In the first 6 months of 2021 Ukraine increased export by 25%

According to official data of the State Statistics Service, for 6 months of 2021 export of goods and services amounted to 34,9 billion US dollars, which is 25% more than in the corresponding period of 2020. Import for the reporting period amounted to 34,5 billion  US dollars, which is 27,6% more than in 2020.

“Traditionally with increasing demand for domestic products abroad and the corresponding growth of export import to Ukraine is also growing, which acts as an additional source of resources needed to support export growth. At the same time, the issue of maintaining the balance in trade remains important. Thus, in the first 6 months of the year we have a positive balance in foreign trade - 413,6 million US dollars. Besides the development of agriculture, Ukraine is going to develop industry, production and domestic processing, which is reflected in increased supplies of domestic goods to foreign markets,“- First Deputy Prime Minister - Minister of Economy of Ukraine Oleksiy Lyubchenko.

He added that the significant growth of export this year indicates positive trends in the economic recovery of Ukraine during the quarantine period. Ukraine, like other countries, has already adapted to life during the pandemic and is trying to resume its trade and economic activities.

In the first 6 months of this year, Ukraine had export-import operations with partners from 227 countries. At the same time, export of goods amounted to 29,9 billion US dollars, which is 30,7% more than in the first half of 2020.

For 6 months the majority of Ukrainian products were imported:

  • EU countries - 11,9 billion US dollars (39,7% of export of goods from Ukraine)
  • China - 4,3 billion US dollars (14,3%)
  • Turkey - 1,8 billion  US dollars (6%).

Most ferrous metals and their products, cereals, ores, oils, electric machines, finished food products, some chemical products, furniture, etc. were exported.

 

Reference source: Дія.Бізнес.Експорт

 

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