Industry and trade are driving economic growth in Ukraine in 2025.

In May 2025, Ukraine’s real gross domestic product (GDP) rose by 1.1% compared to the same month last year, according to the IER. Analysts note that while the growth rate remains low, there are several positive indicators emerging. For instance, real gross value added (GVA) in the processing sector increased by 2.4% in May, up from 1.4% in April. Additionally, the decline in the extractive sector softened to 10.4% in May, attributed to a rebound in gas production and an uptick in output of raw materials for construction. Retail turnover grew by 4.8% in the first quarter. Conversely, real GVA in agriculture fell by 2.4% in May, and the transport sector experienced a GVA decrease of 6.4% during the same month. Over the first five months of the year, Ukraine Railways transported 22.2 million tons of cargo to ports, including 12.7 million tons of grain. However, grain exports dropped by 30% compared to the previous year, attributed to a seasonal slowdown as the new harvest approaches. Electricity imports in May increased by 3.6% compared to April, totaling 198,000 MWh.