Ukrainian exports to the EU increased in percentage, but not in money - expert
Ukraine's plans to increase exports to the EU have failed
Although some experts declared an increase in exports to the EU, this is not true - there was only a relative increase in the EU share in the structure of Ukrainian exports.
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These data were provided by Oleg Ustenko, executive director of the International Blazer Foundation.
“Yes, the share of exports to the EU increased from 25% to 40%, but in monetary terms we never started selling in the EU anymore. The worst thing is that our export flows to the EU in monetary terms have been sharply reduced. One of the main reasons for the decline, besides the war and the poor business climate, is precisely the sharp drop in Ukrainian exports,” he said, adding that this year Ukrainian exports are also showing extremely negative trends.
Ukrainian exports to the EU increased in percentage terms, but not in monetary terms – expert