Despite the war: Ukraine in 2022 increased the export of goods to the EU
The European market accounts for more than 63% of our exports.
Ukraine in 2022, despite the full-scale Russian invasion, increased by 4% the export of goods to the EU countries, which amounted to almost $28 billion, Prime Minister Denys Shmyhal said at a government meeting.
“The EU is a key trading partner for Ukraine, the European market accounts for more than 63% of our exports. Last year, we imported almost $28 billion worth of goods to the countries of the European Union, which is 4% more than before the full-scale war,” he said. .
Export of goods to the European Union – what is important to know
As UNIAN reported earlier, on May 25, the European Rada extended for another year the duty-free import of Ukrainian goods to the EU countries. Thus, the Ukrainian business will not pay any duties, quotas and tariffs when exporting goods to the European Union until at least June 2024.
Prior to this, on April 27, 2022, the European Commission agreed to the abolition of all duties and quotas on Ukrainian exports for a year. Among the goals pursued by this decision were called helping Ukraine to stabilize the markets against the backdrop of a full-scale invasion, as well as preventing a global price crisis in the market.