Business news from Ukraine

Business news from Ukraine

Negative balance of Ukraine’s foreign trade in goods in January-February 2023 increased 3.4 times

15 April , 2023  

Ukraine’s negative balance of foreign trade in goods in January-February 2023 increased 3.4 times compared to the same period in 2022 – to $3.713 billion from $1.083 billion, the State Statistics Service (Gosstat) reported on Friday.

According to her data, exports of goods from Ukraine during this period compared to January-February 2022 decreased by 42.8% – to $6.459 billion, imports – by 17.9%, to $10.172 billion.

The State Statistics Committee specified that seasonally adjusted exports rose 4.8% to $3.543 billion in February-2023 compared to January-2023, while imports rose 3.2% to $5.79 billion.

The seasonally adjusted foreign trade balance in February-2023 was negative at $2.248 billion, while in the previous month it was also negative at $2.23 billion.

The January-February 2023 import coverage ratio for exports was 0.64 (January-February 2022 – 0.91).
The State Statistics Committee specified that foreign trade operations were conducted with partners from 206 countries.