Ukraine trade surplus for goods rises to $1.6bn in Jan-Aug

15 Oct, 2014

KIEV: Ukraine's trade surplus for goods rose to $1.166 billion in the first eight months of this year from $880 million in January-July, the state statistics committee said on Wednesday.

This contrasted with a $7.324 billion deficit in January-August 2013.

After some years in deficit, Ukraine has swung to a goods trade surplus this year due to a fall in imports mainly because of a gas pricing row with Russia and a 40 percent depreciation of its hryvnia currency.

Copyright Reuters, 2014

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