Ukraine’s exports and imports of goods grow significantly this year – State Statistics

Ukraine’s exports of goods in January-September 2018 totaled $34.55 billion, which is 10.3% more than in the corresponding period last year, while imports grew by 16.1% to $41.02 billion, according to the State Statistics Service of Ukraine.

“In January -September 2018, exports of goods totaled $34,551.1 million, or 110.3% compared with the first nine months of 2017, imports - $41,019.8 million, or 116.1%. Negative balance made up $6,468.7 million (in January - September 2017, balance was also negative - $4,009.1 million),” reads the report.

Ukraine carried out foreign trade operations with partners from 218 countries in January-September 2018.

The largest export deliveries of goods over the reporting period were made to the Russian Federation for the sum of $2.7 billion, or 7.9% of overall Ukrainian exports, Poland - $2.4 billion, or 7% of overall Ukrainian exports, and Italy - $2.0 billion, or 5.8% of overall Ukrainian exports.

The largest volumes of goods exported to other countries in money terms were ferrous metals ($7.7 billion; 22.4% of overall Ukrainian exports), grain crops ($4.8 billion; 13.9%), machinery and equipment ($ 3.4 billion; 9.9%).

As to the imports, Ukraine imported the largest volumes of goods over the reporting period from the Russian Federation for the sum of $5.8 billion, or 14.2% of overall Ukrainian imports, China - $5.2 billion, or 12.7% of overall Ukrainian imports, and Germany - $4.56, or 11.1% of overall Ukrainian imports.

In terms of commodity items, the largest volumes of goods imported to Ukraine were fuel, oil and petroleum products ($9.5 billion; 23.3% of overall Ukrainian imports), machinery and equipment ($8.4 billion; 20.5% of overall Ukrainian imports), products of chemical and related industries ($5.2 billion; 12.8% of overall Ukrainian exports).

As Ukrinform reported, in January - September 2017, Ukraine’s exports of goods amounted to $31.3 billion, imports – $35.2 billion. Compared to the first nine months of 2016, exports grew by 21.1%, imports - by 27.3%.

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