Some 63% of Ukrainian exports were directed to the EU countries from January to October, with most of them reaching the central and eastern regions, Ukraine’s Entrepreneurship and Export Promotion Office said in a post on Facebook.
“In the first ten months of 2022, 63% of all Ukrainian exports were directed to the EU countries, up by 7.3% YoY. Growth was recorded due to increased exports to countries in Central and Eastern Europe – Poland and Romania, Hungary, Slovakia and Bulgaria,” the report said.
According to the Office, exports to countries in Western Europe fell significantly, in particular, to Germany by 20%, to the Netherlands by 26% and to Italy by 52%.
Exports of Ukrainian products to Asian countries amounted to 57% of the pre-war indicators. The largest trade partners of Ukraine in the region are Turkey and China (more than 54% of export supplies).
In addition, a significant reduction was also recorded in export supplies to the CIS countries (except for Moldova) – up to 64%.
Exports to African countries fell by 55%. Egypt, Algeria and Libya became Ukraine’s largest trading partners (almost 62% of total exports to the region).
Exports to the Americas decreased by 67%. The United States remains Ukraine’s key trade partner in the region (71% of export supplies to the region). (Ukrinform/Business World Magazine)