Business news from Ukraine

Business news from Ukraine

Aluminum imports to Ukraine exceeded half bln dollars in 2025

In 2025, Ukraine increased imports of aluminum and aluminum products by 15.3% to $514.098 million. Aluminum exports grew by 22.9% to $152.919 million.

In December, imports amounted to $43.298 million, while exports amounted to $11.805 million.

This is a continuation of the growing trend: in 2024, imports had already increased by 21.7% compared to 2023.

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 manufacture of cookware, 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three properties have made aluminum the main raw material in the aviation and aerospace industries (recently, it has been replaced by composite materials, primarily carbon fiber).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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Government has extended ban on imports of goods from Russia until end of 2026

The Cabinet of Ministers has extended the ban on imports of goods originating from Russia into the customs territory of Ukraine until December 31, 2026.

According to Resolution No. 1707 of December 24, the government amended Cabinet Resolution No. 1147 of December 30, 2015, which is updated annually.

In addition, by Resolution No. 1706, the government extended the term of Resolution No. 1146 of December 30, 2015, which establishes import duty rates on goods originating in the Russian Federation, for another year, until December 31, 2026. These instruments have been in effect since 2015 as countermeasures in response to economic pressure that has been going on for many years.

As reported, in 2015, the Cabinet of Ministers adopted two resolutions restricting trade with Russia in response to the actions of the aggressor state against Ukraine, in particular, the unilateral termination by the Russian Federation of the Agreement on the Free Trade Area within the CIS with regard to Ukraine and the introduction of bans on the import of a number of goods of Ukrainian origin from January 1, 2016. The validity of these acts is extended every year in December.

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US has postponed introduction of tariffs on chip imports from China

The US will impose tariffs on chip imports from China in connection with Beijing’s “unreasonable” attempts to secure dominance in the semiconductor industry, the administration of US President Donald Trump has announced. The size of the tariffs will be announced at least 30 days before their introduction, which has been postponed until June 2027.

“China’s focus on dominating the semiconductor industry is unreasonable and burdens or restricts US trade, and therefore warrants action,” said US Trade Representative Jamison Greer in a statement.

The US authorities have been investigating Chinese chip imports for unfair trade practices throughout the year and have concluded that China has been engaging in such practices.

Beijing could use its control over the global semiconductor industry to exert economic pressure on other countries, the trade representative’s release said.

In response, the Chinese Foreign Ministry criticized the US for abusing tariffs and suppressing sectors of the Chinese economy.

Ministry spokesman Lin Jian said that the American approach harms not only global supply chains, but also Americans themselves.

“If the US continues to do things its own way, China will resolutely take appropriate measures to protect its legitimate rights and interests,” the Financial Times quoted him as saying.

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Ukraine increased imports of goods by 18.5% in first 11 months of 2025

Ukraine increased imports of goods in January-November 2025 by 18.5% in monetary terms to $75.4 billion, while exports decreased by 4.02% to $36.8 billion from $38.3 billion, according to the State Customs Service of Ukraine (SCS).

“At the same time, taxable imports amounted to $57.6 billion, which is 76% of the total volume of imported goods. The tax burden per 1 kg of taxable imports in January-November 2025 was $0.52/kg,” the SSU notes.

The countries from which the most goods were imported to Ukraine included China ($17 billion), Poland ($7.1 billion), and Germany ($5.9 billion).

The largest exports from Ukraine were to Poland ($4.6 billion), Turkey ($2.5 billion), and Germany ($2.2 billion).

Of the total volume of goods imported in January-November 2025, 67% fell into the following categories: machinery, equipment, and transport – $30.2 billion (during customs clearance of these goods, UAH 185.8 billion, or 29% of customs payments, was paid to the budget); chemical industry products – $11.4 billion (UAH 89 billion, or 14% of customs payments, was paid to the budget), fuel and energy products – $9.4 billion (UAH 188.4 billion, or 29% of customs payments, was paid).

The top three most exported goods from Ukraine were food products – $20.4 billion, metals and metal products – $4.3 billion, machinery, equipment, and transport – $3.4 billion.

“In the first 11 months of 2025, during customs clearance of exports of goods subject to export duties, UAH 1.2 billion was paid to the budget,” the SSU added.

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Imports of passenger cars from China increased 2.6 times in October — 3.1 thousand cars

In October this year, Ukrainians purchased 3,114 thousand passenger cars imported from China, which is 2.6 times more than in the same month last year, according to UkrAvtoprom on its Telegram channel.

It is noted that most of the passenger cars purchased from China were new — 2,512 units, which is 2.6 times more than last year. Demand for used cars also increased more than 2.6 times — 602 units were imported.

The vast majority of passenger cars from China were electric vehicles – 92%.

The most popular models of new passenger cars of Chinese origin were Volkswagen ID.UNYX – 441 units; BYD Song Plus – 391 units; BYD Leopard 3 – 261 units; Zeekr 7X – 169 units; BYD Sea Lion 07 – 150 units.

The most frequently purchased used cars were Zeekr 001 – 57 units; BYD Sea Lion 07 – 45 units; Volkswagen ID.UNYX – 36 units; Zeekr 7X – 33 units; and Audi Q4 – 30 units.

As reported, in January-October of this year, China was among the top three countries from which Ukraine imported passenger cars after Germany and the United States, with a share of 13.8% of total imports or $663 million, while in the same period of 2024, it was not among the top three.

In 2024, Ukrainians purchased about 14,400 cars imported from China, which is 18% more than in 2023. Demand for new cars grew by 37% to 11,000 units, while demand for used cars fell by 20% to 3,300 units.

In addition, according to UkrAvtoprom, in October 2025, Ukrainians purchased more than 5,800 used cars imported from the United States, which is 2.2 times more than in the same period of 2024.

The largest share of this number (49%) was electric cars, while gasoline cars accounted for 36%, hybrids – 8%, diesel cars – 4%, and cars with LPG systems – 3%.

The average age of the used American cars that joined the Ukrainian car fleet in October was 5.2 years.

The five most popular used cars manufactured in the US were Tesla Model Y – 900 units; Tesla Model 3 – 841 units; Ford Escape – 408 units; Nissan Rogue – 273 units; Tesla Model S – 270 units.

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Tin imports increased by third, exports decreased

In the first ten months of 2025, Ukraine increased imports of tin and tin products by 31.5% to $3.48 million, while exports decreased to $0.15 million.

In October, imports amounted to $0.41 million, and exports to $0.02 million.

In 2024, tin imports increased by 16.9% to $3.19 million, while exports amounted to $0.39 million compared to $0.16 million in 2023.

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 of tin and its alloys. The most important tin alloy is bronze (with copper).

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