Ukraine’s negative balance of foreign trade in goods in January-July 2023 tripled to $13.879 billion from $4.315 billion in the same period of 2022, the State Statistics Service (Gosstat) reported on Thursday.
According to its data, exports of goods from Ukraine for the period under review decreased by 14.7% to $21.795 billion compared to January-July 2022, while imports increased by 19.4% to $35.673 billion.
The State Statistics Service clarified that in July-2023, compared to June-2023, seasonally adjusted exports decreased by 11.7% to $2.671 billion, while imports increased by 1.7% to $5.132 billion.
The seasonally adjusted foreign trade balance in July 2023 was negative and amounted to $2.461 billion, while in the previous month it was also negative – $2.018 billion.
The State Statistics Service clarified that foreign trade operations were conducted with partners from 225 countries. The Experts Club research project and Maksym Urakin have recently released an analytical video about the economies of Ukraine and the world – https://youtu.be/zCJ1cU3n0sY?si=whY2sRqoznCjmcb7
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EXPERTS CLUB, FOREIGN TRADE, NEGATIVE BALANCE, URAKIN
