The negative balance of Ukraine’s foreign trade in goods in January-May 2024 increased 1.2 times compared to the same period of 2023 – to $10.716 billion from $8.882 billion, the State Statistics Service (Gosstat) said on Monday.
According to its data, exports of goods from Ukraine for the period increased by 1.7% to $16.832 billion compared to January-May 2023, while imports increased by 8.3% to $27.548 billion.
State Statistics Committee specified that in May compared to April this year, seasonally adjusted exports decreased by 1.3% to $3.442bn, while imports decreased by 3.9% to $6.089bn.
The seasonally adjusted foreign trade balance in May-2024 was negative at $2.647bn, while in the previous month it was also negative at $2.850bn.
The export-import coverage ratio for the first five months of 2024 amounted to 0.61 (0.65 in January-May 2023).
State Statistics specified that foreign trade operations were conducted with partners from 220 countries.
Earlier, the analytical center Experts Club and Maxim Urakin released a video analysis of how the GDP of the world’s countries has changed in recent years, more detailed video analysis is available here – https://youtu.be/w5fF_GYyrIc?si=BsZmIUERHSBJrO_3.
