The collapse of Ukraine’s foreign trade

On 17 March 2015, the State Statistics Committee of Ukraine published data on the country’s foreign trade, which show that in January 2015 the export of Ukrainian goods to European Union markets fell by 31%, and to Russia by 60% (compared to January 2014).

The total of Ukrainian goods exports in January 2015 fell by 31%, while imports decreased by 33.4%. The largest decline in exports was recorded by the Donetsk and Lugansk oblasts, 64.3% and 96.6% respectively, as work in many metal works and coal mines was halted because of the war.