Ukrainian Institute for the Future -

In Ukrainian trade and trade of five neighboring countries the level of smuggling for year 2015 can be estimated at about $ 2,012,842,000 (two billion twelve million eight hundred and forty-two thousand dollars). For comparison, the total trade flow with these countries (according to Ukrainian Statistics) amounted $ 11,842,845,300 in 2015.

However, 5 neighboring countries were only 15.66% of Ukraine’s foreign trade in 2015. If we extrapolate the average level of smuggling to data of all countries, then the amount of smuggling is approximately $ 12,856,982,000 (twelve billion eight hundred fifty-six million nine hundred and eighty-two thousand dollars). This, if not more, can be compared with the total volume of financial assistance (including loans from international financial organizations) to Ukraine. I want also emphasize that this data is for year 2015 – the year of the maximum collapse of Ukraine’s foreign trade.