In the first month of spring, Ukrainian exports dropped by more than half, and imports into the country – by 76%.
Ukraine’s trade fell sharply in March, although in the first quarter of 2022, the numbers were almost identical to last year. This is confirmed by data of the State Statistics Service.
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Thus, Ukraine’s negative foreign trade balance in January -March 2022 dropped 40 times – to $ 31.6 million from $ 1271.6 million.
In the first quarter, exports of goods from Ukraine grew 2.9% to $ 14.101 billion, while imports dropped 5.6% to $ 14.132 billion.
At the same time, in March, compared with February 2022, the seasonally adjusted volume of exports dropped by 57.9%, to $ 2.483 billion, and the imports, by 75.8%, to $ 1.663 billion.
Earlier it was reported that Ukraine increased exports of agricultural products more than five times in April.
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Source: korrespondent
I am Dylan Hudson, a dedicated and experienced journalist in the news industry. I have been working for Buna Times, as an author since 2018. My expertise lies in covering sports sections of the website and providing readers with reliable information on current sporting events.