Thanks to fast-growing exports to China and Vietnam last year, Ukraine slashed its trade deficit last year by 93%,

to $255 million in 2020, from $3.4 billion in 2019, Kachka said when speaking at the Ukraine’s International Trade Council. He said: “The most important indicators are the phenomenal growth of exports of Ukrainian products to Vietnam and China – by 93% and 98%, respectively.” Last year, 14.5% of Ukraine’s exports went to China, compared to 5.5% for Russia, reports the State Statistics Service.