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| Natural Resources |
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Ukraine has substantial natural resources with particular strengths in agricultural production. Though not self-sufficient in energy, the restructuring of Ukraine’s economy over the long run should reduce its dependence on energy imports.
Table. Natural Resources
| Forests
‘000 sq.km | Area under cereal production,
‘000 Ha | Commercial energy prod,
‘000 mtoe | Energy imports,
% of commercial energy usage |
| Czech R. | 26 | 1,606 | 42,697 | 22 |
| Hungary | 17 | 2,820 | 14,886 | 50 |
| Poland | 87 | 8,575 | 121,848 | 6 |
| Romania | 62 | 6,177 | 52,587 | 32 |
| Russia | 7,635 | 52,901 | 749,289 | -54 |
| Slovakia | 20 | 868 | 3,416 | 72 |
| Ukraine | 92 | 12,225 | 109,708 | 49 |
Source: World Bank, 1998
Source: Flemings/SARS Consortium, Report “The Legal and Economic Environment for Foreign Direct Investments in Ukraine”
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