Ukrainian exports for the year exceeded $46 billion

For the year Ukraine increased its exports by 6.4%.

In 2019, the export of goods from Ukraine grew by 6.4% and amounted to 46.1 billion dollars, reports the Chronicle.info with reference to the Correspondent.

“The main growth factor was the increase of exports of food products by 19% (in 2018 4.8%) due to high exports of grain (increased by 33.1 per cent)”, — stated in the message.

In particular, exports of mineral products (including iron ore) increased by 13.5% compared to 2018 (in 2018 10.4% vs 2017), engineering products — by 13.6% (in 2018 4.8%), industrial products — 7.4% (2018 13%).

But exports of ferrous and non-ferrous metals in 2019 decreased 12.3% compared to 2018 (in 2018 it increased by 15.3% compared with the 2017 year), exports of chemical industry products — by 8.8% (in 2018 increased by 16%), wood and wood products — by 9.4% (in 2018 increased by 19.3%).

Most in 2019 increased exports to Asia (at $ 1.5 billion or 11% compared to 2018 year), and their share in total exports of goods from Ukraine increased to 33% (in 2018, it accounted for 31.6%). Increased exports to African countries (911 million dollars or 22.5%) and the EU (834 million dollars or 5.1%). The share of African countries rose to 10.8% of total exports of goods from Ukraine (in 2018 9,3%), the share of EU countries decreased to 37.2% (in 2018 37.6 per cent).

Exports to Russia in 2019 decreased by 405 million dollars (13.3 percent) compared with 2018, and its share in total exports declined to 5.7% (from 7% in 2018).

Import of goods to Ukraine in 2019 increased by 7.1% (in 2018 versus 2017 — 13.6%), its volume amounted to 60.1 billion dollars.

In particular, imports of food products increased by 13.5% (in 2018 17.7%), industrial products — by 20.5% (in 2018 21.1%), chemical industry products — by 4.2% (in 2018 — 9%), ferrous and non-ferrous metals — by 2.4% (in 2018 19.3%).

In geographical terms by 2019, increased imports from Asian countries (2.7 billion or 21.2% compared to 2018) and the EU (at $ 2.1 billion or 10.3%). The share of Asian countries in total imports increased from 22.5% to 25.5%, and EU countries, from 36.7% to 37.8%. Imports from Russia decreased by 1.2 billion, or 15.3%, and its share in total imports decreased from 14.3% to 11.3%.

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