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Ukraine’s foreign trade surplus in January-September 2014 reach $4.25 bln

November 14, 2014, 23:24 UTC+3 KIEV

According to official statistics, Ukraine’s imports dropped by more than a quarter as compared to the preceding year

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KIEV, November 14. /TASS/. Ukraine’s foreign trade surplus reached 4.25 billion U.S. dollars in the nine months of 2014 against a deficit of 5.944 billion U.S. dollars a year before, the National Statistics Service said in a report made public on Friday.

In January-September 2014, Ukraine’s exports amounted to 49.65 billion U.S. dollars, whereas its imports stood at 45.4 billion U.S. dollars.

Surplus in trade with countries of the Commonwealth of Independent States (CIS) was 386.5 million U.S. dollars in January-September 2014 (in January-September 2013, Ukraine had a deficit of 482.3 million U.S. dollars). Trade with other countries demonstrated a surplus of 3.864 billion U.S. dollars /a deficit of 5.462 billion U.S. dollars in 2013/.

However, according to official statistics, Ukraine’s imports dropped by more than a quarter as compared to the preceding year, “In the first nine months of 2014, the country’s imports amounted to $41.17 billion, which was 25.4% smaller than in January-September 2013,” the document said.

According to the Statistics Service, the dramatic slump in Ukraine’s overall imports stemmed largely from an 82-percent decline in gas imports in September 2014. In September, the service registered a 37.4-percent decrease in medicine imports, a 69.6-percent drop in pork imports, and a 26.4% decline in coal imports.

In January-September 2014, Ukraine increased import of goods only from Belarus (by 7.4%) as compared to the same period of 2013. The country’s imports from other countries decreased: by 36% from Russia, by 29.7% from China, by 28.3% from the United States, and by 25.

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