The negative balance of Ukraine’s foreign trade in goods in January-March 2022 decreased by 40 times compared to the same period in 2021 – to $31.6 million from $1271.6 million, the State Statistics Service reported.
According to its data, the export of goods from Ukraine for the reporting period increased by 2.9% compared to January-March 2021, to $14.101 billion, while imports decreased by 5.6%, to $14.132 billion.
The State Statistics Service clarifies that in March, compared to February 2022, the seasonally adjusted volume of exports decreased by 57.9%, to $2.483 billion, and imports, by 75.8%, to $1.663 billion.
The seasonally adjusted foreign trade balance in March 2022 was positive and amounted to $0.819 billion, while in February 2022 it was negative – $0.969 billion.
The export-to-import coverage ratio in the first quarter of this year amounted to 1.00 (in the first quarter of 2021 – 0.92).
The State Statistics Service specified that foreign trade operations were carried out with partners from 214 countries of the world.