Business news from Ukraine

Business news from Ukraine

Truck Imports to Ukraine Fell by 6.7% in First Half of Year

Imports of trucks to Ukraine in January–June 2026 fell by 6.7% in monetary terms compared to the same period in 2025—to $446.1 million, according to statistics from the State Customs Service.

According to the published data, imports of these vehicles in June, in particular, rose by 4% compared to June 2025 and by 4% compared to May of this year—reaching $94.14 million.
As in the previous year, the largest number of trucks in January–June was imported from Poland, but imports from that country fell by 40.4%—to $58.06 million—and its share of total truck imports dropped to 13% from 20.4%.

Imports from Italy, which did not rank among the top three truck suppliers in the first half of the year, totaled $55.2 million (12.38%), while imports from France fell by 36.5% to $47.7 million (10.68%).
In January–June of last year, the top three truck suppliers were Poland, the United States, and France.

Truck imports from all other countries increased by 27% in the first half of the year, reaching $285.1 million.
At the same time, according to statistics, Ukraine exported only $1.85 million worth of trucks over the six-month period, mostly to Turkey, while a year ago, exports totaled nearly $3.5 million, also primarily to Turkey.

As previously reported, in 2025, imports of trucks into Ukraine increased by 5.5% compared to 2024—to $999.5 million, with the largest volumes coming from France—$169.2 million (42.8% more than the year before last), Poland—$162.7 million (-14.7%), and the U.S.—$109 million (+2%).

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Ferroalloy Exports from Ukraine Fell by 80.5% in First Half of Year

In January–June of this year, Ukraine’s ferroalloy exports decreased by 80.5% in volume terms compared to the same period last year—to 15,212 thousand metric tons from 54,771 thousand metric tons.

According to statistics released by the State Customs Service (SCS), 6,432 thousand metric tons of ferroalloys were exported in June, 4,851 thousand metric tons in May, 2,755 thousand metric tons in April, 337 metric tons in March, 72 metric tons in February, and 765 metric tons in January.
In monetary terms, ferroalloy exports for January–June fell by 70.2% to $18.220 million. The main export destinations were Poland (56.82% in monetary terms), Turkey (13.80%), and Romania (9.39%).

In addition, during the first six months of the year, Ukraine imported 13,097 thousand metric tons of these products—a 36.8% decrease compared to January–June 2025. In monetary terms, imports fell by 36.9% to $25.553 million. Imports came primarily from Kazakhstan (23.21%), India (13.61%), and France (11.52%).
As previously reported, the Pokrovsk Mining and Processing Plant (PGZK, formerly the Ordzhonikidze Mining and Processing Plant) and the Marganetsk Mining and Processing Plant (MGZK, both located in Dnipropetrovsk Oblast), which are part of the Privat Group, ceased the extraction and processing of raw manganese ore in late October–early November 2023, while the

NZF and ZZF plants halted ferroalloy smelting. In the summer of 2024, the ferroalloy plants resumed production at a minimal level.
Since January 19, 2026, due to problems with electricity supply and high electricity prices, NZF has been idle, while ZZF is operating at a minimal level.

In 2025, ferroalloy plants increased their exports of ferroalloys by 21.4% in volume terms compared to 2024—to 93,841 thousand metric tons—while revenue rose by 19% to $105.441 million. The main export destinations were Poland (28.69% of shipments in monetary terms), Turkey (21.62%), and Algeria (21.48%).
In 2025, Ukraine imported 38,434 thousand metric tons of this product—a 53.3% decrease compared to 2024. In monetary terms, imports fell by 47.5% to $73.839 million. Imports came primarily from Norway (16.11%), Kazakhstan (15.89%), and France (12.56%).

Prior to the nationalization of the financial institution, PrivatBank managed the operations of ZZF, NZF, the Stakhanov Ferroalloy Plant (located at NKT), and the Pokrovsk and Marganetsk Mining and Processing Plants. The Nikopol Ferroalloy Plant is controlled by the EastOne Group, formed in the fall of 2007 as a result of the restructuring of the Interpipe Group, as well as by the Privat Group.

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Passenger car imports to Ukraine fell by 14.6% in first half of year

The volume of passenger car imports to Ukraine, including cargo-passenger vans and race cars (UKT ZED code 8703), amounted to $2.18 billion in January–June 2026, which is 14.6% less than the figure for the first half of 2025 ($2.554 billion).

According to statistics released by the State Customs Service of Ukraine, imports of passenger cars in June, in particular, fell by 6.8% compared to June of last year, but rose by 16.9% compared to May 2026—to $468.12 million.
The top three suppliers of passenger cars to Ukraine for January–June have consistently been the United States, Germany, and Japan, while in the previous year these were the same countries, but Germany was the largest exporter, followed by the United States and Japan.

Specifically, car imports from the United States declined slightly to $417.9 million, while those from Germany fell by 26.7% to $347.6 million; imports from Japan, however, rose by 3.4% to $302.5 million.
Imports of passenger cars from other countries during this period totaled $1.11 billion—18.7% less than last year’s figure.

At the same time, over the six-month period, Ukraine exported only $1.38 million worth of such vehicles, whereas last year, total exports to the UAE, Poland, and the Czech Republic amounted to $3.49 million.
Passenger cars accounted for 4.43% of total goods imports into Ukraine in the first half of the year, compared to 6.67% during the same period last year; their share of total exports was 0.01% and 0.02%, respectively.

As previously reported, in 2025, passenger cars worth nearly $6.15 billion were imported into Ukraine, which is 40.2% more than in 2024. The top three exporters were the United States, Germany, and China. Car exports totaled $10.1 million (2.7 times less).

The significant increase in passenger car imports to Ukraine in the final months of 2025 was driven by news that VAT exemptions on electric vehicle imports would be abolished as of January 1, 2026, whereas imports had declined significantly since the beginning of the current year. However, starting in March, a slow but steady recovery of the passenger car market—including electric vehicles—began.

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Exports of Ukrainian wires and cables rose to $741 mln in first half of year

The value of Ukraine’s exports of insulated wires and cables (including fiber-optic cables) in January–June 2026 increased by 2% compared to the same period in 2025, reaching $741.2 million.

According to statistics from the State Customs Service (SCS), Germany remained the largest importer of Ukrainian products, as it was last year; shipments to Germany decreased by 3% to $245.3 million, and its share of total exports of these products fell by 1.7 percentage points to 33%.
As in the first half of last year, the top three importers also included Hungary—$124.8 million (last year: $118.1 million)—and Poland—$121.8 million ($111.3 million).

According to statistics, exports of these products in June fell by 3% compared to June 2025 but rose by 3.3% compared to May of this year, reaching $128.3 million.
At the same time, according to the State Customs Service, imports of wires and cables into Ukraine increased by 24.5% in the first half of the year, reaching $354.2 million.

The largest suppliers of wires and cables to Ukraine were China ($101.6 million), Hungary ($87.8 million), and Poland ($47.3 million), whereas last year imports from Hungary totaled $78.9 million, from China – $55.6 million, and from Poland – $41.1 million.
As previously reported, according to the State Customs Service, in 2025 Ukraine increased its exports of insulated wires and cables by 10.6% compared to 2024—to $1.41 billion—and imports by 24.3%—to $590.7 million.

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Registrations of imported used cars in Ukraine fell by 2%

In the first half of 2026, Ukrainians purchased 111,500 used passenger cars imported from abroad, which is 2% less than in the same period of 2025, according to a report by “Ukravtoprom” on its Telegram channel.

Gasoline-powered cars accounted for the largest share of this segment of the auto market, increasing their share by 11 percentage points compared to January–June 2025, to 58%.

Next came diesel cars at 20% (22%), while the share of electric vehicles fell to 11% from 22%, though they still outpaced hybrids, which accounted for 8% (5%). The share of cars with LPG systems was 3% (4%).

The average age of imported used cars was 9.7 years.

The Volkswagen Golf confidently tops the list of the ten most popular imported used models with 5,143 units. Next are the VW Tiguan with 4,549 units, the Audi Q5 with 3,962 units, the Nissan Rogue—3,896 units, the Skoda Octavia—3,688 units, the Renault Megane—3,435 units, the Volkswagen Passat—2,477 units, the Ford Escape—2,446 units, the Nissan Qashqai—2,166 units, and the Audi A4—2,144 units.

As reported by “Ukravtoprom,” in 2025, Ukrainians purchased 274,300 used passenger cars imported from abroad, which is 24% more than in 2024; the top three most popular models after the Volkswagen Golf included two Tesla electric vehicles—the Model Y and Model 3.

This year, the market showed a 22% increase in January compared to January 2025, but began to decline starting in February.

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Tin imports to Ukraine increased by 18.8%, exports – almost 50 times

In January-February 2026, imports of tin and tin products increased by 18.8% to $727 thousand (in February – $559 thousand).

Exports of tin and tin products in January-February 2026 amounted to $248,000 (in February – $23,000), while in January-February 2025 they amounted to $5,000.

In 2025, imports of tin and tin products increased by 36.5% to $4.352 million.

Exports of tin and tin products amounted to $241,000, compared to $389,000 in the 12 months of 2024.

Tin is mainly used as a safe, non-toxic, corrosion-resistant coating in its pure form or in alloys with other metals. The main industrial applications of tin are in white tinplate (tinned iron) for the manufacture of food containers, in solders for electronics, in domestic piping, in bearing alloys, and in coatings made of tin and its alloys. The most important tin alloy is bronze (with copper).

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