In May, business sentiment in Ukraine stabilized, but exporters’ anxiety is increasing. According to the Institute for Economic Research, the business activity recovery index in Ukraine in May was unchanged from April, remaining at 0.13. However, analysts observed the following trends: T... #BusinessExpectation #EmployeeDeficit #UkraineBusinessActivity #UkraineEconomy #UkraineExport #ukrainianbusiness
The EU has lifted its restrictions on the import of several agricultural products from Ukraine. The EU Council has removed all additional inspections for beet, sunflower, rapeseed, and soybean seeds from Ukraine, recognizing that Ukrainian certification procedures comply with EU requirements. Co... #agroexportukraine #FreeTradeAgreement #KatarinaMathernova #SeedsExport #UkraineExport #Ukrainiangrain
In 2024, Ukraine nearly reached its bioethanol export quota to the EU for the first time. The Customs Committee of the Verkhovna Rada indicated that Ukraine exported 99,300 tons of bioethanol last year, with 62% sourced from private facilities, three of which contributed to 38% of the tota... #bioethanolUkraine #BiofuelPlant #energyukraine #UkraineExport
In the first half of 2025, Ukraine’s macroeconomic condition has worsened. Analysts suggest that this decline stems from the exhaustion of recovery effects following the tough year of 2022, which became evident around the start of the second quarter last year. Essentially, t... #BusinessExpectation #UkraineBusinessActivity #UkraineEconomy #UkraineExport
Trump has increased tariffs on steel and aluminum to 50%: How will this affect Ukrainian exports? US President Donald Trump has signed an executive order that will raise tariffs on steel and aluminum imports from 25% to 50% effective June 4. As evidenced by the executive order, Trump has concluded... #DonaldTrump #DutyTariff #TradeWar #UkraineExport #UkraineSteelExport #USduties
Philip Morris is preparing to resume cigarette exports from Ukraine. Philip Morris Ukraine is considering whether to start the export of cigarettes manufactured at a newly built factory in the Lviv region, said the company’s CEO Maksym Barabash during a roundtabl... #CigarettesProduction #Kharkiv #PhilipMorris #PhilipMorrisUkraine #UkraineExport #Львів
Almost 8% of EU organic imports come from Ukraine, which is establishing itself as a leader in this market. In 2024, Ukraine became one of the top three exporters of organic products to the bloc among European countries and has remained among the top five largest exporters to the EU for seven years. In 2024... #agroexportukraine #China #EUmarket #OrganicFoodExport #UkraineExport #Ukrainiangrain
Exports from Ukraine do not significantly impact the total imports of key partner countries. Veronika Movchan, an expert at the Institute of Economic Research, said during a presentation of a study on importers of Ukrainian products that goods from Ukraine do not play a crucial role in the to... #agroexportukraine #UkraineEconomy #UkraineExport #UkraineForeignTrade #UkrainianMetalExport
The EC has approved transitional trade arrangements with Ukraine following the end of visa-free trade. The European Commission has adopted a list of transitional measures for Ukrainian exports to the EU, which will take effect after June 5 when autonomous trade preferences for Ukraine will no longer be... #AgroExportQuotas #agroexportukraine #BalazsUjvari #FreeTradeAgreement #TradeAgreement #UkraineExport
The negative effects of Ukrainian exports are exaggerated and have a minimal impact on EU markets. Ukrainian agricultural products, despite their quality and important role in Europe’s food security, remain hostage to political narratives, believes Oleh Khomenko, head of the UABC. He added th... #agroexportukraine #EUmarket #FreeTradeAgreement #UkraineExport #VisaFreeTrade
Ukraine is rapidly losing its export positions amid the ongoing crisis in the mining sector. After Ukraine’s remarkable recovery in iron ore exports in early 2024, boosted by the opening of the sea corridor, Ukraine’s MMC sector reached nearly 50% of its pre-war levels. However, t... #IronOre #IronOreExport #MiningUkraine #UkraineExport
Ukraine is set to discuss the abolition of tariffs on metallurgical products with the US. The Ministry of Economy of Ukraine is initiating conversations with US officials about removing tariffs on Ukrainian metal products, specifically those imposed during President Trump’s administr... #CustomDuties #DonaldTrump #DutyTariff #MetallurgyUkraine #TarasKachka #UkraineExport #UkrainianMetalExport
The end of the visa-free trade program between Ukraine and the EU will impact exports of 30 types of agricultural products. The EU plans to revoke its preferential autonomous trade measures with Ukraine effective June 5, according to Poland’s Prime Minister Donald Tusk, whose country holds the EU presidency until Jul... #AgroExportQuotas #DonaldTusk #FreeTradeAgreement #TradeRestriction #UkraineExport #VisaFreeTrade
Ukraine is steadily shifting from exporting raw materials to providing foreign markets with higher value-added products. Minister of Agricultural Policy Vitaly Koval mentioned that the agro-processing sector demonstrated growth last year. The most significant increase was seen in fruit and vegetable processing (over 27%... #agroexportukraine #FoodProcessing #ProcessingPlantUkraine #UkraineEconomy #UkraineExport #VitaliyKoval
Poland is once again demanding a nearly 50% reduction in imports of Ukrainian cement. The Polish Cement Producers Association (SPC) is asking the EC to restrict imports of Ukrainian cement under the EU trade agreement with Ukraine. The proposed quota for Ukrainian cement is set at 360,... #CementProduction #Poland #SPC #TradeAgreement #UkraineCement #UkraineExport
The European Commission has revised its economic forecast for Ukraine, lowering its GDP growth prediction for 2025 from 2.8% in November to 2%. This adjustment is attributed to ongoing war pressures that severely impact production capacity and business confidence. For 2026, the GDP growth forecast has been decreased from 5.9% to 4.7%. A decli... #EuropeanCommission #GDPinUkraine #UkraineEconomicForecast #UkraineEconomy #UkraineExport #UkraineImport
The EU intends to increase tariffs on Ukrainian imports and has suggested an interim solution until a trade agreement is updated. The EU aims to impose higher tariffs on Ukrainian products entering its market after June 5, when the current duty-free trade arrangement will end. The Ukrainian government estimates that reverting to... #DutyTariff #EUimport #EUmarket #TradeAgreement #UkraineExport #VisaFreeTrade
European exports to Ukraine are growing faster than imports of Ukrainian goods. Last year, the European Union exported goods valued at €42.8B to Ukraine and imported €24.5B, resulting in a trade surplus of €18.3B, according to Eurostat data. Compared to 2023, exports and imports ... #agroexportukraine #EUmarket #UkraineExport #UkraineForeignTrade #UkraineImport #Ukrainetradedeficit
Business experts predict growth in Ukrainian exports. The President of the Ukrainian Chamber of Commerce and Industry (UCCI) Gennady Chyzhykov noted that last year the volume of Ukrainian exports reached 129.2 million tons of goods ($41B). The continuati... #UCCI #UkraineExport #UkraineForeignTrade #ukrainianbusiness
Ukraine is set to ratify a free trade agreement with the UAE: What opportunities will exporters gain? The Cabinet of Ministers has approved a draft law for the ratification of the Comprehensive Economic Partnership Agreement between the governments of Ukraine and the UAE. This document establishes a f... #FreeTrade #GulfNations #MiddleEast #TradeAgreement #UAE #UkraineExport #UkraineForeignTrade
The launch of the sea corridor has opened new markets for Ukrainian exporters. The introduction of the Ukrainian Black Sea Corridor in 2023 significantly impacted the geographical structure of goods exports. It enabled the resumption of deliveries to traditional destinations in ... #BlackSeaCorridor #SeaExport #UkraineEconomy #UkraineExport #UkraineMaritimeCorridor
Ukraine could potentially replace US bioethanol exports to Europe. The country has 17 bioethanol plants with a production capacity of 430,000 tons of G1 alcohol, used as an eco-friendly additive for gasoline in the EU and Switzerland. Since May, Ukraine has mandated ... #bioethanolUkraine #BiofuelPlant #TradeWar #UkraineExport
The EU promises better trade conditions for Ukraine after June 5 than they were before 2022. The Ukrainian government, along with the European Commission, are working to adopt new trade terms that will come into effect after June 5. Otherwise, the provisions of the Association Agreement will ... #DenysShmyhal #EUmarket #TradeRestriction #UkraineExport #UkraineForeignTrade #UrsulavonderLeyen
The Ukrainian Parliament calls on the EU to extend trade benefits for exports. The Verkhovna Rada adopted an appeal to the European Parliament, the EC, and the Council of the EU, along with the parliaments and governments of EU member states, urging them to extend trade benefits... #EUmarket #EuropeanIntegration #TradeLiberalization #UkraineExport #UkraineTrade #UkrainianParliament
Ukraine will lose its current preferential trade conditions with the EU in June. The European Commission will not initiate an extension of the autonomous trade measures introduced in 2022 to support Ukrainian exports, which expire on June 5, said EU Agriculture Commissioner Christ... #ChristophHansen #DenysShmyhal #DutyFreeTrade #FreeTradeAgreement #TradeAgreement #UkraineExport
How will US tariffs affect Ukrainian exporters? Deputy Minister of Economy Taras Kachka said: “The US is projected to receive $870M in Ukrainian exports in 2024, which is an increase compared to 2023. About 41% of our exports to the US last y... #agroexportukraine #CastIronUkraine #DutyTariff #HoneyExport #SunflowerOil #TarasKachka #UkraineExport
Despite the insignificant impact of Trump’s tariffs on Ukraine, it is ready to zero out tariffs on American products and negotiate with the US. For Ukraine, the predominant negative consequence of the global trade war may be lower volumes of macro-financial assistance from European partners economically weakened by tariffs. In addition, Ukrai... #DonaldTrump #DutyTariff #ImportDuties #TarasKachka #UkraineEconomy #UkraineExport #UkraineImport #UkraineTrade
What does the updated trade agreement between Ukraine and EFTA entail? Ukraine has signed a modernized agreement with the European Free Trade Association (EFTA includes Iceland, Liechtenstein, Norway, and Switzerland), which features updated chapters on trade facilitatio... #EFTA #TradeAgreement #UkraineExport #UkraineTrade
A ceramic tile manufacturer from the Epicentr group plans to increase its share of product exports to 30% after raising production to pre-war levels. Epicentr Ceramic Corporation is working to strengthen its position in the international market. In 2024, this ceramic tile manufacturer managed to boost its exports by over 100%. In 2021, exports acco... #BuildingMaterials #CeramicTile #Epicentr #investments #UkraineExport
Kyiv has urged the EU to extend the duty-free trade regime to avoid devastating Ukraine’s economy. Ukraine has warned that the expiration of duty-free trade with the EU on June 5 could result in ”serious damage” to its economy. Kyiv hopes the EU will extend the duty-free trade regime, especially gi... #DutyFreeTrade #FreeTradeAgreement #SerhiyMarchenko #TradeRestriction #UkraineEconomy #UkraineExport
The Ukrainian economy will reach its pre-war level in 10 years. The Finance Committee of the Ukrainian Parliament believes that, considering current economic growth trends, Ukraine’s real GDP in 2025 will be 20% lower than in 2021, excluding temporarily occu... #ElectricityDeficitUkraine #EmployeeDeficit #GDPinUkraine #UkraineEconomicForecast #UkraineEconomy #UkraineExport
The EU wants Ukraine to reorient its exports to African and Latin American countries, even though a membership date has been established. After more than ten years of preparing Ukrainian businesses for integration into the EU internal market, Ukraine is now being advised to shift its exports to “developing countries,” said D... #AfricanMarket #EuropeanIntegration #LatinAmericanMarket #OlhaStefanishyna #UkraineExport
The EU is confident that Ukrainian exports of biomethane to the EU can be expanded. The initial experience of exporting Ukrainian biomethane to Europe via the GTS in February 2025 was successful, so we can expect the project to grow in the future, says Anne Bercio, Trade Manager of t... #agroUkraine #AnneBercio #Biomethane #BiomethaneExport #BiomethaneUkraine #UkraineExport
Imports of goods from Poland surpass Ukrainian exports to that country by nearly 100%. During a meeting with Polish business representatives, Ukraine’s Minister of Agricultural Policy, Vitaliy Koval, said that trade turnover between the two nations in 2024 reached $11.7B, with Pol... #Poland #PolandExport #PolishBusiness #UkraineExport #UkraineImport #UkrainePolandTrade #VitaliyKoval
Ukraine aims to increase its exports to $77B over the coming years. By 2030, Ukraine plans to boost export volumes to $77B (up from $51B last year) and raise their share of GDP to 33%, according to Deputy Minister of Economy Taras Kachka. Notably, the proportion of ra... #agroexportukraine #FreeTradeAgreement #TarasKachka #UkraineEconomy #UkraineExport #ValueAddedProduct
Ukraine’s mineral export revenue fell by 60% last year compared to pre-war figures. In 2024, mineral export revenue represented 8.1% of total export revenue. Reports from the Center for Economic Research and Forecasting indicate that revenue decreased by nearly 60% compared to 2021. ... #agroexportukraine #MetallurgyUkraine #MineralExport #nbu #UkraineEconomy #UkraineExport
Ukrainian IT exports in January dropped to their lowest level since the onset of the full-scale invasion. According to the National Bank, in January 2025 IT export volume fell by 20.7%, totaling $489M. This represented a loss of $128M for the Ukrainian economy compared to December of last year. Furthermor... #ComputerServices #ITexport #LvivITcluster #nbu #UkraineExport #UkraineITexport
The transit of Ukrainian agricultural products through the EU have declined by nearly 80%. Following Russia’s full-scale invasion and blockade of Ukrainian seaports in 2022, Ukraine began actively utilizing land routes for agricultural exports, significantly increasing transit through... #agroexportukraine #agroUkraine #Hungary #Poland #Romania #UkraineExport #UkraineMaritimeCorridor
Furniture exports from Ukraine increased by 15.5% – this positive trend will continue this year. Ukrainian furniture manufacturers exported products worth $909M in 2024, which is 15.5% more than in 2023, the industry association reported. The woodworking and furniture industries are among the top... #FurnitureExport #ikea #UkraineExport #UkrainianFurniture #WoodIndustry
Ukraine is boosting its exports despite the ongoing war and changes in trade leadership. Roman Kornylyuk, a financial analyst at YouControl, stated that by the end of 2024 the volume of Ukrainian exports reached $41.7B, which is a 15% increase compared to 2023. While this rise is notable,... #AfricanMarket #agroexportukraine #AsianMarket #EUmarket #UkraineExport #ValueAddedProduct
Ukraine will create a single logistics space for trade with the EU and the world. Prime Minister Denys Shmyhal discussed creating a single logistics space that will allow people, goods, and services to move across the border quickly and without obstacles. Here are the key developme... #CheckPoints #DenysShmyhal #TradeVisaFree #TransportAgreement #UkraineExport #UkraineMaritimeCorridor
In response to EU quotas, Ukraine has reoriented its sugar exports to new markets, and shipments have increased by 17%. In the first five months of the 2024/25 marketing year (September-January), Ukraine exported more than 352,000 tons of sugar, which is 17% more than in the same period last season. The entire export v... #agroexportukraine #AgroholdingAstarta #EUmarket #SugarExport #SugarProductionUkraine #UkraineExport
Ukraine has made a significant advancement in the digitalization of international trade: How will exports be impacted? Ukraine has officially joined the international ePhyto Solution system (Electronic Phytosanitary Certificate System), enabling the exchange of electronic phytosanitary certificates with 124 countries ... #agroexportukraine #digitalization #digitaltrade #ePhyto #PhytosanitaryStandards #UkraineExport
Last year, UZ increased export transportation by 51.2% due to seaport operations. During December 2024, Ukrainian Railways (UZ) transported 14.032 million tons of cargo by rail (+0.071 million tons, or +0.5% compared to November 2024 volumes). According to 2024’s results, 174... #agroexportukraine #Cargotransportation #UkraineExport #UkrainianRailways #UkrainianSeaPorts
Ukraine adapts its product monitoring to EU requirements to implement industrial visa-free travel. The Cabinet of Ministers approved a draft amendment to the legislation governing market surveillance, the primary purpose of which is to implement European safety standards and consumer protection in ... #ConsumerProtection #EuropeanIntegration #TradeVisaFree #UkraineEconomy #UkraineExport #UkraineImport
Ukraine opened 16 new agricultural export markets last year; what was traded? Last year, the Ministry of Foreign Affairs and the State Service for Food and Consumer Protection helped Ukrainian agricultural producers open access to 16 new foreign markets. State officials note th... #Canada #China #ForeignMarket #UkraineEconomy #UkraineExport #UkraineTrade
Ukraine’s 2024 trade turnover increased by 13%. In 2024, Ukraine’s trade turnover amounted to $112.3B. Goods worth $70.7B were imported, and goods worth $41.6B were exported. Overall, trade turnover increased by 13% compared to 2023. The majo... #China #Poland #UkraineEconomy #UkraineExport #UkraineImport #UkraineTradeTurnover
Ukrainian seaports handled a record 97.2 million tons of cargo in 2024; over 9,000 vessels passed through the Black Sea corridor. Ukrainian seaports processed a record 97.2 million tons of freight in 2024, exceeding 2023’s figure by 57%, the Ministry of Community Development reported. Ukrainian ports are a key link for exp... #agroexportukraine #BlackSeaCorridor #UkraineExport #UkraineMaritimeCorridor #UkraineSeaPorts
Analysts predict Ukraine’s real GDP growth will be about 3% in 2025. Ukraine demonstrated moderate economic growth in 2024 at 3.8%, and real GDP growth in 2025 will be approximately 3%, according to the Institute for Economic Research (IER). Access to the Ukrainian Sea... #BlackSeaCorridor #GDPinUkraine #UkraineEconomicForecast #UkraineEconomy #UkraineExport #UkraineFacility #UkraineImport
To avoid a shortage of scrap metal in the domestic market, Ukraine increased its export duty. How has Ukraine traded scrap metal in the last six years? According to analysts, in 2019 Ukraine exported 42,180 tons of scrap for $11.8M. In 2020, exports decreased by 15.1%, in monetary terms, to $9.5M. But in pre-war 2021, ferrous scrap exports increased ... #Germany #Poland #ScrapExport #Turkey #UkraineEconomy #UkraineExport #UkraineScrapMetal
