Deficit of Ukraine's foreign trade in goods grows almost threefold in 7 mths


The deficit of Ukraine's foreign trade in commodities was estimated at US$2.7 billion in January-July 2017, which was by 2.8 times up from a $980.4 million deficit year-over-year (y-o-y), according to the Ukrainian State Statistics Service's website.


Exports of goods from Ukraine over the period under review grew by 22.1% y-o-y, while imports of goods rose by 29.4%, the service said in a statement.

The ratio of coverage of imports by exports was 0.9 in January-July 2017 against 0.95 y-o-y.

Ukraine traded with 217 countries and territories.

Unemployment in Ukraine declines by 12% as of Sep 1Exports of goods to the EU countries grew by 25.9%, to $9.536 billion, while imports of goods from the EU rose by 25.7%, to $11.299 billion, accounting for 42.5% of total imports.

As UNIAN reported earlier, the deficit of foreign trade in goods in 2016 was estimated at $2.886 billion against a $610.7 million surplus in 2015.

Tags: Ukraine, foreigntrade, deficit, stats