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Ukrainian exports slump in first half


New figures show that the Ukraine has been hit by an export slump of 17% in the first half of 2015 fuelled by a combination of political instability and a lack of confidence in future development.
The latest freight traffic analysis report by Informall also demonstrates that a key factor in the slump has been local currency depreciation and most experts agree that the current situation will not improve until its fundamental cause has been addressed.
In the first half of 2015, exports amounted to 78,342 containers which is 16.7% less compared to the second half of 2014, when Ukraine exported 91,392 containers.
While growth was shown in several commodities including mineral ore and ferrous metal goods, huge reductions were seen in the export of seeds and mineral fuels – 78.5% and 67% respectively.
It is these consumer goods together with light industry which has a tendency to decline against the background of a sharp dev