The Ministry of Commerce data bulletin with preliminary foreign trade statistics for February has been released.
According to data compiled on the basis of GTS, exports in February increased by 1.6 percent to 21 billion 65 million dollars in February compared to the same month of 2025, while imports increased by 6.1 percent to 30 billion 271 million dollars.
During the same period, the volume of foreign trade increased by 4.2 percent and reached 51 billion 336 million dollars. The foreign trade deficit rose by 18.1 percent to $9 billion, 206 million during this period.
The export-import coverage ratio fell by 3.1 points on an annual basis to 69.6 percent last month. Excluding energy data, it fell 5.9 points to 80.4 percent, and excluding energy and gold data, it fell 7.1 points to 86.9 percent.
Exports by product, country and country groups
The highest exports last month were in the “raw materials (intermediate goods)” group with an increase of 1 percent and 10 billion 526 million dollars. This was followed by “consumer goods” with a decline of 6.7 percent and 7 billion 4 million dollars and “capital goods” with an increase of 26.9 percent and 3 billion 185 million dollars.
In the month under review, the share of exports by sector was 93.8 percent ($19 billion, 763 million) in manufacturing, 4 percent ($839 million) in agriculture, forestry and fishing and 1.5 percent ($323 million) in mining and quarrying.
The country with the most exports in February was Germany with 1 billion 855 million dollars. This country was followed by the USA with 1 billion 248 million dollars and the United Kingdom with 1 billion 174 million dollars.
The share of the top 10 countries with the largest export share of total exports was calculated at 46.7 percent.
The groups of countries with the most exports in February were the European Union (EU) with 9 billion 244 million dollars, the Middle East with 3 billion 270 million dollars and other European countries with 3 billion 130 million dollars.
In February, the highest imports were made in the “raw materials (intermediate goods)” group, with an increase of 5.6 percent and 21 billion, 908 million dollars. This group was followed by “consumer goods” with a decrease of 1.9 percent and 4 billion 160 million dollars and “capital goods” with an increase of 15.7 percent and 4 billion 14 million dollars.
Import shares by sector were 80.5 percent in manufacturing ($24 billion, 368 million), 13 percent in mining and quarrying ($3 billion, 937 million), and 4.1 percent in agriculture, forestry and fishing ($1 billion, 234 million).
The countries with the most imports in February were China with 4 billion 126 million dollars, Germany with 2 billion 219 million dollars and Switzerland with 1 billion 685 million dollars.
The share of the top 10 countries with the largest import share of total imports was 50.8 percent.
The groups of countries with the most imports in the month in question were the EU with 9 billion 55 million dollars, Asian countries with 7 billion 904 million dollars and other European countries with 4 billion 284 million dollars.
Under the GTS, exports in the January-February period compared to the same period last year fell by 1.2 percent to 41 billion 380 million dollars, imports increased by 3.1 percent to 58 billion 966 million dollars, and the volume of foreign trade increased by 1.3 percent to 100 billion 346 million dollars.
During the period mentioned, the foreign trade deficit amounted to 17 billion 585 million dollars, which corresponds to an increase of 14.9 percent. The export-import coverage ratio was calculated at 70.2 percent.
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