In August, Ukraine managed to reduce the foreign trade deficit.

Wednesday, September 20, 2023
In August, Ukraine managed to reduce the foreign trade deficit.

As reported in the customs committee of the parliament, this indicator amounted to $2.77B against $2.83B in July. Despite the shelling of the port infrastructure, it is noted that the export of agricultural products increased to $1.55B. The volume of exports of metallurgical products remained constant at $0.3B.

It should be noted that, according to the data from the customs service, for eight months of the year, exports to EU countries amounted to $15.7B, 63.6% of all exports. Imports from EU countries are $21.1B, which is 51.3% of all imports. Compared to the same period last year, imports from the EU increased by 26% (+$4.4B).

It is also reported that 44% of all exported goods went to: Poland – $3.4B, Romania – $2B, China – $1.8B, Turkey – $1.8B, and Germany – $1.3B. At the same time, 47% of all imported goods came from China – $6.5B, Poland – $4.4B, Turkey – $3.4B, Germany – $3.2B, and the US – $1.8B.

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