Business news from Ukraine

Business news from Ukraine

SURPLUS OF UKRAINE’S FOREIGN TRADE IN SERVICES IN Q1 INCREASES BY 2%

The surplus of Ukraine’s foreign trade in services in January-March 2019 increased by 2% compared with January-March 2018, to $1.489 billion ($1.461 billion in Q1 2018), the State Statistics Service has reported. Exports of services in January-March 2019 grew by 12.3%, to $2.877 billion, while imports of services rose by 26.1%, to $1.388 billion.
The ratio of coverage of imports by exports was 2.07 in January-March 2019 (2.33 in Q1 2018).
Foreign trade operations in the service sector were carried out with partners from 214 countries.