Ukraine’s exports to Russia reach 7.7% of overall exports in January-April 2018 – State Statistics

The State Statistics Service of Ukraine released the relevant report on the geographical structure of foreign trade in January-April 2018.

In particular, over the reporting period, the top export destinations of Ukraine were Russia (7.7%), Poland (7%), Turkey (6.1%), Italy (6.1%), India (5.7%), Egypt (4, 2%), China (4.2%), Germany (4.1%), Hungary (3.7%), and the Netherlands (3.4%).

The leaders in terms of the dynamics of growth of exports from Ukraine in January-April 2018 (compared to the same period last year) were Latvia (+84%), Morocco (+ 67.8%), Moldova (+ 66.7%), Slovakia (+ 65.7%), Serbia (+ 57.5%), Bulgaria (+ 46%), Hungary (+ 48.8%), Germany (+ 37.4%), Iraq (+ 37.8%), and the Czech Republic (+ 33.8%).

At the same time, the largest drop in exports over the reporting period was recorded to the following countries: Iran (-43.7%), Japan (-26.7%), Republic of Korea (-23%), Egypt (-21.5%), Saudi Arabia (-20.7%). Exports to the Russian Federation decreased by 6.4%.

In general, in January-April 2018, Ukraine exported goods for the amount of $15,456.9 million or 112.8% compared to the same period last year, while imports made up $16,879.8 million or 115.1%. The negative balance totaled $1,422.9 million (in January-April 2017 – negative balance made up $968.6 million).

Foreign trade operations were carried out with partners from 210 countries.

iy