Limitations on tax-free parcels from abroad, which will introduce payment of 20% VAT, 10% import duty and excise when an individual receives more than three parcels by international postal and express mail per month with a total price of over EUR 150, will become effective from January 1, 2019.
Goods exports from Ukraine in January-October 2017 grew by 20.9%, year-over-year, to $35.2 billion, according to Ukraine's Ministry of Economic Development and Trade.
Ukraine's Trade Representative Nataliya Mykolska says Ukraine lost US$31.4 billion in export revenue from 2012 to 2016.
Exports of goods from Ukraine in January-October 2017 grew by 20.9%, to $35.183 billion year-over-year, according to the State Statistics Service of Ukraine.
The deficit of Ukraine's foreign trade in goods and services in January-September 2017 was estimated at US$4.265 billion, which was 8.1% up from a deficit of $3.944 billion year-over-year (y-o-y), according to the website of the National Bank of Ukraine (NBU).
President and head of the board of the Ukrainian Association of Light Industry Enterprises Tetiana Izovit has announced that Ukraine's light industry posted a 7% increase in output in January-August 2017 year-over-year.
The deficit of Ukraine's foreign trade in commodities was estimated at US$1.7 billion in January-May 2017, which was by 1.8 times up from a $745 million deficit year-over-year (y-o-y), according to the Ukrainian State Statistics Service's website.
Ukraine's exports of goods and services grew by 28% in the first quarter of 2017 (Q1) year-over-year (y-o-y), to US$ 12.4 billion, which was $2.7 billion up y-o-y, according to the Ukrainian Economic Development and Trade Ministry's press service.
The balance of foreign trade in goods and services in Ukraine recorded a deficit of $1.261 billion in January-March 2017, which was 23.8% down from deficit at $1.655 year-over-year (y-o-y), according to the website of the National Bank of Ukraine (NBU).
Ukraine's deficit of foreign trade in commodities was estimated at US$ 86.7 million in January 2017, compared to a $308.7 million deficit year-over-year (y-o-y), according to the Ukrainian State Statistics Service's website.