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In 2022, trade with the EU accounted for 63.3% of Ukraine’s exports

In 2022, trade with the EU accounted for 63.3% of Ukraine’s exports. Photo: euneighbourseast.eu

In 2022, trade with the EU accounted for 63.3% of Ukraine’s exports. Photo: euneighbourseast.eu

In 2022, the share of Ukraine’s exports to the EU reached 63.3%. The data on the amounts and dynamics of exports in 2021 and 2022 have been published on the Diia.Business platform.

Last year, the European Union remained Ukraine’s largest trade partner, like it was in 2021. Meanwhile, its export share increased drastically—from 40.4% at the beginning of 2022 to 68.8% in November. The average share during the 11 months was 63.3%.

In contrast, trade with the Asian region decreased from 35.2% in January to 21.6% in November (the average share was 21.8%). In addition, 4.9% of exports went to Africa and 4.1% to European countries.

Poland was the most active buyer of Ukrainian goods in 2022, with exports amounting to $6.2 billion, or 15.2%. Other Ukraine’s major trade partners were Romania ($3.5 billion or 8.6%), Turkey ($2.7 billion or 6.6%), China ($2.2 billion or 5.4%), and Germany and Hungary ($2.1 billion or 5.2% each).

The total amount of Ukrainian exports during the first 11 months of 2022 decreased from $61.3 billion to $40.7 billion (a decrease of 36.6%).

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