Business news from Ukraine

Business news from Ukraine

Ukraine reduced imports of electric generators by 33.3% over five months

Imports of electric generator sets and rotating electrical converters to Ukraine in January–May 2026 fell by 33.3% compared to the same period in 2025—to $421.7 million, according to statistics from the State Customs Service.

According to the data, imports of this equipment in May 2026 fell by 46% compared to May 2025, but increased slightly compared to April 2026, reaching $62.4 million.

Most frequently in January–May, electric generators and converters were imported from the Czech Republic (19.9% of total imports of these products, or $83.9 million), China (19.7%, $82.9 million), and Turkey (16.5%, $69.5 million), whereas last year the top sources were the Czech Republic ($120 million), Austria ($88.6 million), and the United States ($78.83 million).

Exports of electric generators from Ukraine during this period were insignificant—$2.3 million, mainly to Latvia.
At the same time, according to data from the State Customs Service, imports of electric motors and generators increased more than 2.4-fold over the first five months of this year—to $486.6 million; specifically, $120.1 million worth were imported in May—2.4 times more than in May 2025.

As in the previous year, China remains the main supplier of this equipment (accounting for 93% of imports from January to May).
In addition, imports of electric batteries and separators to Ukraine during this period increased 3.8-fold—to $1.47 billion, with the majority coming from China ($1.31 billion, or 89.3%), as well as from the Czech Republic ($35.3 million) and Latvia ($17.4 million).

Last year, in January–May, the largest suppliers were China with a 75.9% share ($290.6 million), Taiwan with 5.8% ($22 million), and Vietnam with 4.3% ($16.5 million).
In May, imports of this equipment increased 3.5-fold compared to May 2025 and by 9.7% compared to April 2026, reaching $333 million.

Over the first five months, Ukraine exported $18.1 million worth of batteries, primarily to Poland, France, and Germany, while last year exports totaled $20.7 million, mostly to the same countries.
As reported, at the end of July 2024, Ukraine exempted the import of electric generator equipment and batteries into the country from customs duties and VAT.

According to the State Customs Service, in 2025 Ukraine increased imports of electric generators and converters by 2.3 times compared to 2024—to $1.69 billion—and batteries by 55% to $1.48 billion. At the same time, in January 2025, imports of electric generators increased eightfold compared to January 2024, and imports of batteries tripled.

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Imports of electric generators to Ukraine fell by 31% in first quarter of 2026

Imports of power generation units and rotating electrical converters to Ukraine in January–March 2026 fell by 31% compared to the same period in 2025—to $298.7 million, according to data from the State Customs Service.
According to statistical data, in March, imports of this equipment decreased by 11% compared to March 2025 and by 41.9% compared to February 2026—to $78.6 million.
In the first quarter of this year, electric generators and converters were most frequently imported from Romania—$62.7 million, accounting for 21% of total imports of these products—China—$55.4 million, or 18.5%—and the Czech Republic—$50.3 million, or 16.8%.
A year earlier, the largest suppliers were the Czech Republic with $85.7 million in shipments, the United States with $77.3 million, and Austria with $68.7 million.
Exports of electric generators from Ukraine in January–March 2026 were negligible, totaling $0.44 million.
As reported, in late July 2024, Ukraine exempted imports of electric generator equipment and batteries from customs duties and VAT. According to the State Customs Service, imports of electric generators and converters grew 2.3 times in 2025 compared to 2024, reaching $1.69 billion.

 

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