Ukraine’s exports of goods grew by 38.4%, imports of services by 32.9% - statistics service

Ukraine’s exports of goods grew by 38.4%, imports of services by 32.9% - statistics service

Ukrinform
In 2021 compared to 2020, Ukraine’s imports of goods grew by 34.0% to $72.82 billion, exports - by 38.4% to $68.09 billion; Ukraine’s imports of services increased by 32.9% to $7.59 billion, exports - by 14.2% to $13.16 billion, according to the State Statistics Service.

In 2021, exports of goods from Ukraine amounted to $68,089.3 million, which is 38.4% more than in 2020, imports of goods to Ukraine amounted to $72,816.8 million, an increase of 34.0%. Accordingly, foreign trade balance was negative and totaled $4,727.5 million (in 2020, foreign trade balance was also negative and totaled $5,144.3 million). In 2021, Ukraine conducted foreign trade operations with partners from 235 countries.

The largest export deliveries of Ukrainian goods over the reporting period were made to China ($8.0 billion, up 12.7% from 2020), Poland ($5.23 billion; up 59.7%) and Turkey ($4.14 billion; up 70.0%).

In 2021, Ukraine’s major exports were ferrous metals ($10.31 billion; up 79.7%), grain crops ($7.76 billion; up 14.8%), fats and oils of animal or vegetable origin ($4.74 billion; up 18.7%).

The largest import deliveries of goods over the reporting period were made to China ($10.97 billion; up 31.9%), Germany ($6.28 billion; up 17.7%) and the Russian Federation ($6.08 billion; up 33.9%).

In 2021, Ukraine’s major imports were mineral fuels, oil and products of their distillation ($14.33 billion; up 79.5%), machinery and equipment ($14.20 billion; up 22.9%), products of chemical and related industries ($9.74 billion; up 32.8%).

Exports of services from Ukraine amounted to $13,156.5, which is 14.2% more than in 2020. Imports of services to Ukraine last year amounted to $7,593.4 million, up 32.9% from 2020. Accordingly, the balance of foreign trade in services in 2021 was positive and amounted to $5,563.1 million (in 2020, the balance was also positive and amounted to $5,808.7 million). In 2021, Ukraine conducted foreign trade operations with partners from 220 countries.

In 2021, Ukraine exported services mostly to the Russian Federation ($1.94 billion; down 26.6% from 2020), the United States ($1.90 billion; up 34.0%) and Switzerland ($1.16 billion; up 49.1%).

In foreign markets in 2021, Ukraine mostly sold transport services ($5.31 billion; up 6.5% from 2020), telecommunications services, computer and information services ($3.86 billion; up 26.4%), material resources processing services ($1.53 billion; up 13.0%).

As to the imports in 2021, Ukraine imported services mostly from Turkey ($935.7 million; up 112.0% from 2020), the United States ($781.2 million; up 13.5%) and the UK ($594.5 million; up 14.4%).

Ukraine’s major imports of services in 2021 included transport services ($1.73 billion; up 63.4% from 2020), travel services ($1.58 billion; up 124.5%), business services ($1.12 billion; up 12.3%).

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