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Balance of trade · Ukraine

Ukraine Balance of Trade

The Ukraine Balance of Trade shows the difference between the value of goods (and sometimes services) that Ukraine sells abroad and what it buys from abroad, or the growth of exports and imports.

Importance
Low
Released
Monthly

Latest figures

The latest release for AUG, published on 15 October 2025, came in at $-3589.8M.

ReleasedForActualConsensusPrevious
15 Oct 2025AUG$-3589.8M–$-4101.5M
15 Sep 2025JUL$-4101.5M–$-3901.4M ®
14 Aug 2025JUN$-3900.6M–$-3065.1M ®
16 Jul 2025MAY$-3064.3M–$-3007.2M ®
13 Jun 2025APR$-3007.7M–$-3499.0M
15 May 2025MAR$-3499.0M–$-2645.4M
14 Apr 2025FEB$-2645.4M–$-2369.0M ®
17 Mar 2025JAN$-2335.1M–$-3769.5M
14 Feb 2025DEC$-3769.5M–$-2527.5M

See it in the economic calendar →

Why it matters

Exports are a big part of demand for open economies (Germany, China, Japan, Korea, the Netherlands). A larger surplus means more foreign demand for the the local currency; strong imports signal domestic demand. China's figures are read as a gauge of world demand.

How it is calculated

Customs records the value of goods crossing the border; services come from surveys. The balance is exports minus imports, usually seasonally adjusted.

Trade balance = exports − imports

What changes mean

  • Look at exports and imports separately: a wider surplus from collapsing imports is a sign of weak domestic demand, not strength.
  • Exchange-rate moves take months to affect trade volumes (the J-curve).

Higher than expected: A larger surplus (or smaller deficit) than expected tends to support the the local currency.

Lower than expected: A smaller surplus (or larger deficit) than expected tends to weigh on the the local currency.

A short history

Trade balances were the obsession of mercantilism in the 16th–18th centuries; David Hume's price-specie flow mechanism (1752) explained why surpluses tend to correct themselves.

Questions

What is the Ukraine Balance of Trade?

The Ukraine Balance of Trade shows the difference between the value of goods (and sometimes services) that Ukraine sells abroad and what it buys from abroad, or the growth of exports and imports.

What was the latest Ukraine Balance of Trade?

$-3589.8M for AUG, published on 15 October 2025.

Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.