During the 1^st half of 2020 the EU remained the key trade partner for Ukraine with a share of 40,8% in our foreign trade (40,1% in 2019). According to the data of the State Statistics Service of Ukraine, the total volume of bilateral trade in goods and services had decreased by 14,8% and accounted for 22 bln USD.

Exports of goods and services to the EU had decreased by 14,7% and accounted for 10,5 bln USD. Imports  of goods and services from the EU had decreased by 14,2% and accounted for 11,5 bln USD.

Ukraine – EU trade in goods 

Total trade in goods between Ukraine and the EU had reached 18,8 bln USD during the 1^st half of 2020 – this is 14,6% less than during the same period in 2019. Exports of goods to the EU decreased by 17,1% and accounted for 8,5 bln USD. Imports of goods from the EU decreased by 12,5% and accounted for 10,3 bln USD.

Main product categories of exports of goods to the EU include:

• black metals – 15,5% (↓21,3%);
• grains – 12,8% (↓30,7%);
• fats and oils – 11,2% (↑30,0%);
• electric machines – 10,9% (↓21,0%);
• ores – 7,0% (↓40,4%);
• wood and wooden products – 5,5% (↓13,5%);
• nuclear reactors, boilers, machines – 3,1% (↑4,8%);
• energy resources – 3,0% (↓29,1%).

Main product categories of imports of goods from the EU include:

• nuclear reactors, boilers, machines – 12,6% (↓16,4%);
• transportation means (except railroad transport) – 10,2% (↓34,2%);
• energy resources – 8,4% (↓29,2%);
• electric machines and equipment – 7,9% (↓7,9%);
• pharmaceutical products – 7,7% (↑9,4%);
• plastics and polimers – 5,8% (↓4,5%);
• chemical products – 4,7% (↓15,1%);
• paper ans cardboard – 2,6% (↓10,9%).

Ukraine – EU trade in services

Total trade in services between Ukraine and the EU had reached 3,2 bln USD during the 1^st half of 2020 – this is 13,2% less than during the same period in 2019. Exports of services to the EU decreased by 4,9% and accounted for 2 bln USD. Imports of services from the EU decreased by 23,9% and accounted for 1,2 bln USD.

Main categories of exports of services to the EU include:

• telecommunications services – 32,9% (↑36,5%);
• transport services – 25,5% (↓21,4%);
• production services – 21,6% (↓15,7%);
• business services – 13,6% (↓3,9%);
• repair and technical services – 1,9% (↓18,4%).

Main categories of imports of services from the EU include:

• business services – 24,0% (↓21,9%);
• transport services – 20,7% (↓34,3%);
• royalty and other services – 15,1% (↓7,6%);
• telecommunications services – 13,2% (↑8,8%);
• financial services – 11,4% (↓10,3%).

Most recent statistical data on Ukraine’s foreign trade is available at the website of the State Customs Service of Ukraine: https://bi.customs.gov.ua/trade/#/.