Business news from Ukraine

Business news from Ukraine

Exports of aluminum products increased by 14.2% to $22.8 mln

In January-February 2026, Ukraine increased imports of aluminum and aluminum products by 15.8% to $86.371 million (in February – $46.957 million).

Exports of aluminum and aluminum products in January-February of this year increased by 14.2% compared to the same period last year, to $22.793 million (in February – $11.063 million).

In 2025, Ukraine increased imports of aluminum and aluminum products by 15.3% to $514.098 million.

Exports of aluminum and aluminum products in 2025 increased by 22.9% compared to 2024, reaching $152.919 million.

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three properties have made aluminum the main raw material in the aviation and aerospace industries (recently, it has been replaced by composite materials, primarily carbon fiber).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

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

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Lead imports to Ukraine fell 6.2 times at beginning of year

At the same time, Ukraine reduced imports of lead and lead products by 6.2 times in January-February 2026, to $198,000 (in February – $86,000).

Exports of lead and lead products increased by 23.3% to $1,660 thousand (in February – $607 thousand).

In 2025, the country increased imports of lead and lead products by 3.3 times to $7.801 million.

Exports of lead and lead products decreased by 17.8% to $9.377 million.

Lead is currently mainly used 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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Nickel imports to Ukraine increased 2.3 times at beginning of year

In January-February 2026, Ukraine increased imports of nickel and nickel products 2.3 times compared to the same period last year, to $4.518 million (in February – $2.052 million).

Exports of nickel and nickel products amounted to $51,000 (in February – $47,000), while in January-February 2025 they amounted to $33,000.

In addition, in 2025 Ukraine reduced imports of nickel and nickel products by 2.7% compared to 2024 – to $26.011 million.

Exports of nickel and nickel products amounted to $1.420 million, compared to $602 thousand in 2024.

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

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Oat exports from Ukraine fell by 98% due to Turkey and India halting purchases

Oat exports from Ukraine in January-February 2026 decreased by 98% compared to the same period in 2025, according to the information and analytical agency APK-Inform, citing its own monitoring data.

According to the report, 506 tons of oats were shipped to foreign markets in January, while in February, exports fell to 215 tons. The main buyers of Ukrainian oats in December 2025 were Turkey and India, whose shares in the structure of shipments were 90.3% and 4%, respectively.

“The decline in exports is due to the suspension of purchases by leading importing countries — Turkey and India. At the same time, demand prices for oats in 2026 are mainly fixed in the previously formed range — 8,900-10,500 UAH/ton CPT port,” analysts said.

APK-Inform noted that despite minimal export volumes, the domestic market maintains stable price indicators in ports. This allows producers to hold grain in anticipation of a recovery in demand from major trading partners.

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Copper imports to Ukraine fell by 11.6% in two months to $26.8 mln

In January-February of this year, Ukrainian enterprises reduced imports of copper and copper products in monetary terms by 11.6% compared to the same period last year, to $26.757 million.

According to customs statistics released by the State Customs Service of Ukraine on Tuesday, exports of copper and copper products during the specified period decreased by 14.6% to $12.213 million.

In February, copper imports amounted to $15.724 million, while exports amounted to $7.260 million.

As reported, in 2025, Ukrainian enterprises increased imports of copper and copper products in monetary terms by 23.2% compared to the previous year, to $173.453 million, while exports of copper and copper products grew 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.

Earlier, the Experts Club information and analytical center released a video dedicated to global copper production and leading producing countries – https://youtube.com/shorts/_h8iU50z8C0?si=a-XkgGEfeUxseQNa

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Exports of metal products from Ukraine fell by 25.8%, imports rose by 13.5%

In January-February of this year, Ukrainian metallurgical companies reduced their revenues from ferrous metal exports by 1% compared to the same period last year, from $419.20 million to $415.10 million.

According to statistics released by the State Customs Service (SCS) on Tuesday, ferrous metals accounted for 6.42% of total export revenues during this period, compared to 6.67% in January-February 2025.

In February 2026, export revenues amounted to $210.24 million, compared to $205.08 million in the previous month.

At the same time, Ukraine increased imports of similar products by 6.6% in January-February 2026, to $243.31 million, including $120.59 million worth of products imported in February.

In addition, in January-February 2026, Ukraine reduced exports of metal products by 25.8% to $107.37 million, with $58.79 million exported in February.

Imports of metal products during this period increased by 13.5% to $156.61 million, of which $79.88 million was imported in February.

As reported, Ukrainian metal companies increased their revenues from ferrous metal exports by 7.85% in 2025 compared to the previous year, to $3 billion 339.49 million. Ferrous metals accounted for 8.25% of total export revenues for the year, compared to 7.42% in 2024. At the same time, Ukraine increased imports of similar products by 12.9% in 2025, to $1 billion 669.54 million. In addition, last year Ukraine reduced exports of metal products by 3%, to $916.15 million. Imports of metal products increased by 24.4% over the year, to $1 billion 290.61 million.

In 2024, metal companies increased their revenues from ferrous metal exports by 16.9% compared to the previous year, to $3 billion 96.34 million. At the same time, Ukraine increased imports of similar products by 13.1%, to $1 billion 478.81 million.

In 2023, Ukraine reduced its revenues from ferrous metal exports by 41.6% compared to 2022, to $2 billion 647.72 million, with ferrous metals accounting for 7.3% of total revenues from goods exports, while in 2022 the share was 10.3%. At the same time, Ukraine increased imports of similar products by 37% in 2023, to $1 billion 307.05 million. In addition, in the same year, Ukraine reduced exports of metal products by 16.6% compared to the previous year, to $877.92 million. At the same time, imports of metal products increased by 40.3%, to $902.57 million.

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