Business news from Ukraine

Business news from Ukraine

Ukraine has halved taxable imports of land transport

Taxable imports of land transport means to Ukraine in January-August 2022 decreased by 53% compared to the same period in 2021, to $2.191 billion.
According to statistics released by the State Customs Service (STS), at the same time, passenger cars (UKTVED code 8703) were imported by $1.088 billion – 63% less than a year earlier, and in total (taking into account the period of preferential customs clearance – IF-U) into the country cars were imported for $2.091 billion, while exported for $22.89 million.
Passenger cars in January-August 2022 were imported mainly from Germany (29.8%), the USA (14%) and Japan (11.5%).
In turn, trucks with taxes paid were imported by 63% less – by $123.75 million, and in total they were imported by $224.49 million (including 27% – from Germany, 10% – from Poland, 9% – from France).
Buses were imported to Ukraine for $29 million in eight months, while their taxable imports decreased by 61% to $12.46 million. Buses were imported mainly from Germany (30.2%), Turkey (17.2%) and Belarus (12 %). The export of this equipment amounted to only $1.66 million, of which more than 94% came from Poland.
In addition, trailers and semi-trailers (and other non-self-propelled vehicles) worth $183.76 million were imported to Ukraine, mainly from Poland (29%), Germany (27%) and Turkey (10.7%). At the same time, this group of goods showed an increase in taxable imports by 5% compared to January-August 2021, to $144.05 million.
Taxable imports of tractors decreased by 16% – to $415.05 million, and in total they were imported by $451.55 million, including 19.4% from Germany, 13% – from the USA, 12.2% – from the Netherlands. The export of tractors amounted to $4.79 million, they were delivered mainly to Moldova, Nigeria and Turkey.
According to the State Customs Service, in January-August 2022, taxable imports of bicycles decreased significantly – by 79%, to $6 million, bodies for vehicles – by 61%, to $21.4 million, motorcycles (including mopeds) – by 59%, to $21.18 million

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