Business news from Ukraine

Business news from Ukraine

State Customs Service: imports of goods to Ukraine grew by 31% in two months, reaching $14.8 bln

Imports of goods to Ukraine in January-February 2026 amounted to $14.8 billion in monetary terms, while in the same period last year they amounted to $11.3 billion, which is 31% less, according to data from the press service of the State Customs Service of Ukraine (SCS).

According to a publication on the agency’s Telegram channel, in the first two months of 2026, goods worth $6.5 billion were exported from Ukraine, which is almost unchanged compared to the same period in 2025 ($6.3 billion).

“At the same time, taxable imports amounted to $5.2 billion, which is 78% of the total volume of imported goods. The tax burden per 1 kg of taxable imports in January-February 2026 was $0.54/kg,” the report says.

The largest imports to Ukraine came from China ($4 billion), Poland ($1.4 billion), and Turkey ($1.1 billion).

The largest exports from Ukraine went to Poland ($713 million), Turkey ($563 million), and Italy ($428 million).

Of the total volume of goods imported in January-February 2026, 71% of the categories were machinery, equipment, and transport – $6 billion (with customs clearance, 32.9 billion UAH, or 26% of customs payments, was paid to the budget), fuel and energy products – $2.6 billion (49.7 billion hryvnia, or 39% of customs payments, paid to the budget), chemical industry products – $2 million (15.9 billion hryvnia, or 12% of revenues, paid).

The top three most exported goods from Ukraine were food products – $4 billion, metals and metal products – $589 million, and machinery, equipment, and transport – $532 million.

“In January-February 2026, during customs clearance of exports of goods subject to export duties, UAH 318.5 million was paid to the budget,” the State Customs Service summarized.

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EU has authorized import of Ukrainian cherry planting material and its hybrids

The European Union has officially allowed the import of planting material for common cherries (Prunus cerasus), blue cherries (Prunus canescens), and their hybrids from Ukraine, according to the State Service of Ukraine for Food Safety and Consumer Protection (Derzhprodspozhyvsluzhba).

According to the report, the decision was made by the European Commission (EU Executive Regulation 2025/1949) after reviewing the technical dossier prepared by the Ukrainian side. The document allows the import of unvaccinated plants up to two years old in a dormant state (without leaves) into the EU.

“The opening of the EU market for Ukrainian planting material is another step towards deeper integration into the European space and strengthening Ukraine’s reputation as a reliable trading partner,” the agency said.

The State Service of Ukraine for Food Safety and Consumer Protection emphasized that exporters must ensure unconditional compliance with the phytosanitary requirements of Regulation (EU) 2019/2072. Each shipment must be accompanied by a phytosanitary certificate, and non-compliance with the importing country’s standards is grounds for refusal to issue it.

The agency drew attention to the need to recognize the equivalence of Ukraine’s certification system for the full export of material covered by Council Directive 2008/90/EC. In this context, an important step was the Commission Implementing Decision (EU) 2026/75 of January 12, 2026, on the equivalence of material for the propagation of fruit plants grown in third countries.

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504 imported cars were subject to luxury tax last year

The number of cars subject to luxury tax decreased threefold over the year

According to the Ministry of Internal Affairs, 504 vehicles subject to luxury tax were imported into the country last year.

This is the lowest figure in the last five years. Porsche and Mercedes-Benz account for 89% of luxury vehicles, and every second such car is a Porsche Taycan. In total, electric cars account for 65% of all cars subject to luxury tax.

504 cars subject to the “luxury tax” were imported into Ukraine in 2025. This is 3.2 times less than in 2024. Overall, this is the lowest figure in the last five years.

Every second car on the “luxury” list is a Porsche Taycan: 232 cars. Overall, Porsche became the leader in the luxury segment with additional taxation: cars of this brand account for 64% of the total volume. Mercedes-Benz took another quarter of the market with 126 cars. The rest of the premium brands together account for 11% of the market: Audi, Rolls-Royce, Aston Martin, Lamborghini, Maserati, etc.

It is worth noting that, in contrast to overall imports, electric cars dominate the premium segment: 65% of imported luxury cars. Another 18% are hybrids that can run on electricity as well as gasoline or diesel. Pure gasoline cars, the leaders in overall imports, are at the bottom of the list with 17%. Diesel accounts for a symbolic 0.4%.

Almost half of all luxury cars are registered in Kyiv and the surrounding region: 236 cars. Another 52 cars are in Lviv region, 49 in Odesa region, and 37 in Dnipropetrovsk region.

Most of the cars in the luxury segment are registered to individuals — 82% or 413 cars. Only 18% of such cars are registered to businesses.

The ultra-premium segment deserves special attention. Last year, 21 Rolls-Royces were imported into Ukraine. Fifteen of them are the electric Spectre model, which costs about $600,000. The registry also includes seven Aston Martins and two Lamborghinis.

It should be noted that the “luxury tax” applies to cars costing more than UAH 3.2 million and less than 5 years old. The tax amount for one such car is UAH 25,000 per year.

https://opendatabot.ua/analytics/luxury-car-fee-2025

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Ukraine reduced lead imports by 5.2 times to $112,000 in January

At the same time, Ukraine reduced imports of lead and lead products by 5.2 times to $112,000 in January 2026 (in December — $478,000).

Exports of lead and lead products fell by 63.8% to $1,053 thousand (in December — $466 thousand).

At the same time, 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.

At the same time, in 2024, the country increased imports of lead and lead products by 2.4 times to $2.391 million.

Exports of lead and lead products decreased by 22.9% to $11.401 million.

In 2023, compared to the previous year, less lead and lead products were imported into Ukraine — $989 thousand (-65.2%).

Exports of lead and lead products increased by 23.5% to $14.778 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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Average age of newly imported cars in Ukraine is 9 years

Overall, car imports grew by 17%

According to the Ministry of Internal Affairs, almost half a million cars were imported into Ukraine from abroad in 2025. This is 17% more than in 2024, but still a third less than before the start of the full-scale war. The average age of imported cars is 9 years. One in five imported vehicles was registered in Kyiv. And one in four cars that crossed the border was electric, which is even more than the number of imported diesel cars. Volkswagen retains its leading position, and the Tesla Model Y will remain the most popular car model.

444,860 vehicles were imported into Ukraine last year. This is 17% more than in 2024, but still a third less than in 2021.

Ukraine remains a market for used cars: more than 70% of imports last year were used cars. The average age of imported vehicles remained unchanged over the year at 9 years. By comparison, in 2021, the average age of newly imported cars was 11 years.

Against this backdrop, there were also some real automotive rarities: from a 1967 Honda Monkey moped to a classic 1971 Chevrolet Corvette. Even the electric segment has its “veterans”: the oldest electric car, the Peugeot iOn, is already 15 years old.

On the eve of the return of taxes on the import of electric cars, such cars were in high demand — every fourth car that crossed the border last year. Electric cars even surpassed diesel cars in popularity: 109,309 electric cars versus 94,014 diesel cars. However, gasoline cars still lead the way with 195,059 vehicles.

It is worth noting that of the 504 luxury cars subject to the luxury tax, half were also electric. Volkswagen was the most sought-after car brand, while the Tesla Model Y was the most popular imported car of the year.

However, it is worth noting that Volkswagen leads in 20 regions. The exceptions were the Odesa region, where BMW unexpectedly took the lead, Chernihiv and Donetsk regions, where Renault took the lead, and the Kherson region, where the Spark motorcycle brand became the leader.

If we look exclusively at electric cars, the picture is even clearer — Tesla became the No. 1 brand in 22 regions of the country, yielding only to Volkswagen in the Zakarpattia region and to the Chinese BYD in the Sumy region.

Almost one in five imported vehicles was registered in the capital: 80,425 cars. Lviv region ranks second with 51,730 cars. The top five also includes Kyiv region (28,179), Dnipropetrovsk region (26,311), and Rivne region (23,608).

https://opendatabot.ua/analytics/import-cars-2025

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Logistical constraints shift EU corn imports away from Ukraine

Logistical constraints related to the war are leading to a redistribution of corn imports to the European Union in favor of alternative suppliers, with Ukraine’s share in the 2025/26 season declining significantly, according to a review by S&P Global Commodity Insights (Platts).
According to S&P Global Market Intelligence Global Trade Analytics Suite (GTAS), corn imports to the EU in the 2024/25 marketing year amounted to 18.79 million tons, compared to 19.83 million tons in 2023/24, and GTAS forecasts an increase in imports to 21 million tons in 2025/26.
S&P notes that, on average over five years, Ukraine remained the dominant supplier of corn to the EU, supplying about 9.7 million tons per year (53.5% of imports), but in the 2025/26 marketing year (July-June), the structure of supplies changed: Brazil’s share grew to 40%, the US’s share rose to 28.3%, while Ukraine’s share fell to 22.4%.
Market participants reported delays in receiving contracted Ukrainian corn, which led buyers to switch more actively to Brazil and the US. Market participants cited the EU-Mercosur trade agenda as an additional factor in choosing the origin of products.
Spain, the Netherlands, and Italy remain among the largest corn importers in the EU. According to the European Commission, Spain imported 7.2 million tons in 2024/25 MY (7.6 million tons in 2023/24), the Netherlands imported 3.3 million tons (2.6 million tons), and Italy imported 2.8 million tons (2.1 million tons).
At the same time, Spain, as a price-sensitive market, has recently switched to more competitively priced American corn, while Ukrainian corn was relatively expensive amid high demand from Turkey, the review says.
Platts price benchmarks for February 3: feed corn ex-works Tarragona (Spain) – €213/t with loading between February 3 and March 5, Ukrainian corn – $223/t FOB POC (Odessa-Pivdenny-Chernomorsk ports) with loading between March 3 and 17, Brazilian corn – $210.81/t FOB Santos with loading in August.

 

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