KYIV. Aug 18 (Interfax-Ukraine) – The surplus of Ukraine’s foreign trade in goods in June 2015 demonstrated a positive trend for a fifth month in a row and amounted to $388.6 million against $296.1 million in May 2015 and $229.3 million in April 2015, the State Statistics Service reported on Wednesday.
The surplus of Ukraine’s foreign trade in goods in June 2015 from June 2014 soared by 6.4 times.
Goods exports in June 2015 declined by 29.3%, to $3.13 billion, while imports fell by 37.2%, to $2.74 billion.
The rate of foreign trade decline slowed, particularly in imports: in May 2015 exports of goods from Ukraine decreased by 41.2% year-on-year, while imports by 45.9%, in April by 39.3% and 39.2% respectively.
Exports in June 2015 from May 2017 grew by 7.7%, while imports rose by 5%.
In the first half of 2015, goods exports declined by 35% year-over-year, to $18.53 billion, while imports fell by 38.5%, to $17.28 billion, while the surplus more than tripled to $1.25 billion.
The service said that the share of Russia in the structure of exports fell from 20% in January-June 2014 to 12.5% in January-June 2015, and imports fell from 29.1% to 16.6% respectively.
At the same time, the share of exports to China increased from 5.1% to 7.9%, Turkey from 6.4% to 8%, Egypt from 4.9% to 6%, India from 3.4% to 3.9%, Germany from 2.9% to 3.4%, Italy from 5% to 5.1%, whereas exports to Poland decreased from 5.2% to 5%.
The share of Hungary in the structure of imports grew from 2.1% to 5.4%, Germany from 8.2% to 11.2%. Shipments from China rose from 8.9% to 10.2%, Poland from 5.2% to 6.2%, France from 2.5% to 2.7%, the United States from 3.7% to 4.1%, however Belarusian exports dropped from 6.9% to 6.4%.
The coverage ratio of imports by exports totaled 1.07.
Foreign trade operations were performed with partners from 207 countries.
Exports of goods to the EU amounted to $6.063 million, or 32.7% of total exports, and decreased compared to the first half of 2014 by 35.6%.
The basic goods of Ukrainian exports were metals and articles thereof 27.2%, herbal products amounted to 18.2%, electrical and mechanical machinery 9.9%, fat and oil of animal or vegetable origin and mineral products 8.7%, chemicals 6.5%, and food 6.4%.
Imports of goods from the EU amounted to $7.390 billion, or 42.8% of the total volume, a fall compared to the first half of last year by 25.7%.
Mineral products accounted for 32.1% of total imports, mechanical and electrical machinery 14.8%, chemicals 14.1%, plastics goods 6.9%, non-precious metals 5.3%, food 4.3%, and herbal products 4%.
