Economic Development Ministry: Dynamics of exports of goods improved

 “According to the State Statistics Service, over the first eight months of 2020, the exports of goods totalled $30.8 billion, down 6.6% compared to the corresponding period of 2019. However, the Ministry sees a positive tendency of slowdown in the exports decline. Over seven months of 2020, the export of goods decreased by 7.4%. Over eight months of 2020, the decline was only 6.6%, i.e. the decline rate slowed by 0.8 percentage points (pp),” the press service of the Economic Development Ministry of Ukraine posted on Facebook.

As noted, the dynamics of exports of goods is observed in many sectors of the economy (the exception was the export of chemical products and mineral products). Thus, the export of engineering products has improved by 1.8 percentage points; light industry products - by 1.6 percentage points; wood and paper products - by 1.5 percentage points; metallurgical products - by 1.2 percentage points; products of agro-industrial complex and food industry - by 0.6 percentage points.

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