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China retained the status of Ukraine's largest trade partner - Ukrainian customs

Ukraine / Asia

Bilateral trade between Ukraine and the People's Republic of China amounted to 15.42 billion US dollars, an increase of 20.8%

China retained the status of Ukraine's largest trade partner - Ukrainian customs

In 2020, China retained the status of Ukraine's largest trading partner. Bilateral trade amounted to $ 15.42 billion, an increase of 20.8% over the previous year, the State Customs Service of Ukraine said on its official website on Tuesday.

According to the State Customs Service, in January-December 2020, Ukraine delivered goods worth $ 7.11 billion to China. This is 97.7% more compared to 2019. The main export items were ore and slags, grain crops, ferrous metals, fats and oils of vegetable and animal origin.

At the same time, imports from the PRC in 2020 decreased by 9.4% to $ 8.31 billion. Ukraine mainly purchased electrical machinery, equipment, vehicles, plastics, toys and sports equipment.

In general, in 2020, the trade turnover of Ukraine amounted to 103.4 billion US dollars, decreasing by 6.4% compared to 2019. Exports fell 1.7%. - to 49.2 billion dollars, while imports fell by 10.3% - to 54.2 billion dollars.

According to the Ukrainian side, in 2019, the volume of trade in goods between Ukraine and China amounted to $ 12.76 billion, an increase of 30.4% compared to 2018. This allowed China to become Ukraine's largest trading partner.

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