Ukraine’s gross domestic product (GDP) grew 3.8% (± 1%) in September 2024 year-on-year versus 0.3% in August and 1.1% in July, Ukrainian media said, citing the Ukrainian Economy Ministry’s preliminary estimates published on Friday. The ministry’s report puts GDP growth in the country at 4.5% (±1%) in January-September 2024 year-on-year compared to 3.9% in January-August, … Read more
The foreign trade in dairy products reached $20.4 million in the first half of October, up 7.8% month-on-month, Ukrainian media reported, citing the Ukrainian Union of Dairy Enterprises’ expert analytical service as saying. The exports rose 5.3% to $9.8 million, while imports grew 10.2% to $10.6 million, the statement said. In particular, the share of … Read more
Ukraine’s negative balance of foreign trade increased 6.5% to $17.613 billion in January-August 2024 from $16.532 billion recorded in the same period of 2023, Ukrainian media reported, citing the Ukrainian State Statistics Service. Exports of goods from Ukraine edged up 12% and totaled $27.578 billion in the first eight months of 2024 year-on-year, while imports … Read more
During the period, Ukraine imported goods worth $51.2 billion, and exported $30.7 billion Ukraine’s trade turnover in January-September 2024 amounted to $81.9 billion. This is evidenced by the data of the State Customs Service. During the first 9 months of 2024, Ukraine imported goods worth $51.2 billion and exported goods worth $30.7 billion. At the … Read more
“This year, the trade turnover between Azerbaijan and Ukraine is expected to exceed USD 500 million,” said Gennadiy Chyzhykov, the President of the Ukrainian Chamber of Commerce and Industry in an interview with APA-Economics. According to him, with the start of the war between Russia and Ukraine, Ukraine’s trade turnover with Azerbaijan, which was more … Read more
The National Association of Sugar Producers of Ukraine claims that “Ukrtsukor” has exported 691,800 tonnes of sugar in the marketing year of 2023/2024. Besides, as it constitutes approximately 77% of all exports, a fair share of the exports fell on the EU states. Italy, Bulgaria, and Hungary are among the main consumers of sugar exported … Read more
During the period, Ukraine imported goods worth $45.1 billion, and exported $27.5 billion In January-August 2024, Ukraine’s trade turnover totalled $72.6 billion. This is according to the State Customs Service. During the first 8 months of 2024, Ukraine imported goods worth $45.1 billion and exported – $27.5 billion. At the same time, taxable imports amounted … Read more
The free trade agreement with Turkey, which is currently undergoing the process of ratification in the Ukrainian parliament, will facilitate the entry of Ukrainian manufacturers into the Turkish market and the attraction of Turkish investments into the Ukrainian economy. Ukrainian Ambassador to Turkey Vasyl Bodnar said this in a comment to Ukrinform. “Thanks to the … Read more
On September 1, 2024, the Digital Trade Agreement between Ukraine and the United Kingdom entered into force. Ukraine became the second country after Singapore to sign such an agreement with the United Kingdom. The relevant statement was made by the Ukrainian Economy Ministry, an Ukrinform correspondent reports. “The implementation of this agreement will deepen Ukraine’s … Read more
Hungary will maintain its ban on the imports of Ukrainian agricultural produce, but will permit its transit and will try to persuade the European Union to draw up rules that will take Hungarian farmers’ interests into account, Hungarian Agriculture Minister Istvan Nagy said at a meeting with Ukrainian Deputy Economy Minister and Kiev’s Trade Representative … Read more