Business news from Ukraine

Business news from Ukraine

Exports of semi-finished steel products from Ukraine rose by 35.8% in first half of year

In January–June of this year, Ukraine increased its exports of carbon steel semi-finished products by 35.8% in volume terms compared to the same period last year—to 766,603 metric tons from 564,683 metric tons.

According to statistics released by the State Customs Service (SCS), 163,183 thousand metric tons of semi-finished products were exported in June, 165,050 thousand metric tons in May, in April—116,550 thousand metric tons, in March—138,203 thousand metric tons, in February—61,629 thousand metric tons, and in January—121,988 thousand metric tons.

In monetary terms, exports of carbon steel semi-finished products during this period increased by 39.6% to $388.650 million. The main export destinations were Bulgaria (36.59% of shipments in monetary terms), Turkey (13.44%), and Poland (12.90%).

In the first six months of 2026, Ukraine imported 40,805 thousand metric tons of semi-finished products worth $26,990 million from Oman (80.71%), the Czech Republic (13.03%), and Germany (4.93%), whereas in January–June 2025, it imported 3,303 thousand metric tons worth $2,687 million.

As reported, in 2025, Ukraine reduced its exports of semi-finished steel products by 26.4% in volume terms compared to the previous year—to 1,388,183 thousand metric tons—while revenue fell by 28.9% to $659.625 million. The main export destinations were Bulgaria (32.73% of shipments in monetary terms), Poland (22.13%), and Turkey (14.88%).

Last year, Ukraine imported 88,923 thousand metric tons of semi-finished products worth $65.989 million, mainly from Oman (37.42%), Germany (22.21%), and the Czech Republic (16.71%), whereas in 2024, it imported 306 metric tons of semi-finished products worth $278 thousand.

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Ukraine Reduced Lead Imports by 74.4% in Jan–Jun

In January–June 2026, Ukraine reduced imports of lead and lead products by 74.4% compared to the same period last year, down to $1.027 million.

According to customs statistics, imports of lead and lead products in June totaled $68,000.

Exports of lead and lead products for January–June of this year rose by 9.2% to $4.872 million, and in June, they totaled $1.054 million.

As previously reported, in 2025, Ukraine increased its imports of lead and lead products by a factor of 3.3 compared to 2024, reaching $7.801 million. Exports of lead and lead products in 2025 decreased by 17.8% to $9.377 million.

Lead is currently used primarily in the production of lead-acid batteries for the automotive industry. In addition, lead is used in the manufacture of bullets and certain alloys.

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Export Credit Agency (ECA) supported Ukrainian companies’ exports worth 114 mln hryvnia in June

In June 2026, the Export Credit Agency (ECA) supported Ukrainian companies’ exports worth 114 million hryvnia.

According to the agency’s website, the largest volume of supported exports came from companies in the Sumy region—53.46 million UAH—and the Chernihiv region—44.87 million UAH. The Kyiv, Lviv, and Odesa regions were also among the most active.

Ukrainian goods insured by the ECA in June will be exported to Uzbekistan, India, Moldova, Australia, Latvia, Germany, and Georgia.

The largest share of supported exports in June was accounted for by products from the oil and fat industry—53.46 million UAH—followed by shipments of wallpaper, radiators, and central heating boilers; products from the distillation and blending of alcoholic beverages; and fruit and vegetable juices—1.11 million UAH.

The Export Credit Agency of Ukraine (ECA) is a state institution that supports non-commodity exports by insuring the risks of enterprises and banks. The agency insures foreign economic contracts, export credits, bank guarantees, and investment credits against war risks.

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Ukraine Increased Nickel Imports by 5.2% in Jan–Jun

In January–June 2026, Ukraine increased its imports of nickel and nickel products by 5.2% compared to the same period last year, reaching $11,119 million.

According to customs statistics, nickel and nickel product imports in June totaled $1.946 million.

Exports of nickel and nickel products in January–June 2026 totaled $310,000, and in June—$118,000, compared to $608,000 for the first six months of 2025.

As previously reported, Ukraine reduced its imports of nickel and nickel products by 2.7% in 2025 compared to 2024, down to $26,011 million. Exports of nickel and nickel products totaled $1,420 million, compared to $602 thousand in 2024.

Nickel is used in the production of stainless steel and for nickel plating. It is also used in battery manufacturing, powder metallurgy, and chemical reagents.

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Ukraine Increased Aluminum Imports by 24.5% in January–June

In January–June 2026, Ukraine increased its imports of aluminum and aluminum products by 24.5% compared to the same period last year, reaching $316.841 million.

According to customs statistics, aluminum and aluminum product imports totaled $68.864 million in June.

Exports of aluminum and aluminum products in January–June of this year rose by 28% compared to the same period last year, reaching $90.732 million; in June, they totaled $18.339 million.

As previously reported, in 2025, Ukraine increased its imports of aluminum and aluminum products by 15.3% compared to 2024, reaching $514.098 million. Exports of aluminum and aluminum products in 2025 rose by 22.9% to $152.919 million.

Aluminum is widely used as a structural material. The main advantages of aluminum are its light weight, formability, corrosion resistance, high thermal conductivity, and the non-toxic nature of its compounds. In particular, these properties have made aluminum extremely popular in the production of cookware, aluminum foil in the food industry, and for packaging. The first three properties have made aluminum the primary raw material in the aviation and aerospace industries (though it has recently been replaced by composite materials, primarily carbon fiber). After construction and packaging production—aluminum cans and foil—the energy sector is the largest consumer of this metal.

For a more detailed overview of global aluminum production from 1970 to 2024, watch the video on the Experts Club YouTube channel.

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Ukraine Increased Copper Imports by 14.2% in Jan – Jun

In January–June of this year, Ukrainian companies increased their imports of copper and copper products by 14.2% in monetary terms compared to the same period last year, reaching $106.351 million.

According to customs statistics released by the State Customs Service of Ukraine, exports of copper and copper products rose by 11.6% over the six-month period, reaching $51.405 million.

In June, copper imports totaled $21.012 million, while exports amounted to $12.159 million.

As previously reported, in 2025, Ukrainian companies increased imports of copper and copper products by 23.2% in monetary terms compared to 2024—to $173.453 million—while exports of copper and copper products rose by 17.7%—to $103.848 million.

Copper is widely used in electrical engineering, in the production of pipes, for creating alloys, in medicine, and in other industries.

Previously, the Experts Club Information and Analytical Center released a video on global copper production and leading producing countries – https://youtube.com/shorts/_h8iU50z8C0?si=a-XkgGEfeUxseQNa

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