Trade statistics in the first half of 2023 compared to the same period last year showed an increase in trade in goods between Norway and Ukraine by 26%, the Norwegian-Ukrainian Chamber of Commerce (NUCC) reported.
“An important and notable trend is the significant 31% increase in Norwegian imports from Ukraine. This increase was primarily driven by growing demand for food and agricultural products used in feed production,” the NUTP said.
According to the report, in other sectors such as manufacturing, engineering, furniture and clothing, the level of trade remained stable.
A similar revival in Norwegian-Ukrainian trade relations was seen in the supply of goods from Norway to Ukraine, which grew by 25% in the first half of the year compared to last year’s figures.
Growth in seafood trade, according to the NUTP, was “particularly impressive” – up 18% compared to previous years of cooperation. Export revenue for this product category rose by 25% in monetary terms, driven by higher prices.
In addition, Norway increased its exports of electric cars in the reporting period – more than 800 units were delivered to Ukraine in June alone. “These exports account for about one-third of all imports of electric cars to Ukraine, which made Ukraine the most important export market for used Norwegian electric cars,” NUTP summarized.
