Ukraine’s gross domestic product (GDP) decreased by 5.9% YoY in January-May, according to the latest Economic Activity Report released by the Ministry for Development of Economy, Trade and Agriculture. In particular, the reduction of ISP (consolidated index of goods and services production by main economic activities) totaled 7.3% (a 6.7% decline in January-April) and respectively…
Due to epidemiological crisis caused by Covid-19, the foreign trade turnover of Latvia amounted to EUR 1.93 billion in May, which at current prices was 24.1% less than a year ago, of which the exports value of goods dropped by 16.8% and imports value of goods – by 29.6%. In May, Latvia exported goods in…
Exports and imports in Estonia both declined by a quarter YoY in May, government agency Statistics Estonia reported. Imports from China did however rise slightly, driven mainly by consignments of personal protective equipment from the country during the coronavirus pandemic. Evelin Puura, leading analyst at Statistics Estonia, said trade decreased the most with EU Member…
The value of trade turnover between Kazakhstan and Russia amounted to $5.2 billion over the first four months of 2020 compared to $5.7 billion during the same period of 2019, the Statistics Committee reported. The share of Russia in total value of Kazakhstan’s trade turnover was 18.7% during the reporting period of 2020 compared to…
Ukraine seeks to increase trade turnover with ASEAN countries to $5 billion, Foreign Minister of Ukraine Dmytro Kuleba stated at a meeting with Ambassador of Vietnam Nguyen Anh Tuan, Ambassador of the Republic of Indonesia Yuddy Chrisnandi and Ambassador of Malaysia Dato Raja Reza Raja Zaib Shah on the eve of 53rd anniversary of the…
Ukraine in January-June reduced electricity exports by 12.3% (by 374.6 million kWh) YoY, to 2.676 billion kWh, according to data from Ukrenergo. The supply of electricity from the energy island of Burshtyn TPP to Hungary, Slovakia and Romania decreased by 12.9% (by 263.2 million kWh), to 1.772 billion kWh. Electricity supplies to Poland increased by…
The government of Georgia will subsidize the 2020 grape harvest, especially grape varieties of Rkatsiteli and Kakhuri Mtsvane in order to support farmers completely sell their produce, Prime Minister Giorgi Gakharia has announced. Gakharia said that the price of Rkatsiteli and Kakhuri Mtsvane would not be less than 80 tetri. He added that in case…