Foreign Trade in Goods

In 2019, exports amounted to USD 719.2 million, imports totaled USD 568.6 million. Compared to 2018, exports increased by 8.7% (by USD 57.3 million), imports grew by 6.9% (by USD 36.6 million). The positive balance was equal to USD 150.6 million (the same trend in 2018, USD 129.9 million).

The export-import coverage ratio made up 1.26 (in 2018 – 1.24).

Foreign trade operations were carried out with partners from 120 countries of the world.

The largest volumes were exported to Germany – 23.6% of the total exports, Poland – 10.3%, Belarus – 7.6%, China – 5.6%, the Russian Federation – 4.3%, Italy – 4.2%, Turkey, Romania – 3.4%.

Exports of goods to EU member states equalled USD 445.2 million making up 61.9% of the total exports, and increased by 3.5% compared to 2018.

In the export commodity structure, products of vegetable origin prevailed – 24.3% of the total export; machines, equipment and mechanisms, electrical equipment accounted for 22.4%, wood and wood products – 15.4%, textile and textile products – 8.3%, stone, plaster and cement products – 7.5%, non-precious metals and items manufactured from them – 5.7%, mineral products – 4.2%.

The largest imports came from Belarus – 18.4% of the total imports, Poland – 14.0%, Hungary – 13.9%, China – 11.1%, Germany – 8.7%, Italy – 5.7%, the Russian Federation – 2,7%, the Czech Republic – 2,0%.

Imports of goods from EU member states were equal to USD 328.6 million making up 57.8% of the total imports, and increased by 15.8% compared to 2018.

Imports accounted for 27.6% of machinery, equipment and mechanisms, electrical equipment, 16.9% – mineral products, 10.4% – polymer materials, plastics and items manufactured from them, 9.5% – land vehicles, aircrafts and watercrafts, 7.9% – textile materials and textile products, 5.7% – non-precious metals and items manufactured from them, 4.8% – products of chemical and related industries.

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