Business news from Ukraine

DEFICIT OF UKRAINE’S FOREIGN TRADE IN GOODS IN JANUARY GROWS BY 18%

The deficit of Ukraine’s foreign trade in goods in January 2022 grew by 18.8% compared to the same period in 2021, to $.22 billion with an increase in exports by 53%, to $6.03 billion, and imports by almost 49%, to $6.25 billion, according to the State Customs Service of Ukraine.
Thus, the trade turnover of Ukraine in January rose by 51% compared to January 2021 and reached $12.28 billion.
As reported, in 2021, the deficit of foreign trade in goods amounted to $5.1 billion compared to $4.72 billion in 2020. Import of goods at the end of the year increased by 35.6% compared to 2020, to $73.3 billion, export by 38.3% to $68.2 billion.

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