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
According to the results of a survey conducted by Active Group in collaboration with Experts Club in August 2025, Ukrainians identified priority areas for the development of foreign economic relations.
The majority of respondents – 81.3% – believe that Ukraine should first and foremost develop economic cooperation with the countries of the European Union. The United Kingdom also received a high level of support – 66.5%, while the United States came in third with 62.7%.
Citizens also pay significant attention to Asian countries: 36.2% of respondents support expanding relations with Southeast Asian countries (Japan, South Korea, etc.), and 31.7% with China. At the same time, 29.5% pointed to the importance of deepening cooperation with countries in the Arab and Muslim world.
To a lesser extent, respondents are focused on partnerships with African and South American countries — this direction was supported by 14.8% of Ukrainians. Another 8.3% of respondents were undecided, and 1.0% believe that Ukraine does not need any new economic partnerships.
“These data clearly demonstrate the European and transatlantic orientation of Ukrainians in terms of economic priorities. The EU, the UK, and the US form the basis of foreign economic trust, while Asia and the Arab world are perceived as promising but secondary partners,” commented Active Group Director Oleksandr Pozniy.
According to Experts Club co-founder Maksim Urakin, the survey results confirm the real economic structure of Ukraine’s trade.
“The EU is already Ukraine’s main trading partner, accounting for over 40% of trade turnover, but if we analyze individual countries, China remains the leader. The high levels of support for cooperation with the UK and the US reflect society’s trust in Ukraine’s political and economic partners during this difficult period. At the same time, interest in Asia and the Arab world indicates the need to diversify markets and seek new opportunities in the future,” he stressed.
The survey was conducted using self-completed questionnaires among 800 Ukrainian citizens aged 18 and older. The sample is representative in terms of age, gender, and region.
ACTIVE GROUP, Arab countries, CHINA, EU, EXPERTS CLUB, GREAT BRITAIN, JAPAN, Pozniy, SOCIOLOGY, SOUTH KOREA, TRADE, UKRAINIAN ECONOMY, URAKIN, USA
According to the results of a study conducted by Active Group and Experts Club in August 2025, Ukrainians rated the role of European Union countries in promoting peace in Ukraine the highest.
According to the survey, 42.0% of respondents believe that the EU (primarily France and Germany) is making the greatest contribution to the peace process. 25.8% of respondents noted the key role of the United States, and 12.8% noted the key role of the United Kingdom. At the same time, 11.7% of Ukrainians believe that no country is contributing to the establishment of peace, while 5.8% were unable to decide on an answer. Significantly fewer respondents noted other countries: China — 1.3%, India — 0.5%, Brazil — 0.2%.
“The results show that Ukrainians rate the diplomatic and political efforts of the EU and the US highest. Together with the UK, these countries form the main international triangle of trust for Ukrainian society,” said Active Group Director Oleksandr Pozniy.
Maksim Urakin, co-founder of Experts Club, emphasized the economic dimension of the partnership.
“For our country, it is important not only to have a political partnership with the EU, the US, and the UK, but also an economic one. China, on the other hand, despite its leadership in trade with Ukraine, remains on the periphery of the peace process,” he said.
The survey was part of a large-scale project by Active Group and Experts Club to study Ukraine’s international image and foreign policy orientations.
ACTIVE GROUP, CHINA, EU, EXPERTS CLUB, peace in Ukraine, Pozniy, SOCIOLOGY, UK, URAKIN, US
The China Banking Regulatory Commission has unofficially instructed several local brokers to suspend activities in the field of real asset tokenization (RWA) in Hong Kong, Reuters reports, citing sources.
According to the agency, the move is aimed at strengthening risk control. The regulator wants to ensure that RWA projects are based on real business and are not used as speculative instruments.
Beijing’s initiative contrasts with Hong Kong’s policy, which has recently been actively promoting itself as a global center for digital assets. Mainland China banned cryptocurrency trading and mining in 2021, but at the same time, in August, it became known that the Chinese government was exploring the possibility of legalizing the use of yuan-backed stablecoins.
According to RWA.xyz, the global market for tokenized real assets is currently valued at $28 billion.
China has unveiled a new action plan for the steel industry, which includes a set of measures to address the chronic problem of oversupply. This comes amid Beijing’s intensified efforts to end a series of price wars raging in the economy, writes the South China Morning Post.
The plan, which includes a strict ban on the commissioning of additional capacity and measures to accelerate the decommissioning of obsolete equipment, could serve as an example for other industries suffering from overproduction and excessive competition.
The document, published on Monday by the Ministry of Industry and Information Technology in conjunction with a number of other agencies, calls for strict control over steel production capacity and volumes. It stresses that “coordinated efforts on both the supply and demand sides” are needed to stabilize the industry.
The plan aims to “accelerate the transition from old to new growth drivers, develop new productive forces, and further enhance the resilience and security of industrial and supply chains.” The steel industry should strive to increase added value by approximately 4% annually over the next two years and complete the modernization of more than 80% of steel production capacity to achieve ultra-low emissions by the end of this year.
Although Chinese steel companies account for more than half of global production, the average profitability of listed companies in 2024 was minus 0.26% due to structural problems in the industry, the report said.
According to CINDA Securities, 7.44 million tons of five major types of steel products were produced in the country in the first half of September, approximately 5.8% more than in the same period a year earlier. Steel inventories increased by 12.1% to 11.01 million tons, while consumption fell by approximately 4.6% to 8.5 million tons.
The composite steel price index is currently at 3,507 yuan ($493) per ton, which is approximately 2.6% higher than last year’s figure, but approximately 14% lower than in 2023.
In 2024, China reduced steel production by 1.7% to 1.005 billion tons.
According to Chinese media reports, US President Donald Trump’s visit to China may take place in late October or early November. According to the South China Morning Post, the Chinese government sent Trump an invitation in early September, which usually means that preparations are already in the final stages. SCMP sources also claim that both sides are already working out the details of the trip: there are still “some minor issues” to be resolved, but the main obstacles have been removed.
It is believed that the visit may be timed to coincide with the Asia-Pacific Economic Cooperation (APEC) summit, which will be held in South Korea from October 31 to November 1.
ASEAN (Association of Southeast Asian Nations) is an intergovernmental organization that has existed since 1967, designed to promote economic growth, social progress, and cultural development in the countries of the region, as well as to strengthen regional stability and cooperation.
The members of ASEAN are: Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar (Burma), the Philippines, Singapore, Thailand, and Vietnam.
