A near doubling of exports to China reduced Ukraine’s trade deficit to $1.3 billion for the first half of this year,

Monday, August 17, 2020

A near doubling of exports to China reduced Ukraine’s trade deficit to $1.3 billion for the first half of this year, the lowest level in recent years. The State Statistics Service reports exports to China rose 93%yoy to $3 billion, to Poland dropped 14%, to $1.5 billion; and to Russia dropped 17%, to $1.3 billion. Overall, Ukraine exported $22.9 billion worth of goods and imported $24.2 billion. For imports, Ukraine’s imports from China dropped 7%, to $3.6 billion; from Germany dropped 17%, to $2.5 billion; and from Russia dropped 43%, to $2.2 billion.

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