 2007 compared to 2006)**

## U.S. – UKRAINE Exports

**U.S. – UKRAINE Exports**

**Total Exports to Ukraine:    756 million USD**

**UKRAINE**

## UKRAINE

**Total Imports from Ukraine:    1,6 billion USD**

**UKRAINE**

**U.S. – UKRAINE Imports**

## UKRAINE

**UKRAINE**

## UKRAINE 

**UKRAINE **

## Market Opportunities

**Market Opportunities**

-  ***Infrastructure development***

-  ***An expanding consumer market***

-  ***Energy Alternatives***

*** ******Low-cost manufacturing***

## Ease of Doing Business (World Bank comparison 2006)

**Ease of Doing Business (World Bank comparison 2006)**

***128 rank ******	******(out of 175 countries)***

## Paying Taxes (World Bank est. 2006)

**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***

## Trading Across borders (World Bank est. 2006)

**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***

## Enforcing Contracts (World Bank est. 2006)

**Enforcing Contracts (World Bank est. 2006)**

***Number of  procedures******	******	******	******28***
***Time (days)******	******	******	******	******	******183***
***Cost (% of debt)******	******	******	******	******16.0***

##  think  BIG

**Market Entry Strategy**

-  ***think ****** ******BIG***

* ****think long term***

-  ***be***** *****prepared***

## UKRAINE

**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