{"id":27772,"date":"2024-03-14T09:45:16","date_gmt":"2024-03-14T06:45:16","guid":{"rendered":"https:\/\/ces.org.ua\/?p=27772"},"modified":"2026-04-20T16:41:46","modified_gmt":"2026-04-20T13:41:46","slug":"economic-review-in-february-what-is-the-future-of-ukraines-foreign-trade","status":"publish","type":"post","link":"https:\/\/ces.org.ua\/en\/economic-review-in-february-what-is-the-future-of-ukraines-foreign-trade\/","title":{"rendered":"Economic review in February 2024. What is the future of Ukraine\u2019s foreign trade?"},"content":{"rendered":"<p class=\"p1\" style=\"text-align: justify;\">Since March 2022, the Centre for Economic Strategy (CES), together with the German Economic Team (GET), has been preparing monthly reviews of Ukraine\u2019s economy during a full-scale war. All notes can be found\u00a0<a href=\"https:\/\/ces.org.ua\/en\/category\/research-list-en\/economy-during-the-war-en\/\"><span class=\"s1\">under the link.<\/span><\/a><\/p>\n<p class=\"p1\" style=\"text-align: justify;\">Executive summary:<\/p>\n<ul class=\"ul1\" style=\"text-align: justify;\">\n<li class=\"li1\"><b>Special topic:\u00a0<\/b>We overview the key figures of Ukrainian foreign trade in January and February. Share of\u00a0Chinese imports increased to 21.7% in January, twice the average for 2023. In January, drones are in\u00a0 top-10\u00a0imported goods.<\/li>\n<li class=\"li1\"><b>Sectoral analysis:\u00a0<\/b>Businesses improved their outlook after four months of negativity.\u00a0Ukraine&#8217;s exports of\u00a0grains and oilseeds reached a two-year record high thanks to the Ukrainian Sea Corridor, and electricity\u00a0exports are increasing.<\/li>\n<li class=\"li1\"><b>Monetary and\u00a0FX sector:\u00a0<\/b>Inflation slows down even further; rates are stable; international reserves decreased\u00a0slightly. Hryvnia is on downward course, reaching record-lows.<\/li>\n<li class=\"li1\"><b>Banking sector:\u00a0<\/b>January, as expected, showed a seasonal decline in deposit taking, but the situation\u00a0improved in February. The situation with loans remains relatively stable &#8211; they are slowly growing, but 5-7-9\u00a0remains one of the key drivers of lending.<\/li>\n<li class=\"li1\"><b>Fiscal sector:\u00a0<\/b>Foreign financing remains rather low with only $0.8 bn disbursed in February. Nevertheless,\u00a0Ukraine had to increase its expenditures after forced cuts in January.<\/li>\n<\/ul>\n<p class=\"p3\" style=\"text-align: justify;\"><span class=\"s3\">The recording of discussion is available <a href=\"https:\/\/ces.org.ua\/en\/future-of-ukraines-foreign-trade\/\">here<\/a>.<br \/>\n<\/span><\/p>\n<p class=\"p1\" style=\"text-align: justify;\">You can also access the visualization of monthly highlights through our regularly updated\u00a0<a href=\"https:\/\/ces.org.ua\/en\/tracker-economy-during-the-war\/\"><span class=\"s1\">Ukraine War Economy Tracker<\/span><\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Since March 2022, the Centre for Economic Strategy (CES), together with the German Economic Team (GET), has been preparing monthly reviews of Ukraine\u2019s economy during a full-scale war. All notes can be found\u00a0under the link. Executive summary: Special topic:\u00a0We overview the key figures of Ukrainian foreign trade in January and February. Share of\u00a0Chinese imports increased [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":27762,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[492,197,143],"tags":[568,589,610,696],"experts":[464,513,462,478],"news_type":[140],"class_list":["post-27772","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy-during-the-war-en","category-research-list-en","category-home-news-en","tag-business-and-investment-en","tag-trade-en","tag-war-economy-en","tag-monthly-economic-reviews","experts-yurii-gaidai-en","experts-volodymyr-landa","experts-maksym-samoiliuk-en","experts-mariia-tomilina","news_type-researches"],"acf":[],"_links":{"self":[{"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/posts\/27772","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/comments?post=27772"}],"version-history":[{"count":1,"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/posts\/27772\/revisions"}],"predecessor-version":[{"id":31742,"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/posts\/27772\/revisions\/31742"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/media\/27762"}],"wp:attachment":[{"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/media?parent=27772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/categories?post=27772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/tags?post=27772"},{"taxonomy":"experts","embeddable":true,"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/experts?post=27772"},{"taxonomy":"news_type","embeddable":true,"href":"https:\/\/ces.org.ua\/en\/wp-json\/wp\/v2\/news_type?post=27772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}