Malta only imports EUR 9 million in goods from Ukraine but no exports in 2015

Malta imported EUR 9 million worth of goods and services from the Ukraine in 2015 but exported absolutely nothing. The occasion of the EU-Ukraine summit which takes place today could be a good occasion for the Maltese delegation to get hold of some trade deals although the government situation inside Ukraine is unstable to say the least.

On the occasion of the 18th European UnionUkraine summit, which takes place on 24 November in Brussels, Eurostat, the statistical office of the European Union, issues some data on trade in goods between Ukraine and the EU. These data cover the period before provisional application of the Deep and Comprehensive Free Trade Agreement (DCFTA) part of the EU-Ukraine Association Agreement began on 1 January 2016.

Key figures

> Ukraine: 24th largest EU partner for exports in 2015 (0.8% of all exports), after Morocco and ahead of Malaysia

> Ukraine: 28th largest EU partner for imports in 2015 (0.7% of all EU imports), after Israel and ahead of Morocco

> EU trade in goods balance with Ukraine in 2015: surplus of €1.2 billion, smallest recorded over the last 10 years

> EU exports to Ukraine dominated by manufactured goods (77%)

> EU imports from Ukraine almost equally shared between primary goods (49%) and manufactured goods (47%)

> Highest surpluses with Ukraine for Germany (+€1.8 bn) and Poland (+€1.5 bn)

> Largest deficits with Ukraine for Italy (-€1.2 bn) and Spain (-€0.9 bn)