The State Statistics Service records the growth of Ukraine’s foreign trade in June, but overall, there is a negative balance for half a year.
Exports of goods from Ukraine in the first half of 2022 decreased by 24% compared to the same period in 2021 – to $22.732 billion, imports – by 19.1%, to $25.2 billion, according to the State Statistics Service .
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At the same time, in June, compared to May, the seasonally adjusted volume of exports increased by 18.6%, to $3.576 billion, and imports, by 27.6%, to $4.984 billion.
During the six months of 2022, Ukraine’s negative foreign trade balance doubled to $2.468 billion from $1.227 billion.
The seasonally adjusted balance of foreign trade in June was negative and reached $1.408 billion against $889.9 million in May.
The export-to-import coverage ratio for the six months of 2022 reached 0.90 (in January-June 2021 – 0.96).
It should be noted that export growth is expected since August, when the grain corridor for the supply of Ukrainian agricultural products by sea was launched.
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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.