Ukraine: in 2019, the foreign trade deficit in goods increased — State Statistics Service




In 2019, the foreign trade deficit in goods in Ukraine reached 10.723 bln USD, as opposed to 9.852 bln USD in the previous year, reported the State Statistics Service of Ukraine, on February 14.

In particular, last year the exports of commodities from Ukraine totaled 50.06 bln USD, up 5.8% compared with the figures in 2018. The import volumes of goods to Ukraine totaled 60.783 bln USD, up 6.3%.

The export-import coverage ratio totaled 0.82 (in 2018 — 0.83). Ukraine provided foreign trade operations with partners from 227 countries.

In the reporting period, the volume of Ukrainian commodities exports to the EU countries increased by 3% — to 20.752 bln USD, and the imports of EU commodities increased by 7.7% — to 24.996 bln USD.