Business news from Ukraine

Business news from Ukraine

Imports of zinc and zinc products fell by 26.3% in January

In January 2026, Ukraine reduced imports of zinc and zinc products by 26.3% to $1.986 million (in December — $4.392 million).

Zinc exports last month reached $81,000 (in December — $68,000), while in January 2025 they were $137,000.

In 2025, imports of zinc and zinc products decreased by 9.6% to $52.982 million.

Zinc exports last year reached $1.234 million, while in 2024 they amounted to $563,000.

In 2024, Ukraine increased imports of zinc and zinc products by 27.5% to $58.610 million.

Zinc exports in 2024 amounted to $563,000, while in 2023 they amounted to $130,000.

In 2023, the country increased imports of zinc and zinc products to $45.966 million (+18.8%).

Zinc exports in 2023 amounted to $130 thousand, compared to $1.331 million in 2022.

Pure zinc metal is used to recover precious metals, protect steel from corrosion, and for other purposes.

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China, US, and Germany main suppliers of tractors to Ukraine

The volume of tractor imports to Ukraine in January 2026 amounted to $33.3 million, which is 24.2% less than in the same month of 2025 ($43.9 million), according to statistics from the State Customs Service.

According to the published statistics, tractor imports decreased by 2.5 times compared to December last year.

Last month, tractors were imported mainly from China (31.2% of total imports of this equipment, or $10.4 million), the United States (13.3%, or $4.4 million), and Germany (11.8%, or $3.9 million), while last year China was also the leader ($9.34 million), Germany was second ($5.5 million), and the United States was third ($3.7 million).

According to statistics from the State Customs Service, last month $0.4 million worth of tractors were exported, mainly to Belgium (31.8%), while last year exports amounted to $0.56 million, with most supplies going to Zambia (41.4%).

As reported, the volume of tractor imports to Ukraine in 2025 reached $845.7 million, exceeding the 2024 figure by 7.9%. The main suppliers were the United States ($179.7 million), Germany ($145 million), and China ($142.8 million). Exports amounted to $6.6 million, compared to $5.4 million in 2024, and were mainly to Romania, Belgium, and Germany.

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Truck imports to Ukraine fell by 45% in January to $41 mln

Imports of trucks to Ukraine in January 2026 decreased by 45% in monetary terms compared to the same month in 2025, to $41.1 million, according to statistics from the State Customs Service.

According to the published data, compared to December last year, imports of these vehicles fell by 2.5 times.

Most trucks last month were imported from France – $6.1 million (38.3% less than last year), but their share in total imports of these vehicles increased to 14.9% from 13.3%. Thailand was the second largest exporter with $4.7 million (11.4% share), followed by Lithuania with $4.6 million (11.26%).

In January last year, the top three truck suppliers were the United States, Germany, and France.

Imports of trucks from all other countries decreased by 10.3% to $25.7 million.

At the same time, according to statistics, Ukraine exported only $0.22 million worth of trucks in January, mainly to Turkey, and a year ago there were also insignificant export deliveries (worth $0.76 million), mainly to Romania.

As reported, in 2025, imports of trucks to Ukraine increased by 5.5% compared to 2024, to $999.5 million. with the largest imports coming from France ($169.2 million, up 42.8% from the previous year), Poland ($162.7 million, down 14.7%), and the United States ($109 million, up 2%).

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Ukraine reduced imports of copper and copper products by 20% in January

In January this year, Ukrainian companies reduced imports of copper and copper products by 20.1% in monetary terms compared to the same period last year, to $11.033 million.

According to customs statistics released by the State Customs Service of Ukraine on Tuesday, exports of copper and copper products during the specified period decreased by 28.7% to $4.953 million.

In December, copper imports amounted to $13.311 million, while exports amounted to $10.318 million.

As reported, in 2025, Ukrainian enterprises increased imports of copper and copper products in monetary terms by 23.2% compared to the previous year, to $173.453 million, while exports of copper and copper products grew by 17.7%, to $103.848 million.

In 2024, Ukraine maintained imports of copper and copper products in monetary terms at the previous year’s level — up to $140.797 million, while exports increased by 22.4% — up to $88.237 million.

In 2023, Ukraine increased its imports of copper and copper products by 2.2 times compared to 2022, to $140.795 million, while exports decreased by 20.1%, to $72.078 million.

Copper is widely used in electrical engineering, pipe manufacturing, alloy production, medicine, and other industries.

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Ukraine sharply increased bauxite imports in January — up to 97 tons

In January of this year, Ukraine increased imports of aluminum ore and concentrate (bauxite) in physical terms compared to the previous year — up to 97 tons from 31 tons.

According to statistics released by the State Customs Service (SCS) on Tuesday, bauxite imports in December amounted to 5,556 thousand tons.

In January 2026, bauxite imports in monetary terms increased to $83 thousand from $27 thousand.

Imports were made from China (100% of supplies in monetary terms).

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

As reported, in 2025, Ukraine increased imports of aluminum ore and concentrate in physical terms by 23.7% compared to the previous year, to 43.5 thousand tons, and in monetary terms by 15.8%, to $4.754 million. It was mainly carried out from Turkey (81.84% of supplies in monetary terms), China (15.97%), and Guyana (2.19%).

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

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

In 2023, Ukraine imported 19,830 thousand tons of bauxite worth $2.360 million.

In 2022, Ukraine reduced imports of aluminum ores and concentrates (bauxite) in physical terms by 81.5% compared to the previous year, to 945,396 thousand tons. Bauxite imports in monetary terms decreased by 79.6% to $48.166 million. Imports were mainly from Guinea (58.90% of supplies in monetary terms), Brazil (27.19%), and Ghana (7.48%).

Bauxite is an aluminum ore used as a raw material for producing alumina, which is then used to produce aluminum. It is also used as a flux in ferrous metallurgy.

Bauxite is imported into Ukraine by, among others, the Mykolaiv Alumina Plant (MAP), which is currently idle.

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Imports to Ukraine rose by 22% to $6.7 bln in January, while exports remained at $3.2 bln

Imports of goods to Ukraine in January 2026 amounted to $6.7 billion in monetary terms, while in January 2025 this figure was 22% lower at $5.5 billion, in January 2024 – $5.1 billion, and in January 2023 – $4.8 billion, according to data from the State Customs Service of Ukraine (SCS).

According to data published on Tuesday on the SSU’s Telegram channel, in monetary terms, exports of goods remained at the 2025 level and amounted to $3.2 billion, while in 2024 this figure reached $3.4 billion, and in 2023 – $3.1 billion.

“At the same time, taxable imports amounted to $4.4 billion, which is 66% of the total volume of imported goods. The tax burden per 1 kg of taxable imports in January 2026 was $0.5/kg,” the report said.

The SSU noted that China imported the most goods to Ukraine, worth $1.9 billion, followed by Turkey, worth $703 million, and Poland, worth $623 million.

In turn, the most goods were exported to Poland, worth $358 million, Turkey, worth $276 million, and Italy, worth $232 million.

Of the total volume of goods imported into Ukraine in January 2026, 69% of the categories were machinery, equipment, and transport – $2.7 billion (14.8 billion hryvnia, or 24% of customs revenue, was paid to the budget during customs clearance), fuel and energy products accounted for $1.1 billion (UAH 26.6 billion, or 43% of revenues), and chemical industry products accounted for $869 million (UAH 7.1 billion was paid, which is 11% of customs payments).

The top three most exported goods from Ukraine were food products ($2 billion), metals and metal products ($286 million), and machinery, equipment, and transport ($253 million).

The State Customs Service added that in January 2026, UAH 187.1 million was paid to the budget from customs clearance of exports of goods subject to export duties.

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