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Photo – Deficit of trade in goods decreased to $111 million for the first half of September 2022
Deficit of trade in goods decreased to $111 million for the first half of September 2022

During the first half of the month, Ukraine exported products worth $1.18 billion, and imported – $1.93 billion

Photo – The State Statistics Service estimates a drop in Ukraine’s GDP in the second quarter of 2022 at 37.2% y/y
The State Statistics Service estimates a drop in Ukraine’s GDP in the second quarter of 2022 at 37.2% y/y

Compared to the previous quarter, the country's economy decreased by 19.1% in April-June 2022

Photo – The decline of Ukraine’s economy slowed to 35% y/y in August 2022 – Ministry of Economy
The decline of Ukraine’s economy slowed to 35% y/y in August 2022 – Ministry of Economy

In 2022, the department predicts a decline in the country's GDP by 33.2% on an annual basis

Photo – The foreign trade deficit in goods in August decreased by a third compared to July
The foreign trade deficit in goods in August decreased by a third compared to July

In August, exports of goods increased by 13.9% compared to the previous month, while imports decreased by 2.3%

Photo – Grants and loans accounted for 56% of the state budget in August
Grants and loans accounted for 56% of the state budget in August

During the month, financing of Ukrainian state budget with own resources amounted to UAH 134 billion, and external resources – UAH 172 billion

Photo – International partners have provided $17.5 billion in aid to Ukraine since the beginning of the war
International partners have provided $17.5 billion in aid to Ukraine since the beginning of the war

In the coming months, the next tranche of macro-financial assistance from the European Union in the amount of €8 billion is expected

Photo – The deficit of foreign trade in goods increased by 4 times y/y in July
The deficit of foreign trade in goods increased by 4 times y/y in July

In July 2022, exports of goods from Ukraine decreased by 47.9%, imports – by 21.9%

Photo – The Ministry of Economy predicts a drop in GDP by 35-40% by the end of 2022
The Ministry of Economy predicts a drop in GDP by 35-40% by the end of 2022

The National Bank has similar forecasts for the development of the Ukrainian economy

Photo – The deficit of foreign trade in goods doubled in the first half of the year
The deficit of foreign trade in goods doubled in the first half of the year

In the specified period, exports of goods from Ukraine decreased by 24%, imports – by 19.1%

Photo – The deficit of the consolidated balance of Ukraine payments amounted to $2.1 billion in June
The deficit of the consolidated balance of Ukraine payments amounted to $2.1 billion in June

In June 2021, the balance of payments was adjusted with a surplus of UAH 753 million

Photo – S&P downgraded Ukraine’s rating to the pre-default level
S&P downgraded Ukraine’s rating to the pre-default level

The agency's decision follows a similar Fitch verdict

Photo – The NBU expects a 37.5% decline in Ukraine’s GDP in the second half of the year
The NBU expects a 37.5% decline in Ukraine’s GDP in the second half of the year

In the first quarter of 2023, the country's economy will also shrink by 19%, and recovery will begin in the second quarter

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