Business news from Ukraine

DEFICIT OF UKRAINE’S FOREIGN TRADE IN GOODS 27% UP IN JAN-MAY 2019

16 July , 2019  

The deficit of Ukraine’s foreign trade in goods in January-May 2019 increased by 27.4% compared with January-May 2018, to $2.634 billion, the State Statistics Service has reported. According to its data, export of goods from Ukraine for the specified period grew by 7.4%, to $20.895 billion, while imports by 9.3%, to $23.529 billion.
The service said that in May 2019 the seasonally adjusted export volume increased by 5.4% compared to April 2019, to $4.368 billion, while imports by 4.3%, to $5.257 billion.
The seasonally adjusted foreign trade balance in May was also negative and amounted to $890 million, which is 1.1% more than in the previous month.
The service said that foreign trade operations were carried out with partners from 211 countries of the world.
The ratio of coverage of imports by exports amounted to 0.89.

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