Ukraine’s foreign trade deficit has broken a historic record – Forbes

Ukraine’s foreign trade deficit has reached a historic high — in June, imports exceeded exports by more than $5 billion.

This was reported by Forbes Ukraine, which published a corresponding chart.

The outlet writes that the situation with the trade balance, which reflects the difference between exports and imports, continues to deteriorate.

It was previously reported that Ukraine is increasing imports of goods while reducing exports.

The sharpest decline was seen in grain exports — down 24.2% (to $2.8 billion). At the same time, there was an increase in exports of animal and vegetable fats and oils — up 1.9% (to $2.1 billion), electrical machinery — up 8.9% (to $792.5 million), and ferrous metals — up 3.7% (to $995 million).