Ukraine sees 28.6% rise in goods flow with Russia in Jan-Nov 2017, 27.6% rise with EU
Ukraine increased imports of goods from Russia by 38.6% in January-November 2017 year-over-year, to $6.3 billion, the National Bank of Ukraine (NBU) has reported.
Exports of goods to Russia rose by 11.9% over the period, to $3.06 billion. Total goods flow grew by 28.6%, to $9.36 billion.
The deficit of Ukraine's trade with Russia over the period was $3.24 billion, which is 79% worse than a year ago.
The NBU said that over the period exports of goods from Ukraine to the European Union (EU) grew by 32.7%, to $12.77 billion, and imports – by 23.9%, to $16.51 billion. Goods flow rose by 27.6%, to $29.28 billion, and the deficit of Ukraine's trade with the EU was $3.7 billion.
The central bank said that Russia's share of exports of goods from Ukraine fell from 9.1% to 8.5%, while of imports it grew from 12.6% to 14.3%, while the EU's share of exports rose from 31.9% to 35.3% and imports from 36.9% to 37.5%.
In general, exports of goods from Ukraine in January-November 2017 grew by 20.1%, to $36.19 billion, imports – by 21.8%, to $44.03 billion and the deficit worsened by 30.2%, to $7.84 billion.