Business news from Ukraine

Business news from Ukraine

DEFICIT OF UKRAINE’S FOREIGN TRADE GROWS 1.5-FOLD IN JAN-APRIL

15 June , 2018  

The deficit of Ukraine’s foreign trade with goods in January-April 2018 grew 1.5-fold year-over-year, reaching $1.423 billion ($968.6 million in January-April 2017), the State Statistics Service reported on Tuesday. In April, the deficit was $221.6 million, while in March – $460 million, in February – $457 million and in January – $284.1 million.
In January-April 2018, exports of goods grew by 12.8% year-over-year, to $15.457 billion, and imports – by 15.1%, to $16.88 billion.
In April 2018 compared with the previous month seasonally adjusted volumes of exports fell by 3.6% and imports – by 1%. The seasonally adjusted deficit of foreign trade in April 2018 was $577.7 million, in March it was $473.9 million, in February 2018 – $352.9 million and in January – $519.9 million.
As a result, the coefficient of coverage of imports by exports was 0.92 (in January-April 2017 some 0.93).
The service said foreign trade operations were conducted with partners from 210 countries.

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