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Ukraine’s trade fell to a third

Внешняя торговля Украины упала втрое

In the first months of the year exports continued to fall at a faster pace than imports.

Negative balance of foreign trade of Ukraine increased almost threefold in the first two months of 2016 and totaled $731 million, compared with $255 million a year earlier, according to the state statistics service.

According to the service, this is due to the fact that exports of goods in two months fell by 21.3% to us $4,722 billion, while imports only by 12.8%, to $5,453 billion.

As a result, the coverage ratio of imports by exports deteriorated from 0.96 to 0.87 in January and February.

Note, the balance of foreign trade in goods of Ukraine in 2015 is $632,5 million, while in 2014 it was negative in the amount of $527 million.

As reported Корреспондент.netaccording to the NBU, Ukraine for the first month of 2016 fell short $200 million of export revenue due to trade restrictions in Russia.

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