Ukrainian exports to U.S. increase 2.2 times – Kubiv

Ukrainian exports to the U.S. in January-July 2017 grew 2.2 times year-over-year, amounting to $471 million, the Ministry of Economic Development and Trade reported on Twitter, citing Minister Stepan Kubiv's address during the seventh meeting of the Ukrainian-American Trade and Investment Council.

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"Over the seven months of 2017, exports from Ukraine to the United States grew 2.2 times, to $471 million," Kubiv said.

According to the official, the exports of Ukrainian goods to the U.S. totaled $426.6 million in 2016. At the same time, in the current year, the growth of exports was achieved due to the increase in supplies of ferrous metals – by 2.4 times.

Read alsoEU Trade Commissioner, Ukraine's Trade Envoy welcome EU's trade opening for UkraineAs UNIAN reported earlier, Ukrainian businesses have the opportunity to enjoy the advantages of the General System of U.S. Preferences, which provides for duty-free exports to the U.S. of about 5,000 types of goods.

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