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

The EU has extended duty-free trade with Ukraine for one year.

Stack of Freight Containers at the Docks with Truck

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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