Business news from Ukraine

FOREIGN TRADE OPERATIONS ARE CONDUCTED WITH 209 COUNTRIES, DEFICIT OF UKRAINE’S FOREIGN TRADE WITH GOODS GROWS 1.5-FOLD IN Q1

The deficit of Ukraine’s foreign trade with goods in January-March 2018 grew 1.5-fold year-over-year, reaching $1.201 billion ($794.1 million in Q1 2017), the State Statistics Service reported on Tuesday. In March, the deficit was $460 million, while in February – $457 million and in January – $284.1 million.
In January-March 2018, exports of goods grew by 10.3% year-over-year, to $11.435 billion, and imports – by 13.2%, to $12.636 billion.
In March 2018 compared with the previous month seasonally adjusted volumes of exports grew by 2.5% and imports – by 2%. The seasonally adjusted deficit of foreign trade in March 2018 was $338.7 million, in February 2018 – the deficit was $352.9 million and in January – $519.9 million.
As a result, the coefficient of coverage of imports by exports was 0.90 (in January-March 2017 some 0.93).
The service said foreign trade operations were conducted with partners from 209 countries.

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DEFICIT OF UKRAINE’S FOREIGN TRADE IN GOODS GROWS TO $457 MLN IN FEBRUARY

The deficit of Ukraine’s foreign trade in goods in February 2018 amounted to $457 million, while in January 2018 it was $284.1 million, the State Statistics Service has said. In January-February 2018, the deficit totaled $741.1 million compared with the deficit of $491.4 million a year ago.
In January-February 2018 exports of goods amounted to $7.4 billion, imports to $8.1 billion. In comparison with January-February 2017, exports increased by 17.9%, imports by 20.3%.
In February 2018, the seasonally adjusted volumes of exports fell by 3.6% and imports by 6.6%. The seasonally adjusted deficit of foreign trade in February 2018 was $356.4 million. In January 2018, the deficit was $517.4 million.
As a result, the ratio of coverage of imports by exports was 0.91 (in January-February 2017 some 0.93).
The statistics service said foreign trade operations were conducted with partners from 201 countries.

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