In 2023, Ukraine increased exports by 112,000 tons to almost 100 million tons of goods. At the same time, in value terms, the indicator fell by 18.7% to $35.8B.
Despite the general decline in the export of Ukrainian goods, positive trends are observed in the furniture market, where volumes increased by 11% and cash receipts by 7%. Ukraine also exported 70% more sugar last year due to high demand in the EU.
The largest export commodity in terms of volume, corn, with a physical growth of 5% in money terms, brought 16.8% less than a year earlier. Last year, 26.2 million tons of these products were exported from Ukraine.
Currently, exports by sea are growing. In 2023, Ukraine exported almost one million tons more by sea than in 2022.
On the other hand, exports by road transport continue to decline due to the Polish border blockade. Compared to November, the indicator fell by 18.3% in December, but in annual terms by only 0.7%.
In contrast to exports, imports in monetary terms increased last year to $62.2B. Ukraine imported fuel the most, for $7.8B, miscellaneous (not disclosed) for $3.7B, medicines for $1.7B, and UAVs for $681M.