17 Aug 2009 15:01

Ukraine

KYIV. Aug 17 (Interfax) - Ukraine's foreign trade deficit in January-June 2009 came to $472 million, a decrease of 93% year-on-year, the State Statistics Committee said.

In the second quarter this indicator came to $50 million against $3.28 billion in the same period of 2008.

According to the committee, exports fell by 43.6% to $21.624 billion in January-June 2009 while imports went down by 51.3% to $22.096 billion.

In particular, exports of goods dropped by 46.8% to $17.33 billion while imports fell by $19.77 billion. Export of services in the first half shrank by 25% to $4.29 billion while their import went down by 21.4% to $2.32 billion.

It was earlier reported that the Ukraine's foreign trade deficit in 2008 came to $13.5 billion, a 90% increase over 2007. Exports increased by 34.9% to $78.7 billion while imports went up by 40.5% to $92.2 billion. Export of goods increased by 35.9% to $67 billion. Imports increased by 41.1% to $85.53 billion.