Ukraine's export of goods grows by 38 percent| MENAFN.COM

Friday, 21 January 2022 11:03 GMT

Ukraine's export of goods grows by 38 percent


(MENAFN- UkrinForm) In January-November 2021, compared to the same period in 2020, Ukraine's imports of goods increased by 33.8% to $64.87 billion, exports – by 38.2% to $61.27 billion.

“In January-November 2021, the export of goods from Ukraine totaled $61266.9 million, up 38.2% compared to the same period of 2020. The import of goods to Ukraine totaled $64874.2 million, up 33.8% compared to January-November 2020. Accordingly, Ukraine's foreign trade balance was negative, standing at $3607.3 million (in January-November 2020, this figure was also negative, at $4158.0 million),” the State Statistics Service of Ukraine informs.

In January-November 2021, foreign trade operations were conducted with partners from 235 countries.

Over the first 11 months of 2021, Ukraine exported the most goods to China (worth $7.34 billion, up 16.2% compared to January-November 2020), Poland (worth $4.87 billion, up 64.6%), and Turkey (worth $3.61 billion, up 70.5%).

In January-November 2021, Ukraine's major exports were ferrous metals (worth $12.61 billion, up 80.8% compared to January-November 2020), cereals (worth $10.74 billion, up 25.8%), animal and vegetable fats and oils (worth $6.08 billion, up 18.2%).

In January-November 2021, Ukraine imported goods mostly from China (worth $9.65 billion, up 30.2% compared to the same period in 2020), Germany (worth $5.69 billion, up 18.2%), and the Russian Federation (worth $5.35 billion, up 31.4%).

Ukraine's major imports were machinery, equipment and mechanisms (worth $12.66 billion, up 23.2% compared to January-November 2020), mineral fuels, oil and products of its distillation (worth $12.61 billion, up 75.3%), chemicals and related products (worth $8.59 billion, up 31.8%).

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