Deficit of Ukraine’s foreign trade in goods grows 10 times in Jan 2023 – statistics

The deficit of Ukraine's foreign trade in goods in January 2023 increased more than 10 times compared to the same period in 2022, to $1.911 billion from $0.186 billion, the State Statistics Service reported on Friday.

According to its data, the export of goods from Ukraine over the specified period compared to January 2022 fell by 47.9% to $3.132 billion, and imports by 18.6%, to $5.042 billion.

The State Statistics Service said that in January 2023, compared to December 2022, the seasonally adjusted volume of exports dropped by 1.4%, to $3.292 billion, while imports grew by 4.1%, to $5.593 billion.

The seasonally adjusted foreign trade balance in January 2023 had a deficit of $2.301 billion, while in December 2022, it also had a deficit of $2.032 billion.

The export-import coverage ratio in January 2023 was 0.62 (in January 2022 it was 0.97).

The State Statistics Service reported that foreign trade operations were performed with partners from 188 countries.

Source: www.en.interfax.com.ua