Business news from Ukraine

Business news from Ukraine

Imports of electric generators to Ukraine fell by 30.4%

Imports of electric generator sets and rotating electrical converters into Ukraine in January–April 2026 fell by 30.4% compared to the same period in 2025—to $359.1 million, according to statistics from the State Customs Service.

According to the data, imports of this equipment in April fell by 27.4% compared to April 2025 and by 23.3% compared to March 2026, reaching $60.3 million.

Most frequently in January–April, electric generators and converters were imported from the Czech Republic (19.6% of total exports of these products, or $70.3 million), China (18.7%, $67.2 million), and Romania (8%, $64.8 million), whereas last year they were the Czech Republic ($93.7 million), Austria ($80.3 million), and the United States ($77.3 million).

Exports of electric generators from Ukraine during this period were insignificant—$0.8 million, mainly to Turkey.

At the same time, according to data from the State Customs Service, imports of electric batteries and separators to Ukraine increased nearly fourfold over the first four months of this year—to $1.137 billion, with the majority coming from China ($1 billion, or 89.3%), as well as from the Czech Republic ($26.6 million) and Poland ($13.3 million).

Last year during this period, the largest suppliers were China with a 78.4% share ($226 million), Taiwan with 5.3% ($12.3 million), and Bulgaria with 4.1% ($12 million).

In April, imports of this equipment increased 4.3-fold compared to April 2025 and by 7.6% compared to March 2026, reaching $303.5 million.

Over the first four months, Ukraine exported $14.8 million worth of batteries, mainly to Poland ($4.2 million), France ($2.4 million), and Germany ($2.2 million), whereas last year exports totaled $17.1 million, of which 27.9% went to Poland, 15.9% to France, and 11.3% to Germany.

As reported, at the end of July 2024, Ukraine exempted imports of electric generator equipment and batteries into Ukraine from customs duties and VAT.

According to the State Customs Service, in 2025 Ukraine increased imports of electric generators and converters by 2.3 times compared to 2024—to $1.69 billion—and batteries by 55% to $1.48 billion. At the same time, in January 2025, imports of electric generators increased eightfold compared to January 2024, and imports of batteries tripled.

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Ukraine increased electricity imports by 50% over week

Between May 11 and 17, Ukraine increased electricity imports by 50% compared to the previous week—to 81,700 MWh—while exports fell by 23%—to 17,700 MWh, the DIXI Group analytical center reported on Tuesday, citing data from Energy Map.

“Throughout the week, Russia continued its attacks on Ukraine’s energy infrastructure. In particular, on May 13–14, another massive attack on energy facilities took place, leading to power outages in a number of regions,” the center noted.
Against this backdrop, daily import volumes rose significantly: on May 13 to 15,200 MWh (+78% compared to May 12) and on May 14 to 16,000 MWh (+87% compared to May 12).

At the same time, sunny weather at the beginning and end of the workweek facilitated active operation of residential solar power plants and reduced the load on the power grid. In the middle of the week, consumption increased due to deteriorating weather conditions. Despite this, domestic generation and imports fully covered consumer demand without the need for restrictions.

According to Energy Map, Hungary accounted for the largest share of imports last week—46.5 thousand MWh, or 57%. Poland accounted for 18.4 thousand MWh, or 23%, Romania – 16.7 thousand MWh, or 20%, and Moldova – 0.1 thousand MWh (<0.1%).
Electricity imports increased across all sources by 14–80%. Additionally, on May 13–14, after a week-long hiatus, imports from Moldova resumed in small volumes—0.06 thousand MWh between 10:00 PM and 11:00 PM. There were no imports from Slovakia during the week.

As reported, between May 4 and 10, Ukraine reduced electricity imports by 63%—to 54.6 thousand MWh, and in April—by 41%,—to 558.3 thousand MWh.

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Imports of transformers into Ukraine nearly doubled over first four months

Imports of transformers, inductors, and chokes into Ukraine in January–April 2026 increased by 96% compared to the same period in 2025—reaching $661.9 million, according to statistics from the State Customs Service.

According to the published data, imports of these products in April, in particular, rose 2.7-fold compared to April of last year, but fell by 34% compared to March of this year—to $150.5 million.

China remains the largest supplier of these products to Ukraine. Over four months, $611 million worth was imported (92.3% of total imports of these goods), while a year earlier, $279 million worth of transformers and chokes was imported from this country (82.4%).

In addition, transformers were imported from Turkey ($7.2 million) and Japan ($6.5 million), while last year imports from Germany amounted to $17.4 million and from Turkey to $13.9 million.

Furthermore, the State Customs Service reported that in January–April, Ukraine exported transformers, inductors, and chokes worth $13.3 million (compared to $8.4 million last year), primarily supplying them to Germany, Poland, and Hungary.

Imports of electric generating sets and rotating electrical converters into Ukraine in January–April 2026 decreased by 30.4% compared to the same period in 2025, down to $359.1 million, according to statistics from the State Customs Service.

According to the data, in April alone, imports of this equipment fell by 27.4% compared to April 2025 and by 23.3% compared to March 2026, to $60.3 million.

As reported with reference to the State Customs Service, in 2025, imports of transformers, inductors, and chokes into Ukraine rose by 88% compared to 2024—to $1.12 billion. At the same time, imports from China were 2.3 times higher—amounting to $957.3 million.

Since the beginning of last year, the volume of transformer imports has significantly exceeded the levels of the year before last. In particular, imports increased sixfold in January, but the growth rate gradually slowed, and in January 2026, it fell by nearly 23% compared to January 2025—to $98.6 million.

At the end of July 2024, Ukraine exempted imports of electric generator equipment and batteries into the country from customs duties and VAT.

According to the State Customs Service, in 2025 Ukraine increased imports of electric generators and converters by 2.3 times compared to 2024—to $1.69 billion—and batteries by 55% to $1.48 billion. At the same time, in January 2025, imports of electric generators increased eightfold compared to January 2024, and imports of batteries tripled.

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Coke imports to Ukraine fell by 2.1% over four months

In January–April of this year, Ukraine reduced its imports of coke and semi-coke by 2.1% in volume terms compared to the same period last year, down to 251,317 thousand tons.

According to statistics released by the State Customs Service (SCS), 59,900 tons of coke were imported in April, 68,313 tons in March, and 54,408 tons in February.
Coke imports in monetary terms in January–April 2026 increased by 5.7% to $87.651 million. Coke was imported from Poland—accounting for 97.95% of shipments in monetary terms—the Czech Republic (1.63%), and Colombia (0.37%).

The country did not export any coke during the first four months of the year.

As reported, in 2025, Ukraine increased its imports of coke and semi-coke by 5.9% in volume terms compared to the previous year—to 700,650 thousand tons—and increased revenue by 1.4%—to $238.656 million. Coke was imported mainly from Poland (93.37% of shipments in monetary terms), Indonesia (4.01%), and the Czech Republic (2.59%).

In 2025, Ukraine exported 3 tons of coke worth $2,000 to Albania.
Additionally, it was reported that in January 2025, Metinvest suspended operations at the Pokrovsk Coal Group due to changes in the situation on the front lines, electricity shortages, and a deteriorating security situation.

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Ukraine increased imports of insulated wires and cables by 23.8% over four months

Imports of insulated wires and cables, including fiber-optic cables, to Ukraine in January–April 2026 increased by 23.8% compared to the same period in 2025, reaching $220.8 million.

According to statistics from the State Customs Service, the largest suppliers of these products to Ukraine were China—$59 million, or 26.7% of total imports—Hungary—$57.7 million, or 27%—and Poland—$29.2 million, or 13.2%.

For comparison, in January–April 2025, imports from Hungary amounted to $51.7 million, from China—$36 million, and from Poland—$26 million.

As reported, according to the State Customs Service, in 2025 Ukraine increased imports of insulated wires and cables by 24.3% compared to 2024—to $590.7 million.

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Ukraine cut bauxite imports by nearly half over four months

In January–April of this year, Ukraine reduced imports of aluminum ores and concentrates (bauxite) by 48.5% in volume terms compared to the same period last year—to 6,946 thousand tons from 13,494 thousand tons.

According to statistics released by the State Customs Service (SCS), bauxite imports in monetary terms decreased to $1.186 million from $1.476 million in January–April 2026.

Imports came from China (59.36% of shipments in monetary terms) and Turkey (40.64%).

Ukraine did not re-export bauxite in 2026, just as it did not in 2025.

As reported, in 2025, Ukraine increased imports of aluminum ores and concentrates by 23.7% in physical terms compared to the previous year—to 43.5 thousand tons—and by 15.8% in monetary terms—to $4.754 million. These imports came mainly from Turkey (81.84% of shipments in monetary terms), China (15.97%), and Guyana (2.19%).

Ukraine did not re-export bauxite in 2025, just as it did not in 2024 and 2023.

In 2024, Ukraine increased its imports of bauxite by 77.4% in volume terms compared to 2023—to 35,173 thousand tons—and by 74% in monetary terms—to $4.107 million. Imports came mainly from Turkey (78.48% of shipments in monetary terms), China (19.48%), and Spain (1.9%).

Bauxite is an aluminum ore used as a raw material for producing alumina, and from that, aluminum. It is also used as a flux in ferrous metallurgy.

In Ukraine, bauxite is imported, in particular, by the Mykolaiv Alumina Plant (MAP), which is currently idle.

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