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Ukraine’s goods turnover at the beginning of the year increased by 2%.

The EU has extended duty-free trade with Ukraine for one year.

Stack of Freight Containers at the Docks with Truck

Ukraine’s merchandise turnover reached $16.8B in the first two months of the year, 2% more than in the first two months of last year, reported the State Customs Service. During January-February 2024, Ukraine imported goods worth $10B and exported $6.8B. Taxed imports amounted to $8.8B, 88% of the total volume of imported goods.

Ukraine imported the most goods from China ($2B), Poland ($1.1B) and Germany ($769M). Ukraine exported the most to Poland ($649M), followed by Spain ($624M) and China ($504M).

In the total volume of goods imported in January-February, the following categories accounted for two-thirds: machinery, equipment, and transport ($3.5B); chemical industry products ($1.8B); fuel and energy products ($1.3B).

The most exported items from Ukraine were food ($4.5B), metals and their products ($726M), and mineral products ($587M).

 

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