up to date!Ukraine's export value in August reached the maximum value since February 24, and the proportion of exports will increase to more than 50%

Author:Daily Economic News Time:2022.09.03

According to CCTV News quoted Ukrainian media reports on September 3, the Ministry of Economic Affairs issued a report that the export volume of Ukraine's goods in August 2022 increased by 13.9%to US $ 3.36 billion. This is the highest amount since February 24, but decreased by 44%from January this year ($ 6 billion). Among them, in August, the export of sea transport increased by 85%to nearly 2.9 million tons; railway exports exceeded 3 million tons of goods; and more than 1.36 million tons of goods were exported through highway.

Image source: Visual China-VCG31N1242534232

Swridengko, the first deputy prime minister and Minister of Economic Affairs of Ukraine, said that the government is actively taking measures to increase the proportion of exports from GDP from 35%to 50%now.

Earlier, according to CCTV news reports, on August 26 local time, Ukraine President Zeleiski said in a video speech that as of now, Ukraine has exported 1 million tons of grain through the three ports of the Black Sea coast, Ukraine Essence

Image source: Visual China-VCG111395841294

It is worth mentioning that according to CCTV News, the National News Agency reported on August 19, the first Vice Prime Minister and Economic Minister of Ukraine Yuliya Svyridenko said that the Ministry of Economic Affairs is expected to produce in Ukraine at the end of the year. The total value will decline by 35%-40%.

She said the Ukrainian government is taking measures to support enterprises. In addition, Ukraine is undergoing a plan to transfer business to the west. More than 700 companies have been relocated to the west, and this process will continue.

Earlier, the National Bank of Ukraine issued a report saying that Ukraine's inflation rate will reach 31%in 2022, and the total domestic product will decrease by one -third. It is expected that the Ukraine economy will return to growth in 2023.

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