Business news from Ukraine

Business news from Ukraine

In 2024, almost UAH 600 billion of customs payments were transferred to the state budget of Ukraine

13 January , 2025  

In 2024, the customs authorities transferred UAH 591.7 billion to the state budget in taxes paid by Ukrainian businesses and individuals both during and after customs clearance of goods. Compared to 2023, the state budget revenues increased by 28.7% or UAH 132 billion.

Customs duties on imports of goods account for more than 99% of the taxes paid. In total, last year, the customs authorities cleared 31.26 million tons of foreign goods imported into Ukraine, which is 1.9% or 0.59 million tons more than in 2023.

image

A significant increase in customs revenues in 2024, compared to 2023, was recorded for imports of

– petroleum products (gasoline, diesel fuel) – from UAH 90.3 billion in 2023 to UAH 142.3 billion in 2024 (+ UAH 52.0 billion)
– electricity – from UAH 1.5 billion in 2023 to UAH 7.2 billion (+ UAH 5.7 billion);
– passenger cars – from UAH 40.8 billion in 2023 to UAH 44.2 billion (+ UAH 3.4 billion);
– Coal and anthracite – from UAH 1.3 billion in 2023 to UAH 3.2 billion (+ UAH 1.9 billion);
– medicines – from UAH 4.2 billion in 2023 to UAH 5.8 billion (+ UAH 1.6 billion);
– Electric generating sets – from UAH 1.2 billion in 2023 to UAH 2.8 billion (+ UAH 1.6 billion);
– trucks – from UAH 6.4 billion in 2023 to UAH 7.9 billion (+ UAH 1.5 billion);
– petroleum gases – from UAH 10.9 billion in 2023 to UAH 12.3 billion (+ UAH 1.4 billion);
– telephone sets – from UAH 7.4 billion in 2023 to UAH 8.8 billion (+ UAH 1.4 billion);
– parts and devices of vehicles – from UAH 5.2 billion in 2023 to UAH 6.6 billion (+ UAH 1.4 billion).

For more information on the commodity structure of imports in 2024, the dynamics of the tax burden, the number of importers-taxpayers and the factors that influenced the state budget revenues, please see https://is.gd/5A33tk