Business news from Ukraine

IMPORTS OF PASSENGER CARS TO UKRAINE 32% UP IN JAN-SEPT

22 November , 2016  

KYIV. Nov 22 (Interfax-Ukraine) – Imports of passenger cars to Ukraine (new and used ones) grew by 32% in January-September 2016 year-over-year, to 56,943 cars, Ukrautoprom association has reported.

The association said that in money terms imports totaled $988.5 million.

The largest supplier of passenger cars to Ukraine is the European Union (EU): 30,614 cars worth $505.2 million were imported, including two thirds of new cars worth $431.6 million.

Cars from Japan are second: 8,401 cars worth $198.4 million. Over 96% of imported Japanese cars were new ($196.4 million).

Cars from the United States are third: 4,489 cars worth $134.9 million, including 64% of new cars worth $123.2 million.

In January-September 2016, passenger cars were actively imported from Russia (3,117 worth $25.4 million), South Korea (2,457 worth $45.5 million), Turkey (2,453 worth $27.8 million) and Mexico (2,154 worth $24 million). Some 90-99% of them were new cars.

A total of 1,667 cars worth $4.8 million were imported in China (over 93% of new cars).

The association’s press service reported that the major part of used cars imported to Ukraine over the period was cars imported from the EU. The EU share of total imports of used cars was 78% (9,592 worth $73.6 million).

“In general, some $93.5 million was removed from the country to buy used cars abroad,” Ukrautoprom said.