Business news from Ukraine

Ukraine’s foreign trade deficit in goods increased 2.3 times in January-November 2022

13 January , 2023  

Ukraine’s foreign trade deficit in goods in January-November 2022 increased 2.3 times compared to the same period in 2021, to $8.524 billion from $3.635 billion, the State Statistics Service said.
According to them, exports from Ukraine during this period compared to January-November 2021 decreased by 33.6% to $40.671 billion, imports – by 24.2% to $49.195 billion.
The State Statistics Committee specifies that seasonally adjusted exports decreased by 2.6% to $3.507 billion in November compared to October, while imports increased by 2.0% to $4.827 billion.
The seasonally adjusted foreign trade balance in November-2022 was negative at $1.319 billion, while in October-2022 it was also negative at $1.129 billion.
The coverage ratio of imports by exports in January-November 2022 was 0.83 (0.94 in January-November 2021).
The State Statistics Committee specified that foreign trade transactions were conducted with partners from 230 countries.

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