Business news from Ukraine

Business news from Ukraine

Poultry meat exports from Ukraine brought in $1.15 bln, despite slight decline in volume

Poultry meat exports from Ukraine in 2025 decreased by 1.8% to 458,100 tons, while revenue for the year amounted to $1,149.1 million, which is 13.7% more than in 2024, according to the Ukrainian Poultry Association (UPA), citing data from the State Customs Service.

The industry association noted that 18.4 thousand tons of the total export volume accounted for export shipments of finished poultry meat products totaling $58 million.

“The growth in total revenue amid a decline in physical export volumes indicates an increase in the export value of products and favorable price conditions in foreign markets over the past year,” the UPA explained.

The main buyers of Ukrainian poultry meat in 2025 were the Netherlands (17.4%), Saudi Arabia (9.9%), Slovakia (7.6%), and the United Kingdom (11.9%). The share of exports to EU countries in total exports reached 30.6% (139.7 thousand tons). Thus, the countries of the European Union, the Middle East, and the United Kingdom continue to form the basis of external demand for Ukrainian poultry products, the APU emphasized.

The association explained the growth in export revenues, despite a slight decrease in physical export volumes, by an increase in average export prices and an increase in the share of products with higher added value.

In addition, Ukrainian producers are gradually reorienting exports to solvent markets, which allows them to offset logistics costs and maintain production profitability amid constantly rising production costs, the Poultry Farmers Association noted.

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Kernel increased oilseed processing and grain exports

Kernel, one of Ukraine’s largest agricultural holdings, processed 995,000 tons of oilseeds in the second quarter of fiscal year 2026 (FY, October-December 2025), which is 2% more than in the same period last year and 78% more than in the previous quarter, the agricultural holding reported in its quarterly report.

It specified that sunflower seeds accounted for 85% of the total volume, with the remainder being soybeans, which were processed to partially offset the impact of limited availability of sunflower seeds on the domestic market.

According to the agricultural holding, oilseed processing volumes in July-December 2025 decreased by 6% compared to the same period last year, to 1.6 million tons, which is a result of a decrease in processing volumes under tolling agreements compared to the corresponding figure a year ago.

Sales of Kernel edible oil in the second quarter of 2026 amounted to 411 thousand tons, which is at the level of the same period last year, but the total figure for the first half of the year exceeded the result for the same period a year ago by 30% due to higher oilseed processing volumes. Bottled sunflower oil accounted for 17 thousand tons of total sales.

Silos received 2.3 million tons in the second quarter of 2026 FY, reaching 3.5 million tons in the first six months of 2026 FY.

“The 35% increase on an annualized basis was supported by higher overall grain availability due to increased corn yields in the group’s own agricultural segment, as well as increased grain consumption from third-party suppliers,” the agricultural holding explained.

Kernel’s grain exports reached 1.5 million tons in the second quarter of FY 2026, up 21% from the previous quarter. On an annualized basis, volumes increased by 10%, mainly reflecting the low comparative base of the previous year. The agricultural holding added that overall export rates remained limited due to delays in the harvesting campaign and continued slow sales to farmers.

The throughput capacity of Kernel’s export terminal in the second quarter of 2026 FY was 2.5 million tons, up 35% compared to the previous quarter. Grain crops accounted for 71% of total shipments, edible oils for 16%, and vegetable meal for the rest.

“At the same time, over the six months, the throughput capacity of the terminals decreased by 11% compared to the same period last year amid intensified Russian attacks on Ukrainian ports on the Black Sea and the Danube in the Odesa region, which led to prolonged disturbances and disruptions in the operation of the group’s terminals,” the agricultural holding stated.

Kernel recalled that in October-December 2025, Russian drones twice damaged the group’s port infrastructure in the Odesa region, including vegetable oil storage tanks and a number of production facilities. Preliminary estimates indicate a loss of approximately 500 tons of sunflower oil.

Before the war, Kernel was the world’s leading producer of sunflower oil (about 7% of global production) and its exporter (about 12%). It is one of the largest producers and sellers of bottled oil in Ukraine. It is also involved in the cultivation and sale of agricultural products.

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Exports of cables and wires from Ukraine in 2025 increased by 10.6% to $1.41 bln

In 2025, Ukraine increased exports of insulated wires and cables, including fiber optic cables, by 10.6% compared to 2024, to $1.41 billion, according to data from the State Customs Service. According to statistics, Germany remained the largest importer of Ukrainian products, with deliveries to this country falling by 6.2% to $471.7 million, and Germany’s share in total exports decreasing by 6 percentage points to 33.4%.

The top three markets also included Hungary ($239.1 million, almost 17%) and Poland ($224 million, 15.9%). In 2024, the main buyers, apart from Germany, were Poland ($184.4 million) and the Czech Republic ($165.6 million).

In December 2025, Ukraine exported insulated wires and cables worth $95.1 million, which is 25.5% more than in December 2024.

According to the State Customs Service, in 2024, Ukraine increased exports of these products by 60.2% compared to 2023, to $1.275 billion.

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Lead imports to Ukraine increased 3.3 times in 2025

Imports of lead and lead products to Ukraine in 2025 increased 3.3 times to $7.801 million.

In contrast, lead exports decreased by 17.8% to $9.377 million.

In December, imports amounted to $478,000, while exports amounted to $466,000.

Imports have been growing for the second year in a row: in 2024, they increased 2.4 times.

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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Ukrainian cast iron exports grew by 53.5% in 2025

In 2025, Ukraine increased its exports of processed cast iron in physical terms by 53.5% compared to the previous year, to 1 million 980,620 thousand tons.

According to statistics released by the State Customs Service (SCS) on Friday, during the specified period, cast iron exports in monetary terms increased by 51.9% to $759.882 million.
Exports were mainly to the United States (68.25% of shipments in monetary terms), Italy (20.26%), and Turkey (3.63%).

Over the 12 months of last year, the country imported 39,000 tons worth $78,000 from Germany (51.95%) and Brazil (48.05%), while in January-December 2024, 38 tons of cast iron worth $90,000 were imported.

As reported, on March 12 of this year, in accordance with President Donald Trump’s decision, the US began imposing a 25% tariff on imports of Ukrainian steel products, except for cast iron.

In 2024, Ukraine reduced its exports of processed cast iron by 3.4% in physical terms compared to 2023, to 1 million 290.622 thousand tons, and by 6.1% in monetary terms, to $500.341 million. Exports were mainly to the US (72.64% of shipments in monetary terms), Turkey (8.03%), and Italy (7.30%).

For the whole of 2024, the country imported 38 tons of pig iron worth $90 thousand from Germany, while for the same period in 2023, it imported 154 tons of pig iron worth $156 thousand.

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Iron ore exports from Ukraine fell by 8% in 2025

In 2025, Ukrainian mining companies reduced exports of iron ore raw materials (IORM) in physical terms by 8% compared to the previous year, from 33 million 699,722 thousand tons to 30 million 995,363 thousand tons.

According to statistics released by the State Customs Service (SCS) on Friday, foreign currency proceeds from iron ore exports decreased by 16.6% during this period, from $2 billion 803.223 million to $2 billion 337.765 million.

Exports of mineral resources were mainly to China (44.98% of shipments in monetary terms), Slovakia (17.15%), and Poland (16.09%).

In addition, in 2025, Ukraine imported $95,000 worth of raw materials, amounting to 130 tons, from the Netherlands (46.32%), Italy (36.84%), and Norway (13.68%), while in the previous year it imported 2,042 tons worth $414,000.

As reported, in 2024, Ukraine increased its exports of raw materials by 89.8% compared to 2023, to 33 million 699.722 thousand tons, and foreign exchange earnings grew by 58.7%, to $2 billion 803.223 million UAH.

In 2024, Ukraine imported mineral resources worth $414,000 in a total volume of 2,042 tons, while in 2023, 250 tons of these raw materials were imported worth $135,000. In 2023, exports of raw materials decreased by 26% in real terms compared to 2022, to 17 million 753,165 tons. Foreign exchange earnings amounted to $1 billion 766,906 million (a decrease of 39.3%). Raw materials worth $135,000 were imported, totaling 250 tons.

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