Ukraine-China trade sees double-digit growth in 2020

Date: 13 Jan 2021

Ukraine's trade turnover amounted to $103.4 billion in 2020 and China remained Ukraine's largest trading partner, the press service of the State Customs of Ukraine reported on its official website on Jan 12.

According to the data published by the agency, Ukraine saw a 20.8 percent year-on-year growth in trade with China in 2020 with the value at $15.42 billion. Exports grew by 97.7 percent to $7.11 billion, while imports droped 9.4 percent to $8.31 billion.

Ukraine's main export products to China remained ore, grains, fats and oils, and metals, while the country imported electronics, machinery, equipment and vehicles.

Bilateral trade turnover between Ukraine and China was $12.76 billion in 2019.

Source: China Daily

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