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growth rate of exports, restraining the enlargement of currentt account deficit. According to Concorde's projections, Ukraine’s current account deficit will reach $2.1bn, assuming the goods trade deficit of $10.8bn.
5.2.1 Import/export dynamics
External 2007 2008 2009 2010 2011 2012 2013 201 2015 2016 Jan-Nov 2017 2018 balance 4 2017 E F
Exports (US$bn) 61.4 82.5 52.1 65.6 83.7 86.5 81.7 65.4 47.6 44.9 39.4 60.2 60.8
Imports (US$bn) 69.5 96.8 54 69.6 93.8 100.9 97.4 70 49 50.3 44.5 54.6 57.2
Trade balance -8.1 -14.4 -2 -4 -10.1 -14.3 -15.6 -4.6 -1.5 -2.9 -5.2 -5.3 -6.4 (US$bn)
Trade balance -5.7 -7.8 -1.7 -2.9 -6.2 -8.2 -8.7 -3.5 -1.6 -5.8 / -4.4 -5.9 (% of GDP)
Source: ICU
Ukraine exported goods and services worth $11.2bn to EU in H1, 2018 , according to President Petro Poroshenko. Ukraine signed the Association Agreement between Ukraine and the European Union almost exactly a year ago and during this period the EU states became the largest trading partners of Ukraine. "Exactly one year ago, the Association Agreement between Ukraine and the EU fully came into effect... Today we have the first results. The countries of the European Union have become the largest trade partners of Ukraine - the share of the EU in Ukraine's foreign trade has reached 42%. In the first half of the year, we exported goods and services worth $11.2bn to the EU, which is almost $2bn more than in the same period last year," Poroshenko wrote on his Facebook page.
Egg exports were up 28% by volume through August, year over year,
28 UKRAINE Country Report October 2018 www.intellinews.com