Ukrainian exports grew by 20% in 2017, Prime Minister Vladimir Groysman said.

"In 2017, total exports grew by almost 20%, it was $35 billion in the nine months. This [amount] was paid to Ukraine for products created by Ukrainian hands," he said while opening a Cabinet meeting on Wednesday.

In his words, the European Union accounted for almost 40% of Ukrainian exports. He announced the government's plans to approve Ukraine's export strategy at the meeting. What is more, the Export Credit Agency (ECA) is expected to be launched in 2018.

"Literally last week I held a working meeting. I expect by the end of January we will achieve an agreed decision on the support of Ukrainian exports," he said.