Business news from Ukraine

Business news from Ukraine

Ukraine Increased Exports of Wires and Cables by 3.2% Over Five Months

The value of Ukraine’s exports of insulated wires and cables (including fiber-optic cables) in January–May 2026 increased by 3.2% compared to the same period in 2025, reaching $612.9 million.

According to statistics from the State Customs Service (SCS), Germany remained the largest importer of Ukrainian products, as it was last year; shipments to Germany saw almost no growth, totaling $209.4 million, while its share of total exports of these products decreased slightly to 34.2%.

As in January–May 2025, the top three importers also included Hungary—$102 million (compared to $95.8 million last year)—and Poland—$97.9 million ($90.7 million).

According to statistics, exports of these products turned negative in May, declining by 6.6% compared to May 2025 and by 1% compared to April of this year, to $124.15 million.

At the same time, according to the State Customs Service, imports of wires and cables into Ukraine increased by 20.4% in January–May, reaching $220.8 million.

The largest suppliers of wires and cables to Ukraine were China ($75.2 million, or 26.8%), Hungary ($73.6 million, or 26.2%), and Poland ($37.1 million, or 13.2%), whereas last year imports from Hungary totaled $65.5 million, from China – $45.4 million, and from Poland – $33.3 million.

As reported, according to the State Customs Service, in 2025 Ukraine increased its exports of insulated wires and cables by 10.6% compared to 2024—to $1.41 billion—and imports by 24.3%—to $590.7 million.

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