Business news from Ukraine

Business news from Ukraine

Import VAT was a key driver of Ukraine’s budget revenue in first quarter

5 April , 2026  

VAT revenue from imported goods rose to 147.6 billion hryvnia in January–March 2026, compared with 118.8 billion hryvnia a year earlier, the Ministry of Finance reported.

VAT on goods produced in Ukraine over the three-month period amounted to 81.8 billion UAH, compared with 85.2 billion UAH a year earlier, whilst VAT refunds increased to 58.8 billion UAH from 42.4 billion UAH. In March, VAT on imported goods amounted to 59.9 billion UAH (44.9 billion UAH a year earlier), VAT on domestic goods to 23.0 billion UAH (26.1 billion UAH), and VAT refunds rose to 18.2 billion UAH from 13.8 billion UAH.