Ukraine boosts electricity exports in monetary terms by 21% in Jan-April

Ukraine in January-April 2018 boosted foreign currency revenue from electricity exports by 21% year-over-year (y-o-y), from US$109 million to US$132.29 million.

Read alsoEnergorynok, Ukrenergo preparing for launch of new electricity market in Ukraine

Hungary accounted for 59% of Ukrainian electricity sold abroad (US$78.4 million), while the share of Poland was 23.5% (US$31.2 million) and that of Moldova was 13.5% (US$18 million), according to Ukraine's State Fiscal Service.

At the same time, the country's electricity imports in the four months totaled US$361,000.

As UNIAN reported earlier, Ukraine in 2018 saw a 40.2% increase in foreign currency receipts from electricity exports, to US$331 million from US$236 million in 2017.

In 2018, Ukraine's electricity exports to Hungary were estimated at US$189.9 million (57.4% of the electricity sales abroad), those to Moldova at US$53.1 million (16%), and to Poland at US$78.7 million (23.8%).