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Bad Outlook for Ukraine´s Foreign Trade Balance
Ukraine’s external accounts have visibly deteriorated in 2012. No dramatic improvement in the balance of payments is expected this year.

Ukraine’s external accounts have visibly deteriorated in 2012 amid slump in the external demand and the robust expansion of non-energy imports. “In December C/A deficit jumped to all-time high of USD 1951 mn (30% increase in yoy terms) due to 13.6% drop in merchandise exports. Steel and chemicals exports suffered the most, while the export of…
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