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. Export of goods from Ukraine for the first five months of 2022 compared to January-May 2021 decreased by 20.4% to $19.6B, and imports – by 19.9% to $20.5B. The export-import coverage ratio in January-May 2022 was 0.96 (in January-May 2021 it was also 0.96). The State Statistics Service also specified that foreign trade operations were conducted with partners from 220 countries.
The foreign trade deficit has decreased by 9.3%.
The foreign trade deficit has decreased by 9.3%.