Export Value Grows, EU Share 42%
Total Ukrainian export value for the first quarter of 2019 is expected in the amount of $12.3 billion
Photo from Ukrinform – UATV
The value of Ukrainian exports to European countries has grown from 25% to 42% since the beginning of Russian aggression in 2014, President of Ukraine Petro Poroshenko said during a meeting in Brussels marking the 10th anniversary of the Eastern Partnership program.
“Since the beginning of the aggression of the RF [Russian Federation] and the closure of its markets for Ukrainian goods, we managed to retarget to the EU markets. Thanks to the Association Agreement, since 2014 our exports to EU countries increased from 25% to 42% in 2019. This is the best proof of the effectiveness of the Eastern Partnership program,” Poroshenko said.
According to the Minister of Economic Development, Stepan Kubiv, the overall Ukrainian exports value for the first quarter of 2019 is expected to be in the amount of $12.3 billion, which is $850 million more than in the same quarter for 2018, Kubiv wrote on Twitter.