Business news from Ukraine

Business news from Ukraine

In 2025, China increased its foreign trade in goods by 3.8% — Ambassador Ma Shengkun

28 September , 2026  

According to Experts.news, China’s foreign trade in goods reached 45.47 trillion yuan in 2025, up 3.8% from the previous year, said Ma Shengkun, China’s ambassador to Ukraine.

“In 2025, the total volume of China’s imports and exports of goods reached 45.47 trillion yuan, an increase of 3.8% year-over-year.

Imports totaled a record 18.48 trillion yuan,” the diplomat wrote in his column on the Interfax-Ukraine website.

According to him, China has remained the world’s second-largest import market for the 17th consecutive year and is the main trading partner for more than 160 countries and regions.

The ambassador also noted that in 2025, China’s imports from the least developed countries increased by 9%, while imports from Asia rose by 3.9%, from Latin America by 4.9%, and from Africa by 6%.

Ma Shengkun highlighted the growth of the high-tech segment of Chinese exports. According to the data he cited, exports of high-tech products reached 5.25 trillion yuan in 2025, an increase of 13.2%.

In particular, total exports of electric vehicles, photovoltaic products, and lithium batteries—referred to in China as the “new trio” of export goods—rose by 27.1%.

As previously reported, China remains Ukraine’s largest trading partner. According to a study by the Experts Club information and analytical center, Ukraine’s trade turnover with China reached $14.68 billion in the first half of 2026, including $13.9 billion in imports of Chinese goods and $778.4 million in exports of Ukrainian goods to China. China accounted for 21.9% of Ukraine’s total trade with its 50 largest trading partners.

According to the latest data from the State Customs Service of Ukraine, in January–August 2026, China retained its top position among suppliers of goods to Ukraine, with imports exceeding $19.6 billion. Ukraine’s total imports during this period amounted to nearly $66.3 billion, while exports totaled over $26.6 billion.

A joint study by Experts Club and Active Group published on September 18 also noted that China remains Ukraine’s largest trading partner; however, Ukrainian exports to the Chinese market lag significantly behind imports from China.

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