2 0 obj He noted that the level of sales of domestic goods and services abroad in 2017 increased by 16%, with the EU's share in total exports from Ukraine amounted to 40.5%. On 27 December 2017, the CMU approved the Export Strategy of Ukraine: Roadmap for Strategic Development of Trade for the Period 2017-2021 (Export Strategy), envisaging an action plan for key vectors of export development in Ukraine. Many of these involve co-operation with Ukrainian companies and authorities, and require Western financial investment. Trade turnover between Ukraine and the Netherlands increased by 69% in 2017, while by 21% in January-March 2018, mainly due to an increase in exports, the Ministry of Agrarian Policy and Food has said. %���� Economic Policy & Debt: Balance of payments: Current account: Goods, services & income. crude); preparation. ��/O��̤. The UK is the sixth largest investor in Ukraine. This includes sanitary and veterinary norms. The second largest commodity sectors are Transportation (23.7%). Ukraine is the 26th EU trading partner after Thailand and before Egypt, accounting for slightly less than 1% of total extra-EU trade in goods in 2016. Harmonized System 1988/92, SITC Revision 2. In 2017, Ukraine was the worldâs eleventh largest steel exporter. Ukraineâs exports represented about 4 percent of all steel exported globally in 2016, based on available data. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). Economic Policy & Debt: National accounts: US$ at current prices: Aggregate indicators. 1) Product 'Total' is used for this computation. Total trade between the EU and Ukraine increased by 27.1 % from January to August 2017 vs January to August 2016. Other medicaments of mixed or unmixed products, Automobiles with diesel engine displacing more. We have many converging interests, in areas such as disarmament and peacekeeping. In 2009, the EU had a trade surplus with the Ukraine of EUR 6 billion. Merchandise trade statistics data for Ukraine (UKR) exports, Exports in US$000 to By Region (BY-REGION) for years 2013 to 2017 Hirschman Herfindahl index is a measure of the dispersion of trade value across an exporterâs partners. Number of countries to whom a particular country exports data in any given year. Semi-finished products accounted for the largest volume share of Ukraineâs steel exports at 40 latest available trade, tariff, trade barriers and other trade related data, Top 5 Products exports imports at HS 6 digit level, GNI per capita, Atlas method (current US$). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. <> The trade surplus remained throughout the whole period, reaching EUR 5 billion in 2019. The numbers just came in, and it turns out Ukraineâs biggest trading partner in 2017 wasâ¦Russia. By contrast, the value of Ukraineâs YTD 2017 exports increased by 19 percent compared to YTD 2016 â from $3 billion to $3.5 billion. Total number of products exported by a country at the Harmonized System six digit level in any given year. Economic Policy & Debt: National accounts: Atlas GNI & GNI per capita, Difference between Exports of goods and services (% of GDP) and Imports of goods and services (% of GDP), Indicator codes: NE.EXP.GNFS.ZS, NE.IMP.GNFS.ZS, Difference between Exports of goods and services (current US$) and Imports of goods and services (current US$), Indicator codes: NE.EXP.GNFS.CD, NE.IMP.GNFS.CD. In 2017, Ukraine exported $46.1B and imported $51.7B, resulting in a negative trade balance of $5.57B. In 2017, Ukraine exported 15.2 million metric tons of steel, a 17 percent decrease from 18.2 million metric tons in 2016. After a significant decrease in 2009 following the peak of â¬25.2 bn registered in 2008, the value of EU exports of goods to Ukraine recovered until 2013. In 2015, food and other agricultural products (worth $13 billion), metallurgy ($8.8 billion) and machinery ($4.1 billion) made up most of Ukraine's exports with trade ⦠Read more Ukraine joined New Zealand on the Security Council in 2016 as a fellow non-permanent member. Ukraineâs global trade continued to grow in 2018, but imports significantly outpaced exports, resulting in Ukraineâs trade deficit nearly tripling to $3.8 billion. Figure 4 shows the exports, imports and trade balance between the EU and the Ukraine from 2009 to 2019. Exports continue to be affected by weak global demand due to trade disputes. In 2017, Russian exports to Ukraine rose by 40% to a grand total of $7.2 billion, according to official statistics.The National Bank of Ukraine already noted that trade with Russia is greater than that with the EU.. Overall Ukraine incurred a -$9.5 billion trade deficit for 2018, expanding by 57.5% from -$6 billion in red ink one year earlier. Despite the difficult political and economic climate, Ukraine continues to offer opportunities in a broad range of sectors. Merchandise trade and tariff statistics data for Ukraine (UKR) imports, from partner countries including trade value, number of products, Partner share, Share in total products, MFN and Effectively Applied Tariffs, duty free imports, dutiable imports, and free lines and number of trade agreements for year 2017 Crude sunflower-seed and safflower oil and frac, Non-agglomerated iron ores and concentrates, Petroleum oils, etc, (excl. Following two years of declining trade, due to external aggression, a global decrease in commodity prices and severe economic crisis, exports from Ukraine to the EU began to increase again in 2016, by 3,7% in 2016 (to a total of 13,5 bn$). 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