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trade of 269,000 tons of various fruit varieties last year. Turkish products make up 28.8% of all imports, followed by Ecuador (12.9), Greece (6.2%), Costa Rica (6.8%), Spain (5.4%), Egypt ( five%). These countries account for 64% of the exotic fruit trade with Ukraine.
5.2.2 Current account dynamics
Ukraine’s current account (C/A) surplus swelled to $797mn in January
from $80mn in December, mostly due to an improved goods trade balance, the National Bank of Ukraine (NBU) preliminarily reported February 2. The January trade balance switched to the surplus of $260mn from the deficit of UAH362mn in December. The surplus of primary income enlarged to $268mn in January from $52mn in December, the surplus of secondary income declined to $269mn from $390mn.
5.2.3 Gross international reserves
Ukraine’s gross international reserves (GIR) fell by 1% to $28.5bn due to redemption of debt obligations, the National Bank of Ukraine (NBU) reported on March 5 as cited by Unian.
The fall was due to the repayment of both international and domestic debt obligations the regulator said, but the reduction was mitigated by strong inflows into the domestic OVDP bond market.
"FX inflows to the government amounted to $456.7mn came from a placement of domestic government debt securities. At the same time, the government spent and equivalent of $633.9mn on servicing and repayment of FX public
31 UKRAINE Country Report April 2021 www.intellinews.com