The economy of Ukraine is growing for ten consecutive quarters, according to the data released by the State Statistics Service of Ukraine. Thus, Ukraine’s GDP in the second quarter of this year amounted to 3.6% compared with the same period last year.
Increase in exports of goods contributed to the economic upturn. In the first half, the growth of the export index amounted to 12.7% compared with same period of the last year. Export turnover exceeded $ 23.2 billion, exports of goods and services grew by 5.7 % to $ 5.38 billion and exceeded import figures. Over the first six months a positive trade balance amounted to $2.8 billion.
The European Union remains a key market for Ukraine. Export to the EU in the first half of 2018 exceeded a sum worth $ 11.1 billion.