Business news from Ukraine

In the first quarter, 86 thousand passenger cars were imported to Ukraine

In the first quarter of 2024, 86 thousand passenger cars were imported to Ukraine. Their total declared value amounted to $1.1 billion, and the state budget received UAH 11.1 billion for the import of these cars. For comparison, in the first quarter of 2023, 52 thousand cars were imported to Ukraine (67% less than in the first quarter of 2024) with a declared value of more than $705.8 million (61% less than in the first quarter of 2024) and UAH 7.4 billion was paid to the budget (49% less than in the first quarter of 2024).

Most of the cars were imported from Germany – 17.1 thousand cars, the United States – 14.5 thousand cars, and China – 9.1 thousand cars. The TOP-5 includes cars from Japan – 8.9 thousand cars and South Korea – 4.4 thousand cars. The top ten countries from which most cars were imported to Ukraine are closing: Slovakia – 4.2 thousand cars, France – 4.1 thousand cars, Mexico – 4 thousand cars, the United Kingdom – 3.7 thousand cars, and the Czech Republic – 3.7 thousand cars.

In terms of value, the largest imports of cars came from the United States – $211.2 million (UAH 2 billion was paid to the state budget), Germany – $168.7 million (more than UAH 2.1 billion was paid to the state budget), China – $138.2 million (the state budget received UAH 182.3 million).

The top 5 countries in terms of the declared value of imported cars are Japan – $133.6 million (the budget received almost UAH 1.8 billion) and Slovakia – $81.7 million (the state budget received UAH 788.4 million).

The top 10 countries in terms of the value of imported passenger cars are as follows: The United Kingdom – by $59.6 million (almost UAH 492 million was paid to the budget), Hungary – $53.2 million (the budget received over UAH 515.3 million), South Korea – $49.3 million (the budget received UAH 468.4 million), Poland – $40.2 million (over UAH 351.6 million was paid to the state budget) and Romania – $38.8 million (UAH 311.9 million was transferred to the budget of Ukraine).