20 August 2013 14:55 [Source: ICIS news]
LONDON (ICIS)--Ukraine's chemical exports fell by 10% year on year in June as the country's year-long recession continued, Raiffeisen Bank Aval said on Tuesday.
Looking at the first half of this year, Ukraine's chemical exports fell by 3% year on year, the Kiev-based bank said.
Ukraine is suffering chronically weak external demand and a lack of domestic economic stimulus that has hit many of its major industries, the bank added.
“The recessionary global environment has hit hard the performance of export-oriented industries such as metallurgy, machine building and chemical production,” it said.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections