Doing business
This is 7.3% more than in 2021
In January-October 2022, 63% of Ukrainian exports were sent to EU countries, mainly to the central and eastern regions.
“For 10 months of 2022, 63% of all Ukrainian exports were sent to EU countries, which is 7.3% more than in 2021. The growth took place through increased exports to the countries of Central and Eastern Europe — Poland and Romania, Hungary, Slovakia, and Bulgaria,” the message states.
According to the information of the Office, at the same time, exports to the countries of Western Europe decreased significantly, in particular, to Germany by 20%, the Netherlands by 26%, and Italy by 52%.
The export of Ukrainian products to Asian countries also suffered a significant reduction — 57% of pre-war indicators. The largest trade partners of Ukraine in the region are Turkey and China (more than 54% of export supplies).
In addition, a significant reduction in export supplies to the CIS countries (except Moldova) was also recorded – up to 64%.
It is noted that the reduction in exports (up to 55%) occurred to African countries. Egypt, Algeria and Libya became Ukraine’s largest trading partners (about 62% of total exports to the region).
Exports to American countries decreased by 67%. The key trading partner of Ukraine in the region remains the USA (71% of export deliveries to the region).
Source: https://investory.news/