Ukrainetradedeficit

Friday, May 9

European exports to Ukraine are growing faster than imports of Ukrainian goods. Last year, the European Union exported goods valued at €42.8B to Ukraine and imported €24.5B, resulting in a trade surplus of €18.3B, according to Eurostat data. Compared to 2023, exports and imports ...

Wednesday, July 17

In Ukraine’s foreign trade, imports still significantly prevail over exports. According to the State Statistics Service, Ukraine imported goods worth $27.55B in January- May, which is 8.3% more than last year’s corresponding period. At the same time, exports increased by ...

Wednesday, July 3

The Ukrainian government predicts a reduction in the gap between exports and imports in the next three years. In 2025-2027, Ukraine is expected to accelerate the growth of its export of goods and services against moderate growth rates in imports. This should reduce the negative trade balance of goods and serv...

Thursday, June 27

Ukraine has a significant imbalance between exports and imports, how does this affect the dollar exchange rate? Oleh Hetman, the Economic Expert Platform’s coordinator of expert groups, notes that because the exchange rate is not free-floating but in in a state of controlled flexibility, the national bank...

Wednesday, May 22

Economic experts have identified dangerous economic trends in Ukraine. In the last four months, Ukraine exported goods worth $13.5B, the same as last year. Ukraine rapidly increased the physical volume of exports from 36 to 49 million tons against significantly lower wor...

Friday, April 19

Falling prices had an even greater impact on the reduction of Ukrainian exports than the border blockade. The reduction of Ukrainian exports occurred not only due to the negative impact from the Polish border blockade. According to experts, the main blow to the growth of Ukrainian exports is the reduction...

Thursday, March 21

In February, Ukraine reduced the deficit in foreign trade in goods by $130M. In February, Ukraine exported $3.4B worth of goods, which is equal to January’s result and almost 2% more than in February last year. Compared to January, the import of goods decreased by 2.3% t...

Monday, January 15

Ukraine’s imports exceed exports by 76%. In 2023, Ukraine imported goods worth $63.5B and exported $36B, according to the State Customs Service. Ukraine imported the most goods from China, $10.4B, Poland $6.6B, and Germany $4.9B. Ukraine exp...

Friday, January 12

The NBU is considering additional taxation of non-critical imports. In response to the risk of reduced international support, through which a high foreign trade deficit is being financed during wartime conditions, it is worth considering the possibility of limiting no...

Monday, July 18

The foreign trade deficit has decreased by 9.3%. The negative balance of Ukraine’s foreign trade for the first five months of 2022 decreased by 9.3% to $878.4M compared to last year. This is evidenced by data from the State Statistics Service....

Monday, August 16

By the wider measure of goods and services, Ukraine’s foreign trade eked out a small surplus during the first half. Exports grew by 25.5%, to $35 billion, while imports rose by 28%, to $34.5 billion. Ukraine’s trade deficit with the EU dropped in half, to slightly less than $1 billion. Exports to EU nations were up...

Tuesday, February 16

DTEK CEO Maksym Tymchenko signed a memorandum of understanding with Masdar, Mubadala’s renewable energy company. DTEK CEO Maksym Tymchenko signed a memorandum of understanding with Masdar, Mubadala’s renewable energy company. Masdar CEO Mohamed Jameel Al Ramahi noted that Masdar has projects in 30 countries and ...

Oschadbank, or State Savings Bank of Ukraine, signed an agreement with Mudabala Oschadbank, or State Savings Bank of Ukraine, signed an agreement with Mudabala “to identify potential initiatives for joint investment in Ukraine,” reports the bank’s press service.

Abu Dhabi is setting a goal of “increasing trade and investment in agro with Ukraine 10 times over several years, that is, to bring it to $2 billion a year,” Abu Dhabi is setting a goal of “increasing trade and investment in agro with Ukraine 10 times over several years, that is, to bring it to $2 billion a year,” Zelenskiy economic advisor Timofei M...

Abu Dhabi’s Abu Dhabi’s INTELMAX Management Consulting will set up a Kyiv office to work with Ukraine’s Finance Ministry to create a platform for the exchange of intellectual property based on Fantom blockchain a...

Dubai Ports World showed President Zelenskiy their proposal to create several new terminals in Yuzhny, Ukraine’s busiest port. Dubai Ports World showed President Zelenskiy their proposal to create several new terminals in Yuzhny, Ukraine’s busiest port. DP World has drawn up plans to build terminals for general grains, minera...

Dmytro Sennychenko, chairman of Ukraine’s State Property Fund Dmytro Sennychenko, chairman of Ukraine’s State Property Fund, and Sergiy Tsivkach, executive director of UkraineInvest signed memorandums with Mubadala to create possibilities for large scale investm...

Ukraine’s trade deficit in goods and services shriveled last year to $255 million – 93% below the level of 2019 Ukraine’s trade deficit in goods and services shriveled last year to $255 million – 93% below the level of 2019, reports the State Statistics Service. The most dynamic factor was the 12.5% drop in imp...

For services, Ukraine’s traditional surplus shrank by 31%, to $6 billion For services, Ukraine’s traditional surplus shrank by 31%, to $6 billion. Exports declined by 28.5%, to $11.2 billion. Imports fell by 25%, to $5.2 billion.

Asia was Ukraine’s fast growing export market Asia was Ukraine’s fast growing export market, the Economy Ministry reports on its website. “The most important indicators are the phenomenal growth of exports of Ukrainian products to Vietnam and Chi...

Ukraine’s economy returned to normal at the end of last year with fourth quarter GDP down only 0.7% Ukraine’s economy returned to normal at the end of last year with fourth quarter GDP down only 0.7% below the fourth quarter of 2019. Despite the weekend lockdowns in November, consumer demand was a m...

No IMF tranches “ No IMF tranches “will not be a catastrophe” for Ukraine, Danylo Hetmantsev, chairman of the Rada’s Committee on Tax and Customs Policy, told reporters yesterday. On Saturday, the IMF announced that it...

The Cabinet of Ministers submitted a bill to the Rada yesterday to fire Artem Sytnyk, head of the National Anti-Corruption Bureau of Ukraine, or NABU. The Cabinet of Ministers submitted a bill to the Rada yesterday to fire Artem Sytnyk, head of the National Anti-Corruption Bureau of Ukraine, or NABU. Funded largely by the EU and the US, the bureau i...

A total of $3 billion worth of deals and memorandums were signed over the last two days by Ukrainian company executives and officials in the United Arab Emirates A total of $3 billion worth of deals and memorandums were signed over the last two days by Ukrainian company executives and officials in the United Arab Emirates, the third largest economy in the Midd...

After Sunday’s defense production deals, most of yesterday’s contracts were signed with Mubadala Investment Fund, the oil-rich nation’s sovereign wealth fund After Sunday’s defense production deals, most of yesterday’s contracts were signed with Mubadala Investment Fund, the oil-rich nation’s sovereign wealth fund. With $232 billion in assets under managem...

“Ukraine has very promising potential for foreign investment “Ukraine has very promising potential for foreign investment, and the signing of memorandums with leading entities of Ukraine represents a commitment to explore potential investments and areas of coop...