Doing business
Ukraine continues to heroically resist the full-scale military aggression of the Russian Federation, including by resuming production. Destruction of logistics routes, supply chains of components and finished products. The destruction caused by shelling by the Russian occupiers of enterprises had a significant impact on the results of trade of the region’s enterprises with the countries of the world.
According to the results of the first half of 2022, the foreign trade turnover of goods decreased by 32% compared to the corresponding period of 2021, and amounted to $5.8 billion (12.1% of the total volume of Ukraine).
The positive balance is $2017.9 million.
In six months of 2022, enterprises of the Dnipropetrovsk region exported $3,900.7 million of their own products (17% of Ukraine’s exports). Compared to the corresponding period last year, the decrease in exports is 34.6%.
The largest share of exports was ferrous metals and their products, 45.9% ($1,791.4 million), as well as ores, slag, 36.3% ($1,414.4 million). Although the export of ore and slag decreased by 46% compared to the corresponding period last year, the share in Ukraine’s exports remains at the level of more than 63%.
Despite the Russian Federation launching a full-scale war against Ukraine, there is an increase in export volumes of the following types of products:
The import of goods from the countries of the world to the Dnipropetrovsk region in the first half of 2022 amounted to $1,882.8 million (7.5% of the volume of imports of Ukraine) and decreased by 25.6% compared to the previous period.
Mineral and chemical products, machines and equipment remain the most popular among domestic consumers.
Compared to the corresponding period last year, the volume of imports increased, in particular:
Foreign trade operations were conducted with partners from 157 countries.