Business news from Ukraine

Business news from Ukraine

Ukraine has sharply increased its purchases of electrical equipment, with imports from Germany growing fourfold

Imports of transformers, inductors, and chokes to Ukraine in January-September 2025 increased 2.1 times compared to the same period in 2024, reaching almost $777 million, according to statistics from the State Customs Service.

According to the published data, China remains the largest supplier of these products to Ukraine. During this period, $649.5 million worth of these products were imported from China (83.6% of all imports of these goods), while a year ago, $239.5 million worth of transformers and chokes were imported from this country (64.1%).

In addition, transformers were imported from Germany ($40.4 million) and Turkey ($17.9 million), while in January-September 2024, imports from Turkey amounted to $46.1 million, and from Germany – $9.9 million.

In particular, in September, supplies of this equipment to Ukraine increased by 42.6% compared to September 2024, to $95.9 million.

Since the beginning of this year, as reported, the volume of transformer imports has significantly exceeded last year’s figures—in particular, in January, their imports increased sixfold, but the growth rate gradually slowed down and, at the end of the first half of the year, was already 2.6 times higher than in January-June 2024.

According to the State Customs Service, Ukraine exported transformers, inductors, and chokes worth $23.8 million in the first nine months of this year, compared to $24.8 million in the same period last year, mainly to Germany, Hungary, and Poland.

As reported with reference to the State Customs Service, imports of transformers, inductors, and chokes to Ukraine in 2024 more than doubled compared to 2023, reaching $596.11 million, with imports from China increasing 2.5 times to $400.48 million.

 

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Poland, Greece, and Lithuania main suppliers of fuel to Ukraine

In January-September 2025, Ukraine increased its imports of petroleum products by 3% (166,823 thousand tons) compared to the same period last year, to 5 million 665,761 thousand tons.

According to the State Customs Service, petroleum products were imported in the amount of $4 billion 566.46 million, which is 11.1% less than in the first nine months of 2024 ($5 billion 133.869 million).

Fuel worth $695.185 million was imported from Poland (15.22% share), Greece – $595.812 million (13.05%), Lithuania – $569.152 million (12.46%), other countries – $2 billion 706.311 million (59.26%).

As reported, Ukraine imported 7 million 562.556 thousand tons of petroleum products in 2024, which is 1.1% less than in 2023 (7 million 646.537 thousand tons).

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Imports of metal products increased by 15.7% to $1.3 bln

In January-September of this year, Ukrainian metallurgical enterprises reduced their revenues from ferrous metal exports by 0.3% compared to the same period last year, to $2 billion 392.582 million.

According to statistics released by the State Customs Service (SCS) on Wednesday, ferrous metals accounted for 8.09% of total export revenues during this period, compared to 7.78% in January-September 2024.

In September, export revenues amounted to $308.547 million, compared to $267.907 million in the previous month.

At the same time, Ukraine increased imports of similar products by 15.7% in January-September 2025, to $1 billion 297.497 million. In September, products worth $180.271 million were imported.

In addition, in January-September 2025, Ukraine reduced exports of metal products by 4.1% to $692.308 million. In September, exports amounted to $71.107 million.

Imports of metal products during this period increased by 14.5% to $900.256 million. In September, $120.571 million worth of these products were imported.

As reported, in 2024, Ukrainian metal companies increased their revenues from ferrous metal exports by 16.9% compared to the previous year, to $3 billion 96.343 million. At the same time, Ukraine increased imports of similar products by 13.1% over the past year, to $1 billion 478.814 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 during this period, 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 2023, Ukraine reduced exports of metal products by 16.6% compared to 2022, to $877.92 million. At the same time, imports of metal products increased by 40.3%, to $902.57 million.

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Imports of batteries to Ukraine grew by 63% over nine months, reaching $909.7 million

Imports of electric batteries and separators to Ukraine in January–September 2025 increased by 62.6% compared to the same period last year, reaching $909.7 million, according to the State Customs Service (SCS).

The main supplies came from China ($616.7 million, or 67.8% of the total), Vietnam ($95.9 million, or 10.5%), and Taiwan ($16 million, or 1.7%).

For comparison, in 2024, the largest exporters were China (80.7%), Bulgaria (3.7%), and the Czech Republic (3.3%).

In September 2025, battery imports decreased by 1.7% compared to September 2024, to $114.6 million.

According to GTS data, in 2024, battery imports more than doubled to $950.6 million, reflecting steady demand for energy independence equipment. As with generators, in July 2024, Ukraine temporarily exempted imports of battery equipment from customs duties and VAT to ensure a stable energy supply amid the war and damage to power grids.

https://expertsclub.eu/import-akumulyatoriv-v-ukrayinu-za-devyat-misyacziv-zris-na-63-do-9097-mln/

 

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Ukraine increased imports of generators more than fourfold in January–September

Imports of electric generator sets and rotating electrical converters to Ukraine in January–September 2025 increased 4.2 times compared to the same period in 2024, reaching $1.209 billion, according to data from the State Customs Service (SCS).

According to the SCS, the largest suppliers of equipment were the Czech Republic (19.7% of the total volume, $238.1 million), Romania (18.5%, $223.3 million), and Poland (12.5%, $150.6 million).

For comparison, last year’s leaders were China ($69.8 million), Turkey ($61.4 million), and the Czech Republic ($31.9 million).

In September 2025, imports of generators increased almost threefold compared to September last year, reaching $191.6 million.

Exports of such equipment from Ukraine remain insignificant — $3.52 million in nine months, mainly to the Czech Republic, Latvia, and Bulgaria.

According to the State Customs Service, the sharp increase in imports is associated with the active modernization of energy infrastructure and the continuing demand for autonomous power sources.

The authorities had previously exempted generators and batteries from customs duties and VAT (Cabinet of Ministers resolution of July 2024).

https://expertsclub.eu/ukrayina-v-sichni-veresni-zbilshyla-import-generatoriv-bilsh-nizh-u-chotyry-razy/

 

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Coal imports to Ukraine doubled in first nine months of 2025

Ukraine increased its imports of hard coal and anthracite (UKTZED code 2701) by 2.2 times (by 1 million 760.155 thousand tons) compared to the same period last year, to 3 million 253.62 thousand tons.

According to the State Customs Service of Ukraine, coal imports amounted to $751.081 million in the first nine months of this year, which is 2.3 times ($426.588 million) more than in January-September 2024.

Coal imports from the US amounted to $308.091 million (41.02%), Australia – $233.507 million (31.09%), the Czech Republic – $72.3 million (9.63%), and other countries – $137.183 million (18.26%).

As reported, in 2024, Ukraine increased coal imports by 2.7 times (by 1 million 145,951 thousand tons) compared to 2023, to 1 million 812,592 thousand tons. In monetary terms, it imported $402.219 million worth of coal, which is 2.2 times more than the previous year ($185.378 million).

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