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EU, Russia and Turkey among Ukraine’s biggest trade export partners

In the first half of 2017, Ukraine’s export of goods rose to 24.2% as compared to the same period in 2016

A truck on the Russian-Ukrainian border Mikhail Metzel/TASS

A truck on the Russian-Ukrainian border

© Mikhail Metzel/TASS

KIEV, August 16. /TASS/. The European Union, Russia, Turkey, India and Egypt are still Ukraine’s biggest trade partners in terms of export of goods, the country’s Ministry of Economic Development and Trade reported Wednesday.

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"Ukraine’s top five trade partners in terms of export of goods are: the European Union countries (39.8%), the Russian Federation (9.4%), Turkey (6.1%), India (5.5%), Egypt (5.3%)," the Ministry said. Meanwhile, the country increased its exports to EU states by 26.1% ($1.7 bln) to $8.2 bln as of now, the report said.

All in all, "in the first half of 2017, Ukraine’s export of goods rose 24.2% as compared to the same period in 2016 to $20.7 bln," according to the report. Traditionally, the export structure contained agriculture products and food (42% of the total exports), metal products (23%), machine building products (11.4%) and mineral products (9.6%).

Previously, the State Statistics Service of Ukraine said that the country boosted export of goods to Russia by 26.4% in the first half of this year to $1.93 bln, and import - by 41.5% to $2.99 bln. Ukraine’s visible trade of balance with Russia was negative in the reporting period and amounted to $1.054 bln. Meanwhile, the trade balance in services was positive in the first half of the year: export of services to Russia increased 11.7% in the period to $1.645 bln, while import grew 17.6% to $208 mln.

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