Business news from Ukraine

Business news from Ukraine

VEHICLES IMPORTS TO UKRAINE 74% UP IN U.S. DOLLARS IN 2016

20 February , 2017  

KYIV. Feb 20 (Interfax-Ukraine) – Imports of vehicles to Ukraine (new and used ones) grew by one third in 2016 compared to 2015, to 122,954 vehicles, while its value in U.S. dollars grew by 74%, to over $1.9 billion, the Ukrautoprom association has reported.

The association said that passenger cars’ share was a lion’s share of total vehicles imports – 87,776 cars for $1.442 billion, and over half of cars were imported from five countries: Germany (20%), Japan (13%), France (7%), the United States (7%) and Romania (6%).

Imports of passenger cars grew by 41% and average customs price – by $3,200, to $16,400.

The association said that despite liberalization of the conditions for importing used cars, their share of total imports fell from 39% in 2015 to 25% last year.

Around 91% of used cars out of 22,300 were imported from the EU at the average customs price of $7,800.

Imports of new passenger cars soared by 72%, to 65,500 for $1.266 billion.

Leader in supplies of new passenger cars was Japan (11,236). Germany is second with 6,883 cars and the United States is third with 65,699 cars. Romania is fourth with 5,422 cars and Slovakia is fifth with 4,572 cars.