Contents tagged with import

  • Ukraine considerably increased imports of good from Russia in the first 11 months of 2017

    During an 11 month period in 2017, Ukraine increased its imports of goods from Russia (in monetary terms, compared to the same period in 2016) by 38.6%, to $ 6.3 billion, the National Bank of Ukraine reports.

    At the same time, exports of goods to Russia during this period increased by 11.9% to $ 3.06 billion, while overall trade turnover increased by 28.6% to $ 9.36 billion.

    The balance of trade with the Russian Federation for the first 11 months of last year was negative for Ukraine and …

  • Groysman: Ukraine has achieved full economic independence from Russia in the defense sector

    The Prime Minister of Ukraine, Volodymyr Groysman, stated that Ukraine has achieved full economic independence from Russia in the defense sector, the press service of the Cabinet of Ministers reported.

    “The work on import substitution was successfully completed. We were traditionally attached to the Russian economy, due to the aircraft construction and defense sector. Today, we have reached full import substitution. In general, the majority of products are manufactured by Ukrainian enterprises. …

  • Trade between Russia and Germany has fallen significantly

    Countries of the former Soviet Union are becoming increasingly unimportant for German business. The volume of export-import operations with major countries of the region, excluding Ukraine, fell significantly. Evidence of this can be found in the data, for the first half of 2016, of the Federal Statistical Office of Germany.

    DW reported that this data was exclusively obtained and then distributed to journalists by the German Committee on Eastern European Economic Relations, which is the …