Ukraine’s economy grew by 4.2% over the 10 months of the year, and in October growth slowed to 1.3% against 3.8% in September, reports the Ministry of Economy. It is noted that the drivers of growth remain the transport and construction industries, as well as the processing industry, which all demonstrate high positive dynamics.
However, there was a decline in the agriculture sector. The reason is the early harvest: Farmers had finished harvesting some crops by October.
At the same time, for 10.5 months of the year, the export of Ukrainian goods in monetary equivalent exceeded the indicator for the entire last year. As of November 17, Ukraine has exported goods worth $36.3B compared to the previous year, which totaled $36.2B, reported the ministry. Such results became possible thanks to accelerating the export of new crop products, the Ukrainian Maritime Corridor’s stable operation, and the restoration of domestic production. Oil, corn, wheat, ores, and iron are among the most export goods.