Business news from Ukraine

DEFICIT OF UKRAINE’S FOREIGN TRADE IN GOODS INCREASES TO $4.936 BLN

14 September , 2019  

The deficit of Ukraine’s foreign trade in goods in January-July 2019 increased by 18.5% compared with January-July 2018, to $4.936 billion, the State Statistics Service has reported.
According to its data, export of goods from Ukraine for the specified period grew by 7%, to $28.748 billion, while imports by 8.5%, to $33.684 billion.
The service said that in July 2019 the seasonally adjusted export volume decreased by 3.7% compared to May 2019, to $4.081 billion, while imports by 0.2%, to $5.248 billion.
The seasonally adjusted foreign trade balance in July was also negative and amounted to $0.956 billion, which is 12.8% less than in the previous month ($1.096 billion).
The service said that foreign trade operations were carried out with partners from 218 countries of the world.
The ratio of coverage of imports by exports amounted to 0.85 (in January-July 2018 0.87).