The state statistics service has reported an increase in deficit of foreign trade

2016-10-18 12:51:40
Machine translation
The state statistics service has reported an increase in deficit of foreign trade

the foreign trade balance of Ukraine during the first eight months of the year 2016 according to Gostamsluzhby deficit 1,465 billion $, while during the same period of the previous year it had a surplus in 548,5 million dollars.

 

in Particular, in January-August of current year the volume of exports from the country decreased by 9% to 22,719 billion $ and imports by 0.9% to 24,184 billion dollars.

 

the Ratio of exports and imports amounted to 0,94 1,02 against last year.

 

foreign trade activity in the time specified was carried out with partners from 219 countries in the world.

 

According to statistics, exports of goods to EU countries increased by 4.4% to 8,601 billion $, accounting for 37.9% of the total exports of the country. Imports from EU countries increased by 6.6% to 10,617 billion $, which is 43.9% of the total import volume.

 

exports to Russia dropped by 30% to 2,226 billion $ and imports from there fell by 36.8% to 3,102 billion dollars.

Seasonal increase of imports during the autumn-winter period will increase the trade deficit, which will create additional pressure on the exchange rate of the national currency against the U.S. dollar.

 

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