Business news from Ukraine

Ukraine’s foreign trade deficit in goods in 2022 increased by 2.3 times

14 February , 2023  

Ukraine’s negative balance of foreign trade in goods in 2022 increased 2.3 times compared to 2021 – to $11.125 billion from $4.771 billion, the State Statistics Service (Gosstat) said on Tuesday.

According to its data, exports of goods from Ukraine for the year compared to the previous year decreased by 35.1% – to $44.149 billion, imports – by 24.1%, to $55.274 billion.

State Statistics said that in December 2022, compared to November of that year, seasonally adjusted exports decreased by 2.4% – to $3.376 billion, while imports rose by 9.8% – to $5.347 billion.

The seasonally adjusted foreign trade balance in December 2022 was negative at $1.971 billion, while in November of that year it was also negative at $1.409 billion.

The ratio of exports to imports in 2022 was 0.80 (0.93 in 2021).

The State Statistics Committee specifies that foreign trade transactions were carried out with partners from 233 countries.

Earlier the Club of Experts analyzed in detail the macroeconomic indicators of Ukraine and other countries.

See more details in the video:

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