Foreign trade of goods and services in 2014

State Statistics Service released data on the volume of foreign trade of goods and services in 2014 separately for each country. Statistical information also includes a comparison with the previous year of 2013.

Lets make an illustration of several key indicators of trade with Europe. We’ve included as Turkey, Cyprus, Russia and Caucasus states, so that “Europe” is presented in its broadest form. First, look at the balance of trade in goods and services for the year 2014:

The balance of foreign trade in goods with European countries in 2014

You can see, though not a clear dividing line between trade in goods with relatively more prosperous North Europe, and poorer South. Not painted countries in the first and second map means that there is no statistics on them.

The balance of foreign trade in services with Europe in 2014

The map shows that the balance of trade in services in Ukraine is much better than the goods trade balance. The negative balance of trade in goods only to the EU in 2014 was -4.06 billion U.S. dollars, and positive balance of trade in services was 0.94 billion U.S. Dollars.

For comparison, negative balance of trade in goods with the CIS in 2014 amounted to -2.36 billion U.S. dollars and positive balance of trade in services was 2.82 billion U.S. dollars.

In these two maps shows a change in the dynamics of exports/imports of goods and services for 2013-14 years. Lists only those countries, esport or import of which in 2014 exceeded 100% over the previous year. Countries where rates of exports and imports fell together, or both exceeded 100% compared to 2013 year are not colored.

Dynamics of export and import of goods in Ukraine in 2014, compared to 2013

From the first map might get the impression that Ukraine has significantly increased production of goods for export, so we are seeing a positive trend. But it’s not completely true, because the map looks that way mainly due to a sharp decline in imports in 2014. If imports grew as in previous years, most of the remaining uncolored as Lithuania and Latvia (increased both indicators – export and import).

Dynamics of export and import of services in Ukraine in 2014, compared to 2013

Map of exports/imports of services looks smoother. In the past 2014 Ukraine decreased exports to nine countries in the region, increased imports from twelve.

Recall that earlier on site published visualization of export/import of goods and export/import of services for regions of Ukraine in 2014.