Macroeconomic Overview By the end of the year, growth in imports of goods is expected to increase by 11%. Import of energy is expected to rise by 33.5% due to the termination of coal and coke supplies from Donbas, as well as the rising prices for petroleum products and gas. Engineering products will remain the main driver of non-energy imports, primarily due to increased demand from farmers. The growth of imports of food products is expected as a result of the gradual recovery of consumer demand. The balance of trade in goods in January-May 2017 remains negative - minus $1,330.2 mln.
Geography of Ukrainian Imports Period: 2010, 2016 Score: %
EU
2016 2010
43.7%
28.3% 13.1%
Russia China
36.5%
11.9%
7.7%
11.0% 7.6%
Germany Belarus
7.1% 4.2%
Poland
6.9% 4.6%
USA
4.3% 2.9%
France
3.9% 1.8%
Italy
3.5% 2.3%
Turkey
2.8% 2.1%
India
1.2% 2.7% 0.1% 2.6%
Egypt Source: Derzhstat
From 2014: Excluding the temporarily occupied territories of the Autonomous Republic of Crimea, the city of Sevastopol and part of the anti-terrorist operation zone.
Balance of Payments
Period: 1H, 2010-2017 Score: mln USD (without IMF Loans)
4,428 2,181
1,795 2012 2010
2011
2014
2015
2013
2016
-1,119 Source: NBU
407
1,049 2017
-1,300 -4,282
According to the results of the first half of this year, the surplus of the consolidated balance of payments amounted to $ 1,049 million. The surplus of the balance of payments allows to increase the international reserves to $ 17.79 billion as of July 1, 2017, which provides import financing for the future period of 3.7 months.
Corestone 2017 | National Investment CounŃ il | Middle Year Report
10