Business news from Ukraine

The deficit of Ukraine’s foreign trade in goods in January-May 2021 increased by 25.5% compared to January-May 2020, to $ 1.078 billion from $ 859 million, the State Statistics Service has reported.
According to its data, the export of goods from Ukraine for the specified period increased by 26.1% compared to the same period in 2020, to $ 26.608 billion, imports – by 26.1%, to $ 25.686 billion.
The service clarified that in May compared with April 2021, the seasonally adjusted export volume increased by 6.4%, to $ 5.523 billion, while imports decreased by 0.6%, to $ 5.567 billion.
The seasonally adjusted foreign trade balance in May 2021 was also negative and amounted to $ 440 million, which is worse than in the previous month ($ 410 million).
The ratio of coverage of imports by exports for the five months of this year, the same as in January-May 2020, amounted to 0.96%.
The State Statistics Service specified that foreign trade operations were carried out with partners from 220 countries of the world.