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Eastern Europe Monitoring Ukraine

Ukrainian exports to the US in January-July 2017 grew 2.2 times

Ukrainian exports to the US in January-July 2017 grew 2.2 times year-over-year, amounting to $471 million, the Ministry of Economic Development and Trade reported on Twitter, citing Minister Stepan Kubiv’s address during the seventh meeting of the Ukrainian-American Trade and Investment Council.

According to the official, the exports of Ukrainian goods to the US totaled $426.6 million in 2016. At the same time, in the current year, the growth of exports was achieved due to the increase in supplies of ferrous metals – by 2.4 times. As UNIAN reported earlier, Ukrainian businesses have the opportunity to enjoy the advantages of the General System of US Preferences, which provides for duty-free exports to the US of about 5,000 types of goods.

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