Export of goods in the 1st quarter dropped to 26,1%, import grew by 10,9%

In the 1st quarter of 2023, the export of goods amounted to 10 305,5 million US dollars, or 73,9% in accordance with the same period last year, import - 15 699,4 million US dollars, or 110,9%. The negative balance amounted to 5 393,9 million US dollars. The export-import coverage ratio was 0,66 (0,99 in the 1st quarter of 2022), and foreign trade operations were conducted with partners from 212 countries. Export of grain crops fell by 3,5% (3,17 billion US dollars), fats and oils of animal or vegetable origin by 11,6% (1,47 billion US dollars), electric machines by 38,1% (469 million US dollars), and ferrous metals by 75,3% (583,7 million US dollars). However the import of land transport increased by 38,3% (1,35 million US dollars), electric cars by 48,2% (1,77 billion US dollars). Import of mineral fuels, oil and products of its distillation reduced to 2,3% (3,78 billion US dollars).

Reference source: https://bit.ly/3BAfT8p

 

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