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  • Trade between Ukraine and Poland: how the protests have affected volumes
    Опубликовано: 2024-04-16 15:08:16

    The partnership between Ukraine and Poland is important for both countries, but recent events have significantly changed the dynamics of trade. In 2023, Poland exported about $12 billion worth of goods to Ukraine, while Ukrainian exports to Poland amounted to $4.7 billion. However, the blocking of the border by farmers and truckers changed the situation. According to Glavkom, since the beginning of the protests, the volume of trade has been declining.

    The dynamics of the passage of goods across the Ukrainian-Polish border shows that since November last year, when the farmers' protests began, the numbers have been steadily falling. While in October 2023 the difference between exports and imports was positive +48.2 thousand tons compared to October 2022, in November this figure was already -184.4 thousand tons, and in December -251 thousand tons.

    In 2024, the situation worsened even further. In January, the difference was -111.7 thousand tons compared to January 2023, and in February, this figure almost tripled to -302 thousand tons. In March, the difference between exports and imports amounted to -672.8 thousand tons.

    Data from the State Customs Service show that over the past six months, the volume of goods has decreased by almost 1.5 million tons compared to the same period last year (October-March).

    The protests of farmers and truckers in Poland not only disrupted trade flows between the two countries, but also caused serious economic losses, especially for Ukrainian interests. These changes may have long-term consequences for the economies of both countries and will require careful analysis and quick decisions to restore trade to previous levels.

    agrinews.com.ua

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