External trade in the red by $5 billion

Внешняя торговля в минусе на $5 млрд

Ukraine has doubled the negative balance of foreign trade

The negative balance of foreign trade of the country increased more than 2,2 times in comparison with the same period in 2016, according to data of the state statistics.

Adverse balance (excess of imports over exports) foreign trade in goods of Ukraine for 11 months of 2017 (Jan-Nov) grew by more than 2.2 times in comparison with the similar period of 2016 – to $5.2 billion this is evidenced by the State statistics service, writes Interfax-Ukraine.

So, in November, the negative balance of foreign trade in goods amounted to $638,7 million, while in October – $700,8 million in September and $593,1 million

During this period exports of goods increased by 20.6% ($6.8 billion) to $39.5 billion At the same time, Ukraine increased its imports by 27.5% ($9.6 billion) to $44.7 billion

The coverage ratio of import export was 0.88 (in 2016 of 0.9).

In the state statistics service noted that the foreign trade was conducted with partners from 221 countries in the world.

We will remind, earlier it was reported that the negative balance of foreign trade in goods of Ukraine in January-October 2017 increased almost 2.2 times and amounted to $4,573 billion.

Source

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