Industrial production in Ukraine grew by 5.9% in 2023, while in 2022, according to updated data, the decline was 36.7%, the State Statistics Service (Ukrstat) reported.
According to the State Statistics Service, industrial production in Ukraine increased by 22.6% in December 2023 compared to December 2022, with growth of 19.3% in November and 16% in October.
The State Statistics Service reminds that last year, starting in March, industrial production grew: after a 51.2% jump in March, the recovery slowed to 18.2% in April, 17.9% in May, 13.7% in June, 13.8% in July, 15.5% in August, and 11.7% in September.
The statistics agency clarifies that the data exclude the temporarily occupied territories of the Russian Federation and some of the territories where military operations are ongoing.
Overall, production in the manufacturing industry increased by 12.3% last year.
The production of computers, electronic and optical products grew by 58.8%, rubber and plastic products by 20.7%, machine building by 16.7%, furniture by 16.6%, chemical industry by 15.5%, food industry by 15%, metallurgy by 8%, and woodworking by 3.5%.
The largest decline in the manufacturing industry was shown by the production of coke and refined products – 31.4%.
The statistics agency recorded a 2.3% decline in the supply of electricity, gas and steam in 2023, and a 2.2% decline in the mining industry.
Metal ore production fell the most – by 10.2%, coal – by 3.3%, while oil and gas production remained at the level of 2022.
In nominal terms, in 2023, Ukraine sold industrial products (goods and services) worth UAH 3271.43 billion, which is 16.4% more than in 2022 (UAH 2811.57 billion), including UAH 547.02 billion worth of exports.
The turnover of the extractive and processing industry in December 2023 increased by 26.3% compared to December 2022.
In the total sales of industrial products in 2023, the manufacturing industry accounted for the largest share (56%), electricity, gas, steam and air conditioning (31.2%), mining and quarrying (11.7%), and water supply, sewerage and waste (1.1%).
