Ukraine's trade turnover exceeds $72B in January-September 2020

Ukraine's trade turnover exceeds $72B in January-September 2020

Between January-September 2020, Ukraine reduced exports of goods by 5.6% to $35.1 billion, while imports decreased by 11.8% to $38 billion compared to the same period in 2019, according to the State Customs Service of Ukraine.

During the first nine months of 2020, Ukraine’s imports of goods totalled over $38 billion, which is $5.1 billion (11.8%) less than in the corresponding period last year, while exports reached $35.1 billion, which is $2.1 billion (5.6%) less from the relevant period last year. Balance was also negative - $2.9 billion

Over the reporting period, the largest volumes of goods were imported to Ukraine from: China - $5.8 billion, Germany - $3.7 billion, and Russia - $ 3.4 billion. The largest export deliveries of goods were made to China - $4.8 billion, Poland - $2.3 billion, and Russia - $2 billion.

The main export deliveries included: grain - $6.8 billion, ferrous metals - $5.8 billion and sunflower oil - $4 billion.

As to imports, the largest volumes of goods delivered to Ukraine were mineral fuel, oil and products of its distillation - $5.7 billion, machinery, equipment and mechanical devices - $4.3 billion and vehicles - $3.8 billion.

As reported by Ukrinform, Ukraine’s exports of goods increased by 6.4% in 2019, up to $46.1 billion dollars, Ukraine’s imports of goods in 2019 rose by 7.1%, up to $60.1 billion.


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