Foreign economic activity

Statistics of foreign trade in goods are compiled on the basis of the information of the Ministry of Revenue and Duties of Ukraine adjusted for the total amount of oil and natural gas, fish caught in international waters and goods purchased in foreign ports. The data on exports in goods are recorded by country of destination whereas the data on imports by country of origin.

Country of destination refers to the country identified at the moment of loading as the final country to which goods are to be delivered.

The country where goods were produced or processed is considered the country of origin.

The goods are valued in national currency. Conversions into US dollars are made according to the date the customs declaration was completed and the official exchange rate of the National Bank of Ukraine fixed for that particular date. For enterprise reports, conversions into the US dollars are made according to the monthly and quarterly average exchange rates.

Statistical information about foreign trade in services is compiled using data from enterprises-legal persons, permanent missions of non-residents  to  Ukraine,  central  and  local bodies of executive power, chief controllers of the state and local budgets who effected exports/imports operations of services.

Services are valued using the contract currency. Conversions into US dollars and national currency are made using the official average quarterly exchange rate set on the basis of the NBU daily exchange rates.

 

Investment of external economic activity

The state statistical observation (SSO) over investment of external economic activity has been undertaking since 1994.

The SSO data on investment of external economic activity are compiled on the basis of information from legal persons-residents and separate units of legal persons-nonresidents in Ukraine (their brunches and permanent representative offices).

Since January 1, 2010, the observation results also include administrative information of the National Bank of Ukraine about market value of foreign direct investment (shares, property, etc.) of enterprises and institutions and since January 1, 2015, data on foreign direct investment of Ukraine's banks which include reinvested income (calculated by the NBU on basis of data on undistributed profits/losses according to participation share of direct investor in their capital): the Methodological provisions on organization of the state statistical observation over investment of external economic activity approved by SSSU decree No 284 (with changes) of October 3, 2014.

 

Commencing from Q1, 2020, the state statistics bodies carry out the SSO over investment of external economic activity in line with the Methodological provisions on organization of the state statistical observation over investment of external economic activity approved by SSSU decree No 117 of March 31, 2020.

Information, compiled on the basis, of this SSO is not released by the SSSU. This is intermediate information and is given to the NBU for the following purposes:

-  production of indicators on direct investment to/from Ukraine;

-  balance of payments compilation;

-  identification of the country's international investment position.

 

The single body responsible for foreign direct investment data dissemination is the National Bank of Ukraine."