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For goods, China saved the day

EBRD

Ukraine's economy will shrink by a fifth this year.

For goods, China saved the day by increasing its purchases of Ukrainian goods by 86%, to $4.8 billion, and cutting its imports by 12%, to $5.8 billion. Overall, Ukraine’s deficit of foreign trade in goods fell to $2.9 billion, less than half the level for the first three quarters of last year, $ 7.2 billion. So far, Ukraine’s exports of goods are down 5.6%, to $35 billion. Imports of goods are down 14%, to 38 billion.

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