Ukrainian exports fell 24%, imports 19% in value in H1 - customs service

MOSCOW. July 14 (Interfax) - Ukraine's merchandise exports in dollars fell 24% year-on-year to $22.734 billion in January-June 2022, and imports fell 19% to $25.3 billion, meaning that the foreign trade deficit totaled $2.56 billion in H1 of this year, the Ukrainian media reported, citing the Ukrainian State Customs Service.

Ukraine boosted exports to the European Union 13% year-on-year to $13.4 billion in H1, while imports from these states fell 10% to $11.65 billion. Overall trade with the EU totaled $25 billion.

Trade in dollars with the Commonwealth of Independent States fell 38% in H1. Imports fell 27% to $3.7 billion, and exports slumped 54% to $1.47 billion, according to the customs service.

Imports from the EU make up 46% of Ukraine's overall imports, and the CIS accounts for 15% of imports and other countries for 39%, while 59% of Ukraine's overall exports went to the EU, 35% to the CIS, and 6% to other countries, the customs service said.