Negative Balance Of Foreign Trade In Goods Worsens By USD 6,862.5 Million To USD 7,039.7 Million In 4M

In January-April 2023, the imports of goods exceeded exports by USD 7,039.7 million.

The State Statistics Service has said this in a statement, Ukrainian News Agency reports.

In January-April 2023, the negative balance of trade in goods worsened by USD 6,862.5 million year over year (negative balance in January-April 2022 was USD 177.2 million).

In January-April 2023, Ukraine exported goods for USD 13,334.3 million, down 19.6% year over year.

In January-April 2023, Ukraine imported goods for USD 20,374.0 million, up 21.5% year over year.

As Ukrainian News Agency earlier reported, in January-March 2023, the imports of goods exceeded exports by USD 5,393.9 million.

In 2022, the imports of goods exceeded exports by USD 11,124.7 million.

In 2022, the negative balance of trade in goods worsened by USD 6,353.9 million year over year (negative balance in 2021 was USD 4,770.8 million).

From July 21, the NBU adjusted the official hryvnia exchange rate by 25% to 36.5686 UAH/USD.

Since August 6, 2022, the National Bank has abolished the restriction under which banks and non-bank institutions had to buy cash currency from the population at a rate not lower than the official one.

The National Bank allowed banks to sell more currency to the public.

So, from September 6, the volume of cash currency that the bank can offer to the population will include the entire volume of non-cash currency purchased by it from April 13, 2022, and not half of it.