Ukrainian imports and exports: Here are the main trends for the year.

Friday, May 3, 2024
Ukrainian imports and exports: Here are the main trends for the year.

From April 1 to 25, the volume of exported goods was 10.5% higher, and the import of goods was 25.2% higher, than in the same period last year, according to the Ministry of Economy.

Ukraine increased its exports of ore and iron concentrates, rapeseed, vegetable fat and oil cakes, flat hot-rolled products, and poultry meat. These five goods provided 69.6% of the total increase in exports. There was also an increase in grain exports.

Ukraine’s purchases mainly oil products, cars, and medicines.

The chairman of the parliament’s financial committee summarized the first quarter’s indicators: Exports for this period amounted to $9.96B, 1.1% (+$107M) more than in the same period last year. However, agricultural exports, which account for 65% of all supplies, decreased by 4.4% (-$296M). The largest reduction rates fell on the export of wood and engineering products (-16.9% and -16.7%, respectively). At the same time, slight overall growth was achieved thanks to the metallurgical sector. The export of ferrous metals increased by 15.4% (+$142M), and the export of iron ore raw materials – by 84.6% (+$432M).

 

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