Export of goods from Dnipropetrovsk region to the world’s countries in the 1st half of 2020 amounted to $3.7 billion (16.1% out of Ukraine’s export volume). Export of goods exceeded imports by 43%. The trade surplus amounted to $1577.1 million, which is 6% more compared to the corresponding period of last year.
The largest share (93.5%) in the export of goods belongs to industrial products. The region exported more than a quarter of Ukraine’s industrial products worth $3458 mln. The largest share of exports was made up of ferrous metals and products thereof 49.9% ($1845.6 mln), as well as ores and slag 32.8% ($1213 mln). It should be noted that the share of these products in Ukrainian export amounted to 40.6% and 62.1%, respectively.
Agricultural and food industry products with a share of 5.9% were exported in the amount of $217.9 mln. At the same time, construction products (0.6%) worth $20.9 mln.
The export volumes of certain products types have significantly increased, some of which are not traditional for the region:
China became the leader among consumers of Ukrainian goods. Exports to this country have doubled compared to the first half of 2019 and amounted to $887.4 mln. Poland took the second place among the world consumers of the region’s products. Exports to this country decreased by 31.3% compared to the corresponding period of last year, but still occupies a leading position. Export amounted to $250.2 mln. Turkey ranks third among the world consumers of the region’s products. Exports also decreased by 6.8% and amounted to $206.5 mln.
The volume of goods exports to the following countries has significantly increased: Qatar (by 6 times), Colombia, Belgium and Bulgaria (by 3 times), Denmark, Canada and Saudi Arabia (by 2 times).
Import of goods from the world’s countries in the 1st half of 2020 amounted to $2.1 bln (8.8% out of Ukraine’s imports).
The largest share (86.1%) in the goods import is occupied by industrial products in the amount of $1824.8 mln.
Agricultural and food industry products with a share of 11.7% were imported in the amount of $248.4 mln. While construction products (2.2%) worth $ 46.4 mln
Compared to the corresponding period of last year, the volumes of imports, primarily of goods from the processing industry, increased significantly, in particular:
Among the countries of the world, which products were most imported by the Dnipropetrovsk region, China is leading with negative dynamics (decrease by 3.5%) with a volume of $396.4 mln. The second place was taken by the Russian Federation, the import of goods from which decreased by 50% compared to the corresponding period of 2019 and amounted to $352.5 mln. In third place is Germany. Imports amounted to $138.7 mln and decreased by 23.8% compared to the corresponding period.
Import from the following countries more than doubled: Colombia (by 12 times), Dominican Republic and Estonia (by 5 times), Peru and Tunisia (by 3 times), Kenya, Latvia and Moldova (by 2 times).
Foreign trade operations were carried out with partners from 160 countries of the world.