Ukraine still needs to catch up to its pre-war export figures. Analysts note that in 10 months of 2024, Ukraine earned $46.35B from exports of goods and services. Compared to the corresponding period last year, exports increased by 10%. During this time, $32.25B ... #ITukraine #UkraineEconomy #UkraineExport #UkraineITexport
Polish cement producers are demanding protection from Ukrainian imports. In 2020, supplies of Ukrainian cement to Poland amounted to 32,000 tons, in 2021 – 52,600 tons, in 2022 – 101,700 tons, in 2023 – up to 340,000 tons. This year, imports from Ukraine are expected to re... #CementProduction #Poland #UkraineCement #UkraineExport #UkraineTrade
Ukraine’s trade turnover for the first 11 months of the year exceeded last year’s indicator by almost $2.5B. According to the State Customs Service, Ukraine’s trade turnover in January-November amounted to $101.9B: imports – $63.6B, exports – $38.3B. Ukraine imported the most goods from China – $13B, P... #China #Poland #UkraineExport #UkraineForeignTrade #UkraineImport #UkraineTradeTurnover
Ukraine’s trade volume will continue to grow with its Western partners. The Eastern Committee of the German Economy reported that the volume of Ukrainian-German trade in 2024 could reach €11-12B. Currently, both exports and imports are growing. For comparison, in pre-war ... #Germany #SouthKorea #UkraineExport #UkraineForeignTrade #UkraineImport
Ukrainian IT exports may decline by 6% this year. The decline in exports of Ukrainian IT services continues. Even under an optimistic scenario, by the end of 2024 the decrease in volume will be at least 4% compared to last year, and this figure could... #ITexport #LvivITcluster #UkraineEconomy #UkraineExport #UkraineITexport #UkrainianITcompany
The 2024-2025 export season is potentially more successful than the previous two. The Ukrainian Agrarian Confederation believes that the current marketing year, from July 2024 to June 2025, may become more successful for Ukrainian grain traders and farmers than the previous two sea... #agroexportukraine #DanubePort #OdesaSeaport #UkraineExport #UkraineMaritimeCorridor
In October, Ukraine’s GDP growth slowed three times, while the export figure exceeded the previous year’s volume. Ukraine’s economy grew by 4.2% over the 10 months of the year, and in October growth slowed to 1.3% against 3.8% in September, reports the Ministry of Economy. It is noted that the drivers of gr... #AgroHarvestUkraine #GDPinUkraine #ProcessingIndustry #UkraineEconomy #UkraineExport
Danube ports need 150,000 tons of cargo monthly so as not to lose their developed potential. Danube ports cannot compete for export cargo; if it is not possible to export goods through Odesa, the business will be reoriented to EU ports, the Ukrainian Danube Shipping Company (UDP) reported. &#... #Danube #DanubePorts #UkraineExport #UkraineLogistics
In October, Ukraine exported goods worth $3.8B, a record for the year. Last month, Ukraine exported goods worth more than $3.8B, 18.7% more than in September. This is the highest indicator for 2024 so far. Since the beginning of the year, the export of goods has reached ... #agroexportukraine #HoneyExport #UkraineEconomy #UkraineExport #UkraineTrade
Ukraine records a business boom despite the war, but challenges remain. One in six Ukrainian entrepreneurs started their current business after the start of the full-scale war. As well, 66% of them had no previous business experience, according to the Mastercard SME Index... #BusinessDevelopment #BusinessExpectation #UkraineEconomy #UkraineExport #ukrainianbusiness
The annual export of Ukrainian agricultural products increased by almost 10 million tons, their value by $1.4B. During the first nine months of 2024, Ukraine exported 48.9 million tons of agricultural products worth $10.5B. The volume farm product exports for the year increased by 9.9 million tons, or by $1.4B.... #agroexportukraine #AgroImportUkraine #UkraineExport #UkraineMaritimeCorridor #Ukrainiangrain
Ukrainian seaports increased their cargo turnover by 80% in 2024. According to the results of the first three quarters of the year from the Ukrainian sea corridor’s operation, Ukrainian seaports increased cargo transshipment by 80% compared to the same period ... #agroexportukraine #ExportCorridors #SeaPortsUkraine #UkraineEconomy #UkraineExport
Despite the war, Ukraine’s industrial production increased by 8.1%. The volume of the industrial output in Ukraine in January-June 2024 increased by 8.1% compared to the same period in 2023. In June, the indicator decreased by 0.3% compared to the corresponding month ... #IndustrialProduction #MetallurgyUkraine #UkraineEconomicForecast #UkraineEconomy #UkraineExport
Odesa remains Ukraine’s leading export gate, both at sea and on land. During a meeting of the Moldova-Romania-Ukraine Regional Customs Coordination Group on cargo flow optimization organized by EUBAM (the EU Border Assistance Mission to Moldova and Ukraine), the head of... #CustomsUkraine #Giurgiulesti #OdesaSeaport #UkraineExport #UkraineTrade
In eight months, Ukraine’s seaports have exceeded last year’s transshipment volume. The Ukrainian maritime corridor’s operation has allowed Ukrainian seaports to record a cargo turnover of 66.8 million tons in January-August 2024, exceeding the previous year’s figure, when the transs... #ExportCorridors #UkraineExport #UkraineMaritimeCorridor #UkraineSeaPorts
Ukrainian IT export volumes fell by 5% in six months. This is a difference of $170M compared to the first half of last year. Experts predict that the decline will continue even under an optimistic scenario, according to industry experts. “The trend... #ITexport #LvivITcluster #UkraineExport #UkraineITexport #USA
The volume of foreign exchange earnings by exporters increased by 16%, but up to $8B still must be returned to Ukraine. According to the NBU, the amount of export earnings received in Ukraine for January-June 2024 exceeded the result for the same period in 2023 by 15.9%, or $3.3B, while the amount of unreturned foreign... #currencyexchange #CurrencyRestrictions #nbu #UkraineEconomy #UkraineExport
Ukraine increased its turnover by $9B. Ukraine’s seven-month turnover amounted to $61.7B (+$9B). Imports to Ukraine increased to $39.1B (+$5.9B for July). Exports from Ukraine are up to $22.6B (+$3.1B). The countries with the most im... #TradeTurnover #UkraineBudget2024 #UkraineBudgetRevenue #UkraineExport #UkraineImport
Ukraine can replace Russia in many European market segments, particularly in pharmaceutical exports. According to NBU analysts, Ukrainian producers can replace the supply of goods and services from Russia and fill the EU market with the necessary finished products or raw materials. Prospective ways o... #DefenseTechnology #EUmarket #PharmaceuticalCompany #UkraineExport #UkrainianMetalExport
What goods dominated Ukraine’s exports at the beginning of the year? During the first five months of the year, the main volume of commodity exports was occupied by products of plant origin – 34.5%. Inexpensive metals (ferrous and non-ferrous) lost significant volume du... #agroexportukraine #UkraineExport #UkrainegoodsExport #UkrainianMetalExport
Ukraine is increasing its export of value-added products more than the supply of raw materials abroad. According to Deputy Minister of Economy Taras Kachka, a certain shift in emphasis occurred even before the war. After the invasion by the Russian Federation, many businesses completely updated their a... #ProcessingPlantUkraine #TarasKachka #UkraineEconomy #UkraineExport #ValueAddedProduct
In the seven full months of this year, cargo transshipment in Ukrainian ports almost reached 2023’s total amount. Ukrainian seaports processed 59.9 million tons of cargo in January-July, almost equaling the total figure for last year (approximately 62 million tons). During this time, the ports increased cargo tur... #ChornomorskSeaPort #OdesaSeaport #PivdennyiSeaPort #UkraineExport #UkraineMaritimeCorridor #UkraineSeaPorts
In July, Ukraine exported products worth almost $3B; the largest amount was shipped to the EU. In July, Ukraine sold $2.97B worth of products abroad, 9% more than in June. In metallurgy, records were set in the form of 219,000 tons of semi-finished iron products, which is 83% more than in June ... #agroexportukraine #TarasKachka #UkraineEconomy #UkraineExport #UkrainianMetalExport
China plans to increase imports of Ukrainian agricultural products; Bosnia and Herzegovina will buy Ukrainian poultry. Soon, Kyiv and Beijing may agree to increase the volume of Ukrainian agricultural product imports to China, according to Zhenmin Wang Yiwei, a professor of international relations at the Peking People... #agroexportukraine #BosniaHerzegovina #China #UkraineExport #UkraineExportsPoultry #UkraineTrade
Agricultural exports brought 64% of Ukraine’s export earnings to Ukraine: Who bought the most Ukrainian goods? According to the results of 2024’s first six months, Ukraine’s export of agricultural food products accounted for 64% of total exports ($12.45B). In January-June, EU countries purchased mo... #agroexportukraine #FoodProducts #Spain #UkraineExport #UkraineForeignTrade
Since the beginning of the year, Ukraine has increased its export of agricultural products by 5%. According to the Ukrainian Agricultural Export Association, in the first half of the year exports of agricultural products from Ukraine amounted to about $12.4B, 5% more than in the corresponding peri... #agroexportukraine #FruitsExport #MeatExport #UkrainedairyExport #UkraineExport #VegetableExport
ECA supported Ukrainian exports by ₴4.6B in half a year, the indicator increased by 150%. In the first half of the year, the Export Credit Agency of Ukraine increased the volume of export support by almost 150% compared to the corresponding period last year – up to ₴4.6B. It is noted... #ECA #InsuranceUkraine #MadeinUA #SupportUkraine #UkraineExport
In Ukraine’s foreign trade, imports still significantly prevail over exports. According to the State Statistics Service, Ukraine imported goods worth $27.55B in January- May, which is 8.3% more than last year’s corresponding period. At the same time, exports increased by ... #agroexportukraine #FerrousMetals #UkraineExport #UkraineForeignTrade #UkraineImport #Ukrainetradedeficit
The restoration of Mykolaiv’s ports will make logistics cheaper and increase Ukrainian exports. Since the beginning of the full-scale invasion, the ports of Mykolaiv have remained blocked: the enemy is close to the Dnipro–Bug estuary and controls access to the sea. Restoring the entire operation... #MykolaivSeaPort #UkraineExport #UkraineMaritimeCorridor #UkraineRestoration
Ukraine’s exports to the EU have decreased by almost 10%. In January-June, Ukraine exported $10.97B worth of goods to the EU, which is 9.7% less than the same period last year, the Ministry of Economy reported. EU exports decreased the most to neighboring st... #agroexportukraine #TradeLiberalization #TradeRestriction #UkraineEUtrade #UkraineExport
The Ukrainian government predicts a reduction in the gap between exports and imports in the next three years. In 2025-2027, Ukraine is expected to accelerate the growth of its export of goods and services against moderate growth rates in imports. This should reduce the negative trade balance of goods and serv... #UkraineBudget #UkraineEconomy #UkraineExport #UkraineImport #UkraineTrade #Ukrainetradedeficit
In six months, Ukraine exported $19.5B of goods; volumes increased, but sales have yet to. Ukrainian exports for six months of the year amounted to $19.5B and are identical to the figure for the first half of 2023. Physical export volumes increased by 35% and totaled 71 million tons. Howeve... #TarasKachka #UkraineEconomy #UkraineExport #UkraineImport #UkraineTrade
Ukraine has a significant imbalance between exports and imports, how does this affect the dollar exchange rate? Oleh Hetman, the Economic Expert Platform’s coordinator of expert groups, notes that because the exchange rate is not free-floating but in in a state of controlled flexibility, the national bank... #currencyexchange #nbu #OlehHetman #UkraineEconomy #UkraineExport #UkraineImport #Ukrainetradedeficit
Odesa aims to become the largest logistics center in the Black Sea region. The head of the Odesa military administration, Oleg Kiper, said during the Black Sea Security Forum that because of the inaccessibility of ports in other regions of Ukraine, Odesa has become the sole ... #GennadiyTrukhanov #Odesa #OlehKiper #UkraineExport #UkraineMaritimeCorridor #UkraineSeaPorts
For the first time, a Ukrainian furniture exporter receives a financial guarantee for the transit of goods through 35 European countries. The largest furniture exporter from Ukraine, the Accord company, became the first to take advantage of a new mechanism to issue financial guarantees for customs operations while transporting goods thr... #Accord #CustomsVisaFree #FinancialGuarantee #FurnitureExport #RaiffeisenBank #UkraineExport
Renewed visa-free trade with the EU has entered into force, and Ukraine is developing logistics on the western border. On June 6, autonomous trade measures came into effect in the EU, according to which all import duties and quotas for Ukrainian exports to the European market are suspended for one more year. However, ... #agroexportukraine #CheckPoints #Hungary #TradeVisaFree #UkraineEU #UkraineExport
Ukraine increased its exports of frozen vegetables by 100% over last year. In the first quarter of 2024, the export of frozen vegetables from Ukraine increased by more than 100% compared to the same period in 2023 – up to 2,200 tons. Turnover reached more than $2.7M. F... #agroexportukraine #FrozenVegetables #UkraineEconomy #UkraineExport
Latvia will help Ukraine with economic and logistics development. Investment in the development of Ukraine’s economy will contribute to strengthening the country at the front, Latvian Minister of Economy Viktors Valainis emphasized. “We can help not only... #infrastructureUkraine #Latvia #UkraineDevelopment #UkraineEconomy #UkraineExport #Ukrainianlogistics #ViktorsValainis
Ukraine is increasing its exports of delicacies to Europe: Which countries buy the most? Despite the war and difficulties with transportation, Ukrainian snails are in demand in the European market. The snail business in Ukraine is not new; exports are increasing yearly, and farms are star... #DelicaciesExport #Shellfish #Snails #UkraineExport #VerbaraVLyk2020
Economic experts have identified dangerous economic trends in Ukraine. In the last four months, Ukraine exported goods worth $13.5B, the same as last year. Ukraine rapidly increased the physical volume of exports from 36 to 49 million tons against significantly lower wor... #UkraineEconomicForecast #UkraineEconomy #UkraineExport #UkraineForeignTrade #UkraineImports #Ukrainetradedeficit
Real GDP growth slowed in Ukraine due to Russian attacks on the energy system. The growth rate of real GDP in Ukraine has slowed down somewhat. The key problem is reduced access to a constant electricity supply and sufficient amounts of electricity. According to the IER, GDP in ... #ElectricityDeficitUkraine #energyukraine #GDPinUkraine #GVAukraine #UkraineEconomy #UkraineExport
Ukraine buys equipment, chemicals, and fuel from China and Poland and sells food and metals to them. In the four months of 2024, Ukraine’s trade turnover reached $35.3B (import – $21.9B, export – $13.4B). Taxed imports amounted to $19B (87% of the total volume of imported goods). Ukraine ... #UkraineExport #UkraineForeignTrade #UkraineImport #UkraineTradeTurnover
The EU has finally prolonged duty-free trade with Ukraine, but with safeguards. The EU Council approved the extension of preferential trade with Ukraine for another year until June 5, 2025. In contrast to similar decisions in previous years, this year the EU decided to continue d... #agroexportukraine #DutyFreeTrade #EUmarket #FreeTradeAgreement #UkraineEUtrade #UkraineExport
Last year, Ukraine’s export of agricultural products to the EU decreased by 27.5%. According to Eurostat data, the total value of Ukrainian agricultural goods imported by the EU in 2023 decreased compared to 2022 by 27.5%, or by €3.6B, to €9.5B. As a result, Ukraine’s share among EU... #agroexportukraine #EUEconomy #Eurostat #foreignTrade #UkraineExport
Ukraine has already exported 45 million tons of goods by sea, and revenue from the export of metal products has increased by 16.5%, reaching $1B. About 1,600 ships exported 45 million tons of cargo from the ports of Odesa during the almost nine months of the Ukrainian Sea Corridor’s operation. In particular, 38 countries received more than 30 m... #agroexportukraine #BlackSeaPort #OdesaSeaport #UkraineExport #UkraineMaritimeCorridor #UkrainianMetalExport #Ukrainianmetallurgy
How has trade between Ukraine and Germany developed since the beginning of the Russian aggression? In 2023, Germany became the third ($4.9B) largest exporter of goods to Ukraine and the fifth ($2B) largest importer of Ukrainian goods. Last year, exports to Germany recovered compared to 2022’s level... #Germany #UkraineExport #UkraineForeignTrade #UkraineImport #UkraineTrade
Ukrainian imports and exports: Here are the main trends for the year. From April 1 to 25, the volume of exported goods was 10.5% higher, and the import of goods was 25.2% higher, than in the same period last year, according to the Ministry of Economy. Ukraine increased ... #UkraineEconomy #UkraineExport #UkraineImport #UkraineTrade #Ukrainiangrain #Ukrainianmetallurgy
Ukrainian exports increase to a record level of more than 13 million tons monthly. Economy Minister Yuliya Svyrydenko noted that last month’s exports amounted to more than 13 million tons, surpassing the indicators from February 2022 and reaching $3.3B. April exports are the l... #PathsOfSolidarity #UkraineEconomy #UkraineExport #UkraineMaritimeCorridor #UNITYinsurance #YuliyaSvyridenko
Exporters have adapted better to war conditions than businesses operating in Ukraine’s domestic market. Businesses engaged in exports have demonstrated better adaptability to the current situation in Ukraine compared to businesses that do not have sales abroad, although there are certain differences amo... #BusinessExpectation #UkraineBusinessActivity #UkraineExport #UkrainianEnterprises
Falling prices had an even greater impact on the reduction of Ukrainian exports than the border blockade. The reduction of Ukrainian exports occurred not only due to the negative impact from the Polish border blockade. According to experts, the main blow to the growth of Ukrainian exports is the reduction... #agroexportukraine #BorderBlockade #UkraineExport #UkraineMaritimeCorridor #UkraineTrade #Ukrainetradedeficit
