The deficit of foreign trade of goods increased by 3,800%.
Friday, June 16, 2023
According to the State Statistics Service of Ukraine, Ukraine’s negative balance in the foreign trade of goods for the first four months of the year increased by 3,800%, compared to the same period in 2022, from $180M to $7.04B. Export of goods from Ukraine for the specified period decreased by 19.6% to $13.33B. At the same time, imports increased by 21.5% to $20.37B.
As specified by the statistical office, in April 2023 the seasonally adjusted export volume decreased compared to the previous month by 9.3% to $3.26B, and imports by 1.3% to $5.35B. The seasonally adjusted balance of foreign trade in April 2023 was negative and amounted to $2.08B in March, imports of goods exceeded exports by $1.81B.