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
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
Ukrainian cheese producers are losing market share due to increasing imports. Arsen Didur, executive director of the Union of Dairy Enterprises, warns that large cheese producers in Ukraine may cease operations by the end of 2025 if imports capture 80% of the domestic market by... #agroUkraine #CheeseImport #DairyImportUkraine #DairyproductionUkraine #UkraineImport
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
Metal product imports are crowding out domestic production owing to the consequences of the war. Imports of metal products to Ukraine increased by 6.4% last year, to 1.26 million tons. More than 50% of products supplied to the Ukrainian market are produced by Turkey. This stems from the fact that... #China #MetalImportUkraine #MetallurgyUkraine #Poland #Turkey #UkraineImport
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
What agricultural products did Ukraine purchase abroad in 2024? Last year, the Institute of Agrarian Economics reported that agricultural products worth $7.82B were imported to Ukraine, which is 9.7% more than in 2023. The structure of these imported supplies is d... #AgroImportUkraine #FruitImportUkraine #Poland #SeaFood #UkraineImport #UkrainianMarket
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’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
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
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
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
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 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
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
Austria created a €500M special fund to support businesses that export to Ukraine. The Ministry of Finance of Austria opened a special €500M credit fund in the Austrian Control Bank (OeKB) to support export operations with Ukraine during the next five years. “Russia has been a... #Austria #AustriaBusiness #BusinessSupport #OeKB #UkraineImport
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
Ukraine’s trade turnover in the first quarter amounted to $26B. According to data from the State Customs Service, during the first three months of 2024, Ukraine imported goods worth $16B and exported $10B. At the same time, taxed imports amounted to $13.8B, which ... #UkraineExport #UkraineForeignTrade #UkraineImport #UkraineTradeTurnover
Ukraine lost up to $400M in imports due to the border blockade in February; exports are close to pre-war levels. According to the NBU, in February there was no increase in the import of goods, which is typical for this month, due to the resumption of the blockade of the western borders. Thus, import losses amoun... #BorderBlockade #nbu #UkraineEconomy #UkraineExport #UkraineForeignTrade #UkraineImport
Ukraine increased its imports from China. What other countries supplied us with goods in January? In January 2024, the share of Chinese goods in the structure of Ukrainian imports increased to 21.7%. The value of these imports is more than $1.1B; in 2023, this figure was 16%. Among the most import... #ChineseDrones #ChineseGoods #UkraineForeignTrade #UkraineImport
In January, Ukraine increased its exports by 12% and reduced imports of goods. The export of goods in January increased by 12.3% compared to the corresponding period last year, while imports decreased by 1.1%, the National Bank reports. Ukraine supplied $3.3B worth of goods to f... #nbu #UkraineForeignTrade #UkraineImport #UkraineTrade #ВідвантаженнятоварівУкраїна
Despite the border blockade, Poland remains Ukraine’s largest export partner. In January 2024, Ukraine exported the most goods to Poland ($334M), despite Polish farmers blocking the border. According to customs data, January’s top three export partners also included Spain... #BorderBlockade #UkraineImport #UkraineTrade #UkraineTradeTurnover #ВідвантаженнятоварівУкраїна
Ukraine imported $7.1B of agricultural products last year; imports increased by 13%. According to the Institute of Agrarian Economics, in 2023 Ukraine imported agricultural products worth $7.1B, 13% more than in 2022. Last year, the EU countries maintained their position as the leadin... #Agriculture #AgroImportUkraine #FoodImports #UkraineImport
The NBU is considering additional taxation of non-critical imports. In response to the risk of reduced international support, through which a high foreign trade deficit is being financed during wartime conditions, it is worth considering the possibility of limiting no... #nbu #SerhiiNikolaychuk #UkraineBudget #UkraineImport #UkraineTrade #Ukrainetradedeficit
Ukraine’s imports exceed exports by 43%. Ukraine’s turnover for January-November 2023 is $90B, the State Customs Service reported. In 11 months, Ukraine imported goods worth $57.2B and exported goods worth $32.8B. The countries from which th... #UkraineForeignTrade #UkraineImport #UkraineTrade #ВідвантаженнятоварівУкраїна
The Poles are protesting Ukrainian carriers, but they have significantly increased their transportation volume to Ukraine. Since the beginning of the full-scale invasion, Poland’s role as a transport and automotive hub has grown. This contradicts Polish arguments that Ukrainian drivers will displace them from the EU... #BorderBlockade #PolishCarriers #UkraineImport
Ukraine is adapting trade protection legislation to comply with EU regulations, which will strengthen protection for its producers. The Cabinet of Ministers approved the drafts of three laws that adapt Ukrainian legislation in the field of trade protection to EU regulations. The first draft law, On Protective Measures, proposes a ... #ReformsinUkraine #UkraineImport #UkraineTrade #UkrainianEnterprises
Ukraine’s imports exceed exports by $22.4B. Ukraine’s trade turnover for January-October 2023 is $82B, the State Customs Service reported. During this period, Ukraine imported goods worth $52.2B and exported $29.8B. At the same time, taxe... #UkraineForeignTrade #UkraineImport #UkraineTrade #ВідвантаженнятоварівУкраїна
How did Ukraine’s international trade develop in September 2023? For the month, the trade deficit amounted to $0.8B. The deficit’s formation stems from the contraction of foreign trade. For the first nine months of the year, the export of goods decreased by 35.9%, ... #UkraineEconomy #UkraineForeignTrade #UkraineImport #ВідвантаженнятоварівУкраїна
Ukrainian import volumes are twice as large as exports. According to the State Customs Service, $46.6B worth of goods were imported into Ukraine in the first nine months of the current year, and $27.1B were exported from Ukraine. Taxed imports during this ... #UkraineImport #UkraineTrade #UkraineTradeTurnover #ВідвантаженнятоварівУкраїна
In August, Ukraine managed to reduce the foreign trade deficit. As reported in the customs committee of the parliament, this indicator amounted to $2.77B against $2.83B in July. Despite the shelling of the port infrastructure, it is noted that the export of agricu... #UkraineForeignTrade #UkraineImport #ВідвантаженнятоварівУкраїна
UZ has increased the volume of freight transportation by 14% in a month. In August, Ukrainian Railways (UZ) transported 12.27 million tons of cargo, which is 13.8% more than in August 2022, despite the drop in export shipments due to the end of the grain agreement. Accordi... #FreightTransportationUZ #UkraineImport #UkrainianRailways #YevhenLyashchenko #ВідвантаженнятоварівУкраїна
Ukraine increased foreign trade turnover of goods by 3%. For the first seven months of the year, Ukraine’s merchandise turnover amounted to $57.5B, 3% more than in 2022, the State Customs Service reported. During this period, Ukraine imported goods wo... #UkraineForeignTrade #UkraineImport #ВідвантаженнятоварівУкраїна
Ukraine’s foreign trade deficit increased by 300% in six months. The State Statistics Service reported that the negative balance of Ukraine’s foreign trade in goods for January-June 2023 increased from $2.58B to $11.04B compared to the same period last year. ... #UkraineForeignTrade #UkraineImport #ВідвантаженнятоварівУкраїна
Ukraine increased food imports by 21%. In January-June of this year, the Institute of Agrarian Economics reports that agricultural products worth $3.5B were imported into Ukraine, $611M more than in the same period last year. The main expo... #FoodImports #UkraineImport
The deficit in foreign trade in goods increased by almost 800%. The negative balance of Ukraine’s foreign trade in goods for the first five months of the year increased dramatically compared to last year – to $8.98B from $1B. According to the State Sta... #UkraineForeignTrade #UkraineImport #ВідвантаженнятоварівУкраїна
The deficit of foreign trade of goods increased by 3,800%. According to the State Statistics Service of Ukraine, Ukraine’s negative balance in the foreign trade of goods for the first four months of the year increased by 3,800%, compared to the same pe... #UkraineExport #UkraineForeignTrade #UkraineImport
Ukraine has increased imports of agricultural products from the EU by €285M. Data for the first quarter shows that Ukraine imported more than €914M in agricultural products from the EU. This is €285M more than the import figure for the same period in 2022 and €107M more than t... #AgroImportUkraine #HumanitarianAid #UkraineImport #VegetablesImport
In the first four months of the year, Ukraine’s trade turnover approached $34B. Most of Ukraine’s exports went to Poland and China, the State Customs Service reported. In particular, in January-April goods worth $20.3B were imported to Ukraine, and $13.3B were exported. The... #UkraineExport #UkraineForeignTrade #UkraineImport
Ukraine increases its foreign trade. According to customs statistics, Ukraine’s foreign trade amounted to $25.8B in the first quarter of 2023, which is only 7% less than in the same period of 2022. In January, the decrease in turno... #UkraineExport #UkraineForeignTrade #UkraineImport
Ukraine customs revenues increased by 20%. In January-March, the State Customs Service transferred UAH 100.9B to the budget, which exceeded the planned figure by 1.2%. Compared to the same period in 2022, revenues increased by UAH 16.3B, or 19... #CustomsRevenue #CustomsUkraine #UkraineImport
Ukraine’s trade turnover for the first two months of the year decreased by 30%. According to customs data, in January-February trade turnover was $16.6B, where imports of goods amounted to $10.1B and exports $6.5B, which is 30% lower than last year. Taxed imports amounted to $8.1... #UkraineExport #UkraineForeignTrade #UkraineImport
Ukraine’s imports from the EU exceeded the pre-war level in December. According to 2022’s results, exports from EU countries to Ukraine increased again to the level before the start of the war in February last year. According to Eurostat, the EU’s trade with Ukrai... #UkraineEUtrade #UkraineForeignTrade #UkraineImport
Ukraine’s exports fell by 30% and imports by 4%. Ukraine’s export of goods and services decreased by 29.9% in 2022, while imports decreased by only 3.9%, according to the NBU Balance of Payments Review. The export of goods decreased by 35.1% l... #UkraineExport #UkraineForeignTrade #UkraineImport
Ukraine spent $7B more on imports than it received from exports. For the first ten months of the year, Ukraine imported goods worth $44.1B and exported $36.9B, the State Customs Service reported. Merchandise turnover during this period amounted to $81B. Ukraine bou... #UkraineForeignTrade #UkraineImport #UkrainianExport
Exports of goods from Ukraine have fallen by 32% and imports by almost 24%. In October, Ukraine exported goods worth $3.8B and imported $4.6B. Compared to last year, exports of goods fell by 32.3% and imports by 23.9% during the same period. In January-October, the total vol... #TarasKachka #UkraineImport #UkraineTrade #UkrainianExports
