Business news from Ukraine

Business news from Ukraine

Ukrposhta increased international shipments by 41%

25 December , 2024  

In 2024, Ukrposhta JSC increased the number of international shipments by 41% compared to 2023 – up to 36 million export and import shipments (excluding simple letters and letters without tracking numbers, which are sent by simple procedure without tracking – IF-U), said Yulia Pavlenko, Director of the International Operations Department of Ukrposhta JSC, in an exclusive interview with Interfax-Ukraine.

“In 2024, we will reach a figure of about 36 million export and import shipments (excluding simple letters and letters without tracking numbers, which are sent in a simple way without tracking – IF-U). This performance indicator was recorded as of December 17, 2024. In 2023, it amounted to 25.5 million tracked items,” Pavlenko said.

According to her, imports prevail: since the beginning of 2024, 32 million parcels have been delivered to Ukraine. These are mainly goods from foreign marketplaces, in particular, from China, which Ukrainians can buy cheaper than in Ukraine.

“There are fewer exports, but, of course, they are more valuable for us, as we are selling goods made by Ukrainian producers on the foreign market. These are mostly handmade goods,” Pavlenko said.

According to her, Ukrposhta continues to develop educational programs for small and medium-sized businesses that want to sell products on foreign marketplaces. In particular, the UA Etsy Global Start program, implemented in partnership with USAID, is nearing completion, under which the foundation provides a $500,000 grant for the best start-up entrepreneurs on Etsy. The program received 1.8 thousand applications from Ukrainian entrepreneurs who opened an Etsy store after October 2023. 500 winners were selected and given the opportunity to take a training course and receive $1100 in start-up assistance for their first promotions.

At the same time, a program for SMEs was implemented with the United Nations Development Program Fund with financial support from the Government of Japan. As part of it, training for small exporters at the Sustainable Business Academy was free of charge for entrepreneurs.

The Director of the International Operations Department at Ukrposhta said that Ukraine is now the ninth largest country in terms of sales on the largest handmade platform in the United States alone. Already 38 thousand Ukrainians have opened their own stores on Etsy.