Deficit of Ukraine's foreign trade in goods 2.2 times up in 11 months

Exports of goods from Ukraine over the period under review grew by 20.6% y-o-y, to $39.486 billion, while imports of goods rose by 27.5%, to $44.698 billion, it said.

The ratio of coverage of imports by exports was 0.88 in the 11 months of 2017 against 0.93 y-o-y.

Ukraine traded with partners from 221 countries and regions over the period under review.

Read alsoUkraine's budget deficit shrinks by 44.5% in 2017 Exports of goods to the EU countries increased by 30.4%, to $15.914 billion, while imports of goods from the EU rose by 22.8%, to $18.832 billion.

Exports of commodities to Russia increased by 11.6%, to $3.584 billion, while imports of goods from the Russian Federation grew by 38.2%, to $6.332 billion.

Earlier, the National Bank of Ukraine estimated the deficit of Ukraine's foreign trade in commodities in January-November 2017 at $7.836 billion.

As UNIAN reported earlier, the surplus of foreign trade in 2016 was $337.3 million, which was 90.9% down on the surplus recorded in 2015 at $3.828 billion, according to the State Statistics Service.

However, the National Bank of Ukraine said that Ukraine's foreign trade in goods and services showed a deficit of $5.581 billion in 2016.