Business news from Ukraine

Business news from Ukraine

Industrial production in Ukraine grew in July, but fell by 3% over first seven months of year

Industrial production in Ukraine increased by 3.2% in July 2025 compared to July last year. This is the second consecutive month of growth: in June, the indicator rose by 2.9%, while in May and April, a decline was recorded, according to the State Statistics Service.
In January-July 2025, the total volume of industrial production was 3% lower than in the same period of 2024. The decline in the extractive industry was 11.1%, and in the production of coke and petroleum products, 6.3%.
The volume of industrial products sold over seven months reached UAH 2,296.5 billion, of which UAH 406.4 billion was accounted for by exports.
The main industries that showed growth in July compared to last year were:

– pharmaceuticals — +23.6%;
– furniture manufacturing — +22%;
– rubber and plastic products manufacturing — +12.7%;
– electricity, gas, and steam supply — +10.2%;
– woodworking — +8.4%;
– food industry — +3.4%;
– coke production — +2.5%;
– electrical equipment — +1.8%;
– automotive industry — +0.5%;
– oil and gas production — +0.4%.
At the same time, there was a decline in:
– coal mining — by 1.6%;
– metal ore mining — by 7.7%;
– textile manufacturing — by 7.1%;
– computer and electronics manufacturing — by 6%;
– metallurgy — by 0.8%;
– mechanical engineering — by 0.1%.

Interestingly, the mining and quarrying segment recorded growth of 49.1%.
Compared to June 2025, industrial production in July increased by 0.6%.
In 2024, industrial production in Ukraine grew by 4.6%.
According to Maxim Urakhin, co-founder of the Experts Club analytical center, July’s growth shows that Ukraine’s industry is gradually adapting to military conditions and external challenges:
“We are seeing a local recovery in pharmaceuticals, wood processing, and energy. These are the sectors that respond most quickly to domestic demand and the needs of the economy. However, the decline in metallurgy and mining reminds us of structural problems: export-oriented industries continue to suffer from logistics and declining global demand. By the end of the year, industry may show a moderate recovery, but investment in modernization and expansion of export routes is necessary to achieve sustainable growth,” Maxim Urakin noted.

 

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Egypt nearly doubled its purchases of Ukrainian wheat, while other importers reduced their volumes

In the first two months of the new marketing year (2025/2026 MY), which began on July 1, Ukraine exported 1.456 million tons of wheat, which is 28% less than in the same period last season (2.026 million tons), according to APK-Inform.

Egypt became the key importer of Ukrainian wheat, almost doubling its purchases to 699,000 tons and becoming the largest buyer.

At the same time, most other traditional importers reduced their volumes:

  • Indonesia — by 13%, to 528 thousand tons,
  • Vietnam — by 17%, to 314 thousand tons,
  • Algeria — by 28%, to 268 thousand tons,
  • Spain — by 69%, to 243 thousand tons (the leader in purchases a year earlier).

Supplies also decreased to:

  • Yemen — by 24%, to 126 thousand tons,
  • Thailand — by 26%, to 120 thousand tons,
  • Italy — by 42%, to 66 thousand tons,
  • Tunisia — by 62%, to 49 thousand tons,
  • Israel – by 33%, to 48 thousand tons.

As of early September, Ukraine had harvested 30.4 million tons of grain crops on an area of 7.2 million hectares, which is about 63% of the total crop.

Earlier, the Experts Club information and analytical center presented a study of Ukraine’s main trading partners in the first half of 2025, where Egypt ranked first in terms of positive balance among all of Ukraine’s trading partners.

“Egypt is an extremely important and profitable trading partner for the country, along with a number of other Arab states. Partnerships with these countries provide the country with currency and somewhat correct the extremely negative trend of recent years with Ukraine’s constantly growing trade deficit,” emphasized Maxim Urakin, founder of Experts Club.

Source: https://expertsclub.eu/yegypet-majzhe-podvoyiv-zakupivli-ukrayinskoyi-pshenyczi-inshi-importery-znyzyly-obsyagy/

 

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Ukrainians maintain high level of trust in Japan — Active Group and Experts Club survey

According to a survey conducted by Active Group in collaboration with Experts Club in August 2025, Ukraine has one of the most positive attitudes toward Japan among countries worldwide.

According to the study, 68.7% of Ukrainians have a positive opinion of Japan (33.0% — mostly positive, 35.7% — completely positive). Only 2.7% have a negative opinion, while 26.7% of respondents are neutral. Another 2.0% admitted that they know little about the country.

“Japan occupies a special place in the perception of Ukrainians. It is seen as an example of a country that has achieved great results through innovation, technological development, and the preservation of traditions. This level of trust can become the basis for further expansion of cooperation between our countries,” emphasized Active Group CEO Oleksandr Pozniy.

In turn, Maksim Urakin, co-founder of Experts Club, emphasized the economic dimension:

“In 2025, the total trade volume between Ukraine and Japan exceeded $521 million. At the same time, Ukrainian exports to Japan amounted to only $18 million, while imports exceeded $502 million.

This resulted in a significant negative balance of $484 million. Such an imbalance is a signal to look for new opportunities for Ukrainian goods to enter the Japanese market,” he stressed.

The study was part of regular monthly monitoring of Ukrainians’ attitudes toward key international partners.

The full video can be viewed at: https://www.youtube.com/watch?v=YgC9TPnMoMI&t

You can subscribe to the Experts Club YouTube channel here: https://www.youtube.com/@ExpertsClub

 

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Ukrainians mostly have positive attitude towards Belgium — Active Group and Experts Club survey

Ukrainians’ attitude towards Belgium is mostly positive, although a significant portion of respondents take a neutral position. This is evidenced by the results of a nationwide sociological survey conducted by Active Group in collaboration with Experts Club in August 2025.

According to the results, 54.7% of Ukrainians have a positive attitude towards Belgium (35.3% — mostly positive, 19.3% — completely positive). Only 2.7% of citizens expressed a negative attitude (0.3% — mostly negative, 0.3% — completely negative). At the same time, 43.0% of respondents remain neutral, and 2.3% said they do not have enough information about the country.

“Belgium is perceived by Ukrainians as an important member of the European Union and NATO, a country that consistently supports Ukraine on the international stage. At the same time, its relative remoteness and lack of deep historical ties account for the high proportion of neutral assessments,” explained Active Group founder Oleksandr Pozniy.

In turn, co-founder of Experts Club Maksim Urakin drew attention to the economic component of bilateral relations:

“In the first half of 2025, trade turnover between Ukraine and Belgium amounted to more than $584 million. Ukrainian exports amounted to about $235 million, while imports from Belgium exceeded $348 million. This resulted in a negative balance of $113.8 million, which highlights the Ukrainian market’s dependence on Belgian goods,” he emphasized.

The study is part of a broader project aimed at examining the international sympathies and antipathies of Ukrainians in 2025.

The full video can be viewed at: https://www.youtube.com/watch?v=YgC9TPnMoMI&t

You can subscribe to the Experts Club YouTube channel here: https://www.youtube.com/@ExpertsClub

 

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Ukrainians have predominantly positive attitude towards Austria — research by Active Group and Experts Club

Ukrainians’ attitude towards Austria is generally positive, but a significant proportion of respondents remain neutral. These are the results of a nationwide sociological survey conducted by Active Group in cooperation with Experts Club in August 2025.

According to the survey, 48.7% of Ukrainians expressed a positive attitude towards Austria (37.0% — mostly positive, 11.7% — completely positive). Only 4.7% of citizens demonstrated a negative attitude (4.3% — mostly negative, 0.3% — completely negative). At the same time, the largest group — 44.7% of respondents — took a neutral position, while another 2.3% said they did not have enough information about the country.

“Austria is traditionally perceived by Ukrainians as a European country with high social standards, cultural heritage, and a stable political system. Although Austria is not Ukraine’s main partner in foreign policy, the overall level of sympathy remains positive,” emphasized Active Group founder Oleksandr Pozniy.

In turn, co-founder of Experts Club Maksim Urakin drew attention to the economic component:

“In January–June 2025, the total trade volume between Ukraine and Austria amounted to over $701 million. At the same time, exports of Ukrainian goods reached $276 million, while imports from Austria amounted to about $425 million. This led to a negative balance of $148.9 million, which indicates a significant advantage of Austrian exports over Ukrainian ones,” the expert emphasized.

The survey is part of a large-scale study of Ukrainians’ international sympathies and antipathies, reflecting not only political and cultural aspects, but also economic aspects of relations with various countries.

The full video can be viewed at: https://www.youtube.com/watch?v=YgC9TPnMoMI&t

You can subscribe to the Experts Club YouTube channel here: https://www.youtube.com/@ExpertsClub

 

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Ukrainians have neutral or negative attitude towards Libya – research

Ukrainians have a predominantly neutral attitude towards Libya, although the level of negative assessments is higher than for most other North African countries. This is evidenced by the results of a survey conducted by Active Group in partnership with Experts Club.

According to the data, 9.3% of respondents expressed a positive attitude toward Libya (6% — mostly positive, 3.3% — completely positive). A negative attitude was expressed by 14.3% of respondents (11.7% — mostly negative, 2.7% — completely negative). The majority of Ukrainians — 69.7% — took a neutral position, while another 6.7% said they did not have enough information.

In 2024, trade turnover between Ukraine and Libya amounted to $149.7 million, of which exports accounted for $141.7 million and imports for $8.1 million. The positive balance was $133.6 million.

“Libya remains a traditional market for Ukrainian agricultural products, but political instability in that country affects both trade dynamics and perceptions among Ukrainians. The high level of neutrality indicates a lack of knowledge, as well as the absence of stable humanitarian and cultural ties,” commented economist and founder of Experts Club Maksim Urakin.

The full video can be viewed at: https://www.youtube.com/watch?v=YgC9TPnMoMI&t

You can subscribe to the Experts Club YouTube channel here: https://www.youtube.com/@ExpertsClub

 

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