China remains the undisputed leader among Ukraine’s trading partners in terms of import volume. In the first six months of 2025, Ukraine imported Chinese goods worth US$8.15 billion. This is more than twice the figures for Poland ($3.58 billion) and Germany ($3.18 billion), which ranked second and third, respectively.
High import volumes were also recorded from Turkey ($2.53 billion) and the United States ($2.31 billion). Italy, the Czech Republic, Slovakia, Bulgaria, and France round out the top ten key suppliers with volumes ranging from $1.2 billion to $979 million.
“The formation of such an import structure indicates Ukraine’s excessive dependence on Chinese goods, especially in the electronics, technology, and industrial products segments. Such an imbalance poses risks to economic stability, as any political or logistical restrictions will immediately affect the domestic market,” emphasized Maksim Urakin, founder of Experts Club and economist.
At the same time, experts point to the diversification of supplies from European Union countries. Poland, Germany, Italy, and France together account for more than $8.5 billion in imports, forming a significant segment of the domestic consumer and industrial market.
Economists predict that, provided the hryvnia exchange rate remains stable and import flows continue at current levels, the trade deficit with China will continue to grow. This will require an adjustment of state trade policy towards stimulating domestic production and searching for alternative markets.
ACTIVE GROUP, CHINA, ECONOMY, EU, EXPERTS CLUB, GERMANY, IMPORTS, POLAND, SunFlower Sociology, TRADE BALANCE, TURKEY, UKRAINE, USA, МАКСИМ УРАКИН
In January-June 2025, BBC Insurance (formerly Brokbusiness Insurance, Kyiv) collected UAH 444.23 million in gross premiums, which is 86.9% more than in the same period a year ago, according to Expert-Rating in its report confirming the insurance company’s financial stability rating at “uaAA+” on the national scale.
According to the RA, the share of insurance premiums belonging to reinsurers grew 2.3 times in the company, while in the structure of gross premiums it decreased by 0.34 percentage points (pp) to 2.04%.
In the first half of the year, BBC Insurance made 89.2% more insurance payments and reimbursements than in the same period a year ago, and the level of payments increased by 0.43 p.p. to 35.62%.
The company’s equity as of the reporting date increased by 19.92% to UAH 175.52 million, and its gross liabilities increased by 61.60% to UAH 358.22 million. Cash and cash equivalents increased by 61.36% to UAH 341.05 million, while the ratio of cash to liabilities decreased by 0.14 percentage points to 95.21%.
Thus, as of the beginning of the second half of 2025, IC “BBS Insurance” was secured by highly liquid assets, which covered 95.21% of its liabilities.
At the end of the first half of 2025, the company’s net profit increased by a third (+33.42%) compared to the same period in 2024, reaching UAH 23.9 million, while the company’s operating profit was slightly lower at UAH 10.67 million (-7.22%).
BBS Insurance has been operating in the Ukrainian insurance market for over 25 years and is represented in all regions of the country.
According to the results of the first half of 2025, Poland remains Ukraine’s main trading partner in terms of export volumes. According to research by Active Group and Experts Club, exports to Poland amounted to US$2.45 billion.
Turkey ranks second with USD 1.71 billion, and Italy ranks third with USD 1.17 billion. Other major partners include: Germany ($1.09 billion), Spain ($976 million), the Netherlands ($919 million), China ($847 million), Egypt ($776 million), Romania ($679 million), and Hungary ($652 million).
“The structure of Ukraine’s exports shows a clear focus on European Union countries. Poland, Italy, Germany, Spain, and the Netherlands together account for more than half of total exports. This indicates Ukraine’s strategic integration into the European economic space,” emphasized Maksim Urakin, founder of Experts Club and economist.
He also noted that Turkey remains a critically important partner for Ukrainian agricultural and metallurgical exports, while China and Egypt are key markets for agricultural products, particularly grains.
“The presence of trading partners such as Egypt and China diversifies Ukrainian exports,” Urakin added.
CHINA, ECONOMY, EGYPT, EXPERTS CLUB, EXPORTS, GERMANY, HUNGARY, ITALY, POLAND, ROMANIA, TRADE, TURKEY, UKRAINE, МАКСИМ УРАКИН
In January-August 2025, Ukraine exported nearly 1.4 billion eggs worth $119.5 million, which is 2.6 times more than in the same period of 2024, according to the Ukrainian Poultry Union.
The industry association noted that in August, Ukrainian producers exported 168.2 million eggs worth a total of $16.4 million, which is 81.9% more than in the same period of 2024.
The main buyers of Ukrainian eggs in January-August 2025 were Spain (11% of total exports), Croatia (10.9%), and the United Kingdom (10.6%).
The largest shipments in August were to Spain (37.1 million eggs), the Czech Republic (28.9 million eggs), and Poland (21.7 million eggs).
Kazakhstan has introduced its own cryptocurrency, the Evo stablecoin (KZTE), issued with the support of the international payment system Mastercard. The new digital asset is pegged to the national currency at a ratio of 1 to 1 with the tenge, which ensures its stability and transparency.
According to the developers, Evo will become a universal tool for cashless payments and online transactions both within the country and abroad. In the future, the coin may take the place of a full-fledged means of payment, integrated into the financial system of Kazakhstan and supported by leading banks and fintech companies.
Experts note that the launch of KZTE reflects Kazakhstan’s desire to strengthen its position in the field of digital finance and accelerate the introduction of blockchain technologies into the economy.
Source: https://www.fixygen.ua/news/20250924/kazahstan-zapustiv-natsionalniy-steyblkoin.html
According to Serbian Economist, the Serbian Economists’ Association (SEA) will host the 11th World Congress of Economists, which will take place in Belgrade from June 22 to 26, 2026, the SEA announced.
More than 1,000 leading global economists from prestigious universities are expected to attend. A delegation from the International Economic Association (IEA) was in Belgrade during this time, with SES representatives, led by Chairman Aleksandar Vlahovic, agreeing on the organizational and program details of the forum.
“We had very productive meetings, discussed key issues, and proved that we are ready to organize such a prestigious event at the highest level,” Vlahovic said.
According to him, the importance of the congress is underscored by the fact that the program committee is headed by Harvard University professor and Nobel Prize winner in economics Eric Maskin. Other Nobel laureates and experts who have held key positions in the economic policy of the world’s leading countries are also expected to arrive in Belgrade.
The congress is being held in Southeast Europe for the first time and is returning to Europe after 20 years. The SES believes that this forum will be an opportunity for universities and research institutes in Serbia and the region to establish strong ties with the global academic community, and for businesses and authorities to receive direct recommendations from leading economists.
The World Congress is organized by the International Economic Association (IEA) every three years. The forum brings together hundreds of scientists and experts to discuss global economic trends and new scientific approaches. In 2023, the congress was held in Medellin, Colombia, and brought together representatives of the academic and business worlds from all continents.
The main role of the congress is to bring together academic science and practice, develop dialogue between economists and politicians, and shape innovative solutions for the global economy.
https://t.me/relocationrs/1463
