Business news from Ukraine

FIVE STATES CONTROL OVER 50% OF ALL IMPORTS TO UKRAINE IN JAN-MAY, 2018

5 countries control over half of all goods imports to Ukraine. Foreign trade operations were conducted with partners from 210 countries, but Russia, China, Germany, Poland, Belarus are in top-5 among other exporters of goods to Ukraine.
According to the statistical data, Russia is the first exporter of its good to Ukraine with 14,8% of all trade volume, the second is China (12,1%). The USA is the 6-th exporter to Ukraine, the UK is on the 13-th place.
The deficit of Ukraine’s foreign trade in goods in January-May 2018 increased by 1.4 times compared with January-May 2017 and amounted to $2.055 billion, the State Statistics Service has said. According to its data, in May the deficit was $632 million, while in April some $221.6 million, in March $460 million, in February $457 million, and in January $284.1 million. In January-May 2018 exports of goods compared to January-May 2017 increased by 12.9%, amounting to $19.460 billion, imports by 15.3%, to $21.515 billion.
In May 2018 compared to the previous month, the seasonally adjusted export volumes decreased by 5.8%, imports by 13.4%. The seasonally adjusted foreign trade balance in May 2018 was negative and amounted to $946.5 million, negative indicators were also fixed in April 2018 at $570.8 million, in March at $508.2 million, in February at $411.8 million, and January at $580.5 million.
The ratio of coverage of imports by exports was 0.9.
Foreign trade operations were conducted with partners from 210 countries, a share of top-20 importers to Ukraine is more than 75% of a total volume.

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