Business news from Ukraine

Business news from Ukraine

Ukraine reduced imports of copper and copper products by 20% in January

11 February , 2026  

In January this year, Ukrainian companies reduced imports of copper and copper products by 20.1% in monetary terms compared to the same period last year, to $11.033 million.

According to customs statistics released by the State Customs Service of Ukraine on Tuesday, exports of copper and copper products during the specified period decreased by 28.7% to $4.953 million.

In December, copper imports amounted to $13.311 million, while exports amounted to $10.318 million.

As reported, in 2025, Ukrainian enterprises increased imports of copper and copper products in monetary terms by 23.2% compared to the previous year, to $173.453 million, while exports of copper and copper products grew by 17.7%, to $103.848 million.

In 2024, Ukraine maintained imports of copper and copper products in monetary terms at the previous year’s level — up to $140.797 million, while exports increased by 22.4% — up to $88.237 million.

In 2023, Ukraine increased its imports of copper and copper products by 2.2 times compared to 2022, to $140.795 million, while exports decreased by 20.1%, to $72.078 million.

Copper is widely used in electrical engineering, pipe manufacturing, alloy production, medicine, and other industries.

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