New car sales increased by 30% during the first half of this year, compared to the same January-June period last year, reports Ukravtoprom, the vehicle industry association. Last year, despite the Covid-induced recession, car sales dropped only 3%, compared to 2019. Of the 48,400 new cars sold this year through June, the leading brands were: […]
By James Brooke, UBN 🔵 Ukraine’s exports to the EU have increased by more than one third so far this year 🔵 Italy-Ukraine trade increased by 39% 🔵 In the first five months of the UK-Ukraine free trade deal, bilateral trade has jumped by 41.5% yoy 🔵 President Zelenskiy plans to spend $9 billion during the three remaining years […]
Exports are up by 25%, or almost $5 billion, for the first five months of this year, Prime Minister Shmygal writes on Facebook. Exports to China, Turkey, UK and US were up almost 50%, compared to January-May 2020. Registrations of used imported cars were up 45% for the first five months of this year, compared […]
Ukraine reaches latest IMF agreement, paving way for USD 1 bln tranche The Ukrainian government reached an agreement with IMF staff to update its economic and financial policies memorandum, IMF Mission Chief in Ukraine Ron van Rooden announced on March 4. As a result, the third review of the Extended Fund Facility (EFF) program by […]
January Ukraine external trade results are really impressive!! Ukraine C/A deficit narrows to USD 26 mln in January Ukraine’s current account narrowed to a USD 26 mln deficit in January from USD 315 mln a year ago, the National Bank of Ukraine reported on March 2. A 41% yoy upsurge in export proceeds offset imports […]