The deficit of foreign trade in goods in January-February 2022 decreased by 1.15% to $0.59 billion compared to the same period in 2021, with exports growing by 37% to $11.57 billion, imports by almost 34.56%, to $12.17 billion, according to the State Customs Service.
According to the customs, the trade turnover of Ukraine in January-February grew by 36% compared to January-February 2021 and reached $23.74 billion.
According to the service, the deficit of foreign trade in goods in February fell by 16.5%, to $0.37 billion compared to February 2022, with an increase in exports by 22.5% to $5.54 billion, imports by almost 22%, to $5.91 billion.
Trade in February increased by 22.3% to $11.45 billion, according to data on the service’s website.
According to customs statistics for January-February 2022, Ukraine received the largest volume of trade during this time with China ($67.8 billion, export $24 billion, import $43.6 billion), Russia ($52.2 billion, export $17, 5 billion, import $34.6 billion), Poland ($39.6 billion, export $18.6 billion, import $21 billion).
As reported, in 2021, the deficit of foreign trade in goods amounted to $5.1 billion compared to $4.72 billion in 2020. Import of goods at the end of the year increased by 35.6% compared to 2020, to $73.3 billion, export by 38.3%, to $68.2 billion.
Prime Minister Denys Shmyhal says the government is actively developing mechanisms for stable supplies of food, medicine and essential goods throughout the country.
“Now the government is actively developing mechanisms for stable supplies of food, medicine and essential goods throughout the country,” Shmyhal said in a video message on Wednesday afternoon.
According to the prime minister, at the moment the Coordinating Center for the Provision of Food Products, Medicines, Drinking Water and Fuel is operating under the leadership of First Deputy Prime Minister and Minister of Economy Yulia Svyrydenko, and the Humanitarian Aid Coordination Center is also operating under the leadership of Deputy Prime Minister for European and Euro-Atlantic Integration Olha Stefanishina.
Nova Poshta Global, a member of the Nova Poshta group of companies, has begun delivering goods from online stores in Spain and France, you can now order them through the NP Shopping website, the company’s press service said.
“Our customers got direct access to some of the best products in terms of quality and range. Spain is a country of shopping for your favorite brands, where you can buy products from the first collections much cheaper than ours. And in French online stores it’s easy to find exclusive goods and please yourself what you can’t find in our stores, or buy a third cheaper than in Ukraine. Our goal is for everyone to be able to buy goods around the world as easily and with pleasure as in Ukrainian stores,” Olha Volodina, the deputy director for products development and marketing of Nova Poshta Global, said.
The company notes that the cost of delivery of the order depends on the weight of the package: 0-1 kg – from $5, 1-5 kg – from $4; 5-30 kg – from $3.5.
Currently, online stores from nine countries are already available for ordering through the NP Shopping website: the United States, Italy, Turkey, China, UK, Germany, Poland, France and Spain.
Nova Poshta Global has been providing international express delivery services since 2015. In 2021, the company delivered over 9.3 million international parcels, up 32% from 2020 volumes.
The deficit of Ukraine’s foreign trade in goods in January 2022 grew by 18.8% compared to the same period in 2021, to $.22 billion with an increase in exports by 53%, to $6.03 billion, and imports by almost 49%, to $6.25 billion, according to the State Customs Service of Ukraine.
Thus, the trade turnover of Ukraine in January rose by 51% compared to January 2021 and reached $12.28 billion.
As reported, in 2021, the deficit of foreign trade in goods amounted to $5.1 billion compared to $4.72 billion in 2020. Import of goods at the end of the year increased by 35.6% compared to 2020, to $73.3 billion, export by 38.3% to $68.2 billion.
The transport enterprises of Ukraine (excluding the territory of the Autonomous Republic of Crimea and Sevastopol, as well as part of the JFO zone) in 2021 increased transportation of goods by 3.3% compared to 2020 – up to 619.9 million tonnes, the State Statistics Service reported.
According to its data, the cargo turnover of carriers for 2021 amounted to 99.7% of the figure for 2020 – 289.254 billion tonne-kilometers.
According to statistics, in 2021, some 314.3 million tonnes of goods were transported by rail in domestic traffic and for export, which is 2.9% more than in 2020. Some 222.6 million tonnes (up 16.2%) were transported by road, 5.3 million tonnes (down 4.8%) by water, 77.6 million tonnes (down 20.4%) by pipeline, 100,000 tonnes by air (down 7.3%).
Fierce competition in all industries and the rampant development of information and communication technologies constantly require businesses to look for new means to expand markets.
In August 2021, the Ukrainian Exporters Club launched a new online “Digital expo – Ukrainian Products and Services” Project. The Scope of the Project is to draw the attention of foreign importers, distributors, representatives of trading networks to Ukrainian products, attract them to cooperation and, thus, increase Ukrainian exports.
Digital expo is a web resource where only Ukrainian companies are represented. Each of them has its own web site with a scope of activities description, photos and presentations of products and services and a feedback form to send requests for cooperation. For ease of search, all companies are grouped by main categories, namely:
PRODUCTS:
Metallurgy and Metalworking Production
Energy and Raw Materials Resources
Agriculture and Animal Husbandry
Food Industry
Mechanical Engineering
Vehicles and equipment
Chemicals and Pharmaceuticals Industry
Agriculture
Wood and Furniture
Construction Industry and Public Works
Glass and building materials
Precision equipment
Electrical and electronic equipment
Textiles and clothing
Luxuries
Products for sports and recreation
SERVICES:
Information Technology
Printing and publishing
Transport and related services
Marketing, Advertising and Mass Media
Banking
Finance and Insurance
Business services
Health Care
TOURISM
Digital expo is three sites, each in its own language: in Ukrainian, English and Chinese. This is done in order to improve market coverage and increase the confidence of foreign companies located in different regions of the world.
In fact, “Digital expo – Ukrainian Products and Services” is not a new project of the Ukrainian Exporters Club. It is a modernized, updated and adapted to modern market needs “Inspired By The Best In Ukraine” Project, which was created in 2015.
The previous project was supported by DHL and the EBRD at various stages of its life. It presented Ukrainian products and services at the international exposition IF CHINA in Beijing in 2016 and CIIE in China in 2019.
In the summer of 2021, the electronic catalogues of the Ukrainian Exporters Club became Digital expo.
In the last 3 months (June to August) of 2021, the exhibitors received more than 10,000 requests for cooperation from Malaysia, Poland, Turkey, China, Korea, Baltic States and other countries.
The modern project has become even better. It participates in international online expositions, including: worldexpo, expotobi, food1.com, echemi.com, infobel.com, foodfocus.co.za and others.
“Digital expo – Ukrainian Products and Services” is supported by world and Ukrainian reputable organizations, including: Ministry of Economy of Ukraine, Kyiv Chamber of Commerce and Industry, Entrepreneurship And Export Promotion Office, Euromonitor International and Others. The general media partner of the exposition is the Interfax-Ukraine News Agency.
You can learn more about the “Digital expo – Ukrainian Products and Services” Project and apply for participation at the link: https://inspiredbythebestofukraine.ticketforevent.com/ru/home/40010/
DIGITAL EXPO, GOODS, ONLINE PROJECT, SERVICES, THE CLUB OF EXPORTERS
