Ukraine's foreign trade went into the red by $17.6 billion

Ukraine's foreign trade went into the red by $17.6 billion

Kyiv  •  UNN

September 13 2024, 12:56 PM • 11188 views

Ukraine's foreign trade deficit in goods amounted to $17.6 billion in 8 months of 2024, up 6% year-on-year. Imports amounted to $45.1 billion, exports - $27.5 billion, with the largest trade turnover with China, Poland, and Germany.

The deficit of Ukraine's foreign trade in goods in January-August this year amounted to $17.6 billion, which is 6% more than in the same period last year. This is evidenced by the data of the State Customs Service, UNN reports.

Details

In 8 months of 2024, the trade turnover reached $72.6 billion. At the same time, in January-August 2024, Ukraine imported goods worth more than $45.1 billion and exported almost $27.5 billion. Taxed imports amounted to $37.8 billion, or 84% of the total volume of imported goods.

Countries from which Ukraine imported the most goods:

  • China - $8.9 billion, 
  • Poland - $4.5 billion, 
  • Germany - $3.4 billion.

Ukraine exported most of its products to the United States:

  • Poland - by $3.1 billion, 
  • Spain - by $1.9 billion, 
  • China - by $1.9 billion.

In the total volume of goods imported in January-August 2024, 65% of the goods were of the following categories:

  • machinery, equipment and transport - $15.5 billion, 
  • chemical products - $7.8 billion, 
  • Fuel and energy - $6 billion

The top three most exported goods from Ukraine are the following:

  • food products - $16 billion, 
  • metals and metal products - $2.9 billion, 
  • mineral products - $2.2 billion

In 8 months of 2024, UAH 189.3 million was paid to the budget during customs clearance of exports of goods subject to export duties.

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