Business news from Ukraine

The negative balance of Ukraine’s foreign trade in goods in January-August 2022 increased by 2.9 times compared to the same period in 2021 – to $5.421 billion from $1.895 billion, the State Statistics Service (Gosstat) reported on Thursday.

According to its data, the export of goods from Ukraine for the reporting period compared with January-August 2021 decreased by 30.8% – to $28.946 billion, imports – by 21.4%, to $34.367 billion.

The State Statistics Service clarifies that in August this year, compared to July 2022, the seasonally adjusted volume of exports increased by 0.1%, to $3.137 billion, and imports, by 1.3%, to $4.504 billion.

The seasonally adjusted foreign trade balance in August 2022 was negative and amounted to $1.367 billion, while in July 2022 it was also negative and amounted to $1.314 billion.

The State Statistics Service specified that foreign trade operations were carried out with partners from 227 countries of the world.