Ukraine boosts exports to EU by 26.5% in 1Q

Exports of goods from Ukraine to the European Union in the first quarter of 2018, compared with the same period in 2017, increased by 26.5%, totaling $4.058 billion.

The share of exports to EU in the overall volume of Ukrainian exports in the first quarter stood at 38.9%, the National Bank of Ukraine reported on its website.

Imports from the EU for the same period increased by 10.7%, amounting to $4.523 billion.

Read alsoUkrainian farmers export almost 34 mln tonnes of grain since July 1At the same time, the NBU says exports of goods to Russia in 1Q 2018 decreased by 11.5% y-o-y, to $709 million, while imports grew by 28.4%, to $1.9 billion.

As UNIAN reported earlier, Ukraine's balance of foreign trade in goods and services in January-March 2018 was reduced to a deficit of $1.691 billion, which 25.4% above the deficit recorded in January-March 2017 at $1.3 billion.