Business news from Ukraine

Business news from Ukraine

Imports of electrical transformers from China increased 2.5 times

The volume of imports of transformers, inductors, and chokes to Ukraine in January-October 2025 increased by 95.3% compared to the same period in 2024, reaching $875.8 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, $738.3 million worth of these products were imported from China (84.3% of all imports of these goods), while a year ago, $299 million worth of transformers and chokes were imported from this country (66.7%).

In addition, transformers were imported from Germany ($42.6 million) and Turkey ($18.6 million), while in January-October 2024, imports from Turkey amounted to $49.4 million, and from Germany – $12 million.

In particular, in October 2025, supplies of this equipment to Ukraine increased by 31.8% compared to October 2024, to $98.7 million, which is only 3% compared to September of this year.

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 2.6 times higher than in January-June 2024, and 2.1 times higher in the first nine months.

According to the State Customs Service, Ukraine exported transformers, inductors, and chokes worth $28.6 million in the first 10 months of this year, compared to $28.5 million in the same period last year, mainly to Germany, Hungary, and Slovakia.

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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Germany, US, and China became top suppliers of cars in 2025

The volume of passenger car imports to Ukraine, including cargo-passenger vans and racing cars (UKT ZED code 8703), in January-October 2025 amounted to almost $4.82 billion, which is 32.6% more than in the same period of 2024 ($3.63 billion) and 10% more than in the whole of 2024.

According to statistics released by the State Customs Service of Ukraine, the growth rate of passenger car imports has thus accelerated, reaching 27.4% in the first nine months of the year compared to the same period in 2024.

In October this year, passenger cars worth $647.8 million were imported into Ukraine, which is 81% more than in October last year.

The top three suppliers of cars to Ukraine in January-October this year were Germany, the US, and China, while last year they were the US, Germany, and Japan. In particular, car deliveries from Germany increased by 52% to $841.3 million, and their share in the structure of car imports was 17.45% compared to 15.23% a year earlier.

Cars worth $839.7 million (25.4% more) were imported from the US to Ukraine, and $663 million (13.8% of passenger car imports) from China. Last year, imports from Japan, which was among the top three leaders, amounted to almost $430 million (11.8%).

Imports of passenger cars from other countries during the period amounted to $2.476 billion, compared to $1.981 billion in January-October 2024.

At the same time, in the first 10 months of this year, Ukraine exported only $7.17 million worth of such vehicles, in particular to the UAE, Canada, and the US, while a year ago, during the same period, the country supplied $9.33 million worth of such vehicles to foreign markets, mainly to Canada, Germany, and the US.

According to the State Customs Service, in the overall structure of imports of goods to Ukraine in January-October 2025, the share of passenger cars was 7.1% (6.3% last year), and in the structure of exports – 0.02% (0.03%).

As reported, in 2024, passenger cars worth $4.385 billion were imported into Ukraine, which is 8% more than a year earlier, and $10.1 million worth were exported (2.7 times less).

 

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Aluminum imports increased by 15%, exports by 21%

In January-October 2025, Ukraine increased imports of aluminum and aluminum products by 14.8% to $432.08 million, while exports grew by 21.4% to $128.14 million.

In October, aluminum imports amounted to $42.85 million, and exports amounted to $15.71 million.

For comparison, in 2024, aluminum imports increased by 21.7% to $446 million, and in 2023, by 7.7% to $366 million.

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 production of kitchenware, 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 industry.

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Ukraine increased battery imports by 53% in ten months

Imports of electric batteries and separators to Ukraine in January-October 2025 increased by 53.4% year-on-year to $1.060 billion, according to the State Customs Service.

The largest suppliers were China with $740.6 million (70.2%), Vietnam with $96.2 million (9%), and Taiwan with $53.8 million (5%). In 2024, China (82%), Bulgaria (3.1%), and the Czech Republic (3%) were the leaders.

In October 2025, battery imports amounted to $144.9 million, which is 13.2% higher than in October 2024. Exports for ten months amounted to $43.9 million, with the main destinations being Poland (33%), Germany (12.9%), and France (11.9%). In 2024, exports amounted to $34.1 million, of which almost 30% went to Poland, 14.7% to France, and 11% to Germany.

Context. Since the end of July 2024, battery imports have been exempt from customs duties and VAT. By the end of 2024, imports of these products had more than doubled to $950.6 million.

Source: https://expertsclub.eu/ukrayina-zbilshyla-import-akumulyatoriv-na-53-za-desyat-misyacziv/

 

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Ukraine reduced nickel imports by almost 5%

In the first ten months of 2025, imports of nickel and nickel products fell by 4.8% to $21.05 million, while in October, nickel imports amounted to $3.81 million, according to data from the State Customs Service.

At the same time, exports almost doubled to $1.13 million, compared to $0.57 million in 2024.

In 2024, nickel imports, on the contrary, rose sharply by 73.7% to $26.73 million after falling by 74% in 2023.

Nickel is used in the production of stainless steel and for nickel plating. Nickel is also used in the production of batteries, in powder metallurgy, and in chemical reagents.

 

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Copper imports to Ukraine increased by 27%, exports by 15%

In January-October 2025, Ukraine increased imports of copper and copper products by 27.4% compared to the same period last year, to $148.05 million.

Copper exports during this period increased by 15.1%, reaching $84.02 million, according to the State Customs Service.

In October, imports amounted to $14.46 million, while exports amounted to $12.91 million.

For comparison: in 2024, copper imports remained almost unchanged at $140.8 million, while exports increased by 22.4% to $88.24 million.

Copper is widely used in electrical engineering, in the production of pipes, in the creation of alloys, in medicine, and in other industries.

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