Ukraine’s balance of payments in January-May reduced with a surplus of $6.8 billion – Kommersant

According to the results of January-May, the balance of payments of Ukraine was reduced with a surplus of $6.8 billion against a deficit of $6.04 billion over the same period. At the end of April, the positive balance amounted to $1.53 billion against $1.4 billion in April. This was reported by Interfax with reference to the National Bank of the country (NBU).

According to the results of January-May, net inflow of financial resources amounted to $8.17 billion against a net outflow of $9.18 billion in the same period of 2022. In May, the net inflow of the financial account rose to $1.55 billion with a negative balance of $21 million from $1 billion with a positive balance of $380 million in April.

During this period, exports of goods year on year increased by 10%, to $ 2.9 billion, imports – by 28.2%. On a monthly basis, exports decreased by 0.2%, imports grew by 6.7%, to $4.9 billion.

The primary income balance surplus fell to $529 million from $754 million and $724 million in April 2023. The secondary revenue surplus was $2 billion compared to $1.4 billion in May 2022, unchanged from April.

The volume of net borrowings from the outside world amounted to $12 million compared to $170 million in May 2022 and $402 million in April 2023. According to the results of January-May, net borrowing from the outside world amounted to $1.35 billion against $3.13 billion in 2022.

Olesya Pavlenko