Business news from Ukraine

Business news from Ukraine

In 2025, Ukraine increased its exports of frozen berries to $176.4 mln

Ukraine is rapidly increasing its exports of frozen raspberries, blackberries, and other berries: their value rose from $53.4 million in 2023 to $114.6 million in 2024 and $176.4 million in 2025, according to a study of Ukraine’s berry and nut sector presented at the forum “Development of Exports in Ukraine’s Berry and Nut Sector” in Kyiv last week.

According to Olga Gvozdeva, advisor to the director of the State Agency “Office for Entrepreneurship and Export Development,” the main markets for these products are Poland, Germany, the Czech Republic, and France, reported a correspondent for the Interfax-Ukraine news agency.

According to the study, exports of fresh berries—blueberries, blackberries, and cranberries—declined to $22.4 million in 2025 after growing from $16.8 million in 2023 to $27.9 million in 2024. The main buyers remain the Netherlands, the United Kingdom, Germany, and Moldova.

According to the study, exports of shelled walnuts, after increasing from $68.1 million in 2023 to $82 million in 2024, fell to $61.9 million in 2025. The largest buyers of this product were France and the Netherlands.

Exports of walnuts in shell also declined—from $8.6 million in 2024 to $5.5 million in 2025, with Iraq remaining the main market, the document states.

“After a decline in 2022, we are now gradually catching up to previous levels,” Gvozdeva noted.

The study of Ukraine’s berries and nuts sector was prepared by the Office for Entrepreneurship and Export Development based on data from the State Statistics Service of Ukraine, the State Customs Service of Ukraine, and FAOSTAT.

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Ukraine increased tin imports by nearly 90% in January–May

In January–May 2026, Ukraine increased imports of tin and tin products by 89.3% compared to the same period last year, reaching $3.292 million.

In May, imports of tin and tin products amounted to $555,000.

At the same time, exports of tin and tin products in January–May 2026 rose to $593,000 from $86,000 in January–May 2025. In May, $54,000 worth of tin was exported.

As reported, in 2025, imports of tin and tin products to Ukraine rose by 36.5% compared to 2024—to $4.352 million. Exports of tin and tin products amounted to $241,000, compared to $389,000 a year earlier.

Tin is used primarily as a safe, non-toxic, corrosion-resistant coating in its pure form or in alloys with other metals. The main industrial applications of tin are in tinplate (tin-coated iron) for food packaging, in solders for electronics, in plumbing, in bearing alloys, and in coatings made of tin and its alloys. The most important tin alloy is bronze (with copper).

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Ukraine Reduced Iron Ore Exports by 26.1% Over Five Months

In January–May of this year, Ukraine’s iron ore mining companies reduced iron ore exports by 26.1% in volume terms compared to the same period last year—to 10,125,260 tons from 13,545,967 tons.

According to statistics released by the State Customs Service (SCS) on Friday, 2,239,167 thousand tons of IOR were exported in May, 2,163,837 thousand tons in April, 2,300,467 thousand tons in March, in February – 1,254,516 thousand tons, and in January – 2,054,539 thousand tons.
In the first five months of the year, foreign exchange earnings from mineral ore exports decreased by 28.6% to $766.946 million.

Mineral ore exports were mainly shipped to China (44.10% of shipments in monetary terms), Slovakia (18.09%), and Poland (14.73%).
In addition, Ukraine imported 224 tons of raw materials worth $62,000 from the Netherlands (38.71%), Poland (32.26%), and Italy (29.03%) in January–May 2026, whereas in January–May 2025, it imported 65,000 tons worth $46,000.

As reported, Ukraine’s mining enterprises reduced ore exports in physical terms by 8% in 2025 compared to the previous year—to 30,995,363 tons from 33,699,722 tons, foreign exchange earnings decreased by 16.6%—to $2.337765 billion from $2.803223 billion. Exports were mainly directed to China (44.98% of shipments in monetary terms), Slovakia (17.15%), and Poland (16.09%).

In addition, in 2025, Ukraine imported $95,000 worth of raw materials totaling 130 tons from the Netherlands (46.32%), Italy (36.84%), and Norway (13.68%), whereas in the previous year it imported 2,042 tons worth $414,000.

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Ukraine increased nickel imports by 15% in January–May

In January–May 2026, Ukraine increased imports of nickel and nickel products by 15% compared to the same period last year, reaching $9.171 million.

In May, imports of nickel and nickel products totaled $2.294 million.

At the same time, exports of nickel and nickel products for January–May of this year amounted to $192,000, compared to $443,000 for the first five months of 2025. In May, nickel exports totaled $8,000.

As reported, Ukraine reduced imports of nickel and nickel products by 2.7% in 2025 compared to 2024, down to $26.011 million. Exports of nickel and nickel products totaled $1.420 million, compared to $602,000 in 2024.

Nickel is used in the production of stainless steel and for nickel plating. Nickel is also used in battery production, powder metallurgy, and chemical reagents.

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Ukraine increased copper imports by 9.4% in January–May

In January–May of this year, Ukrainian companies increased imports of copper and copper products by 9.4% in monetary terms compared to the same period last year, reaching $85.297 million.

According to customs statistics released by the State Customs Service of Ukraine on Friday, exports of copper and copper products during the period increased by 1.3% to $39.247 million. In May, copper imports totaled $20.421 million, while exports amounted to $9.237 million.

As reported, in 2025, Ukrainian companies increased imports of copper and copper products by 23.2% in monetary terms compared to the previous year, reaching $173.453 million, while exports of copper and copper products rose by 17.7% to $103.848 million.

Copper is widely used in electrical engineering, in the production of pipes, for creating alloys, in medicine, and in other industries.

Earlier, the Experts Club information and analytical center released a video dedicated to global copper production and leading producing countries – https://youtube.com/shorts/_h8iU50z8C0?si=a-XkgGEfeUxseQNa

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Ukraine’s exports of metal products fell by 17.9% over 5 months

In January–May 2026, Ukraine’s exports of metal products fell by 17.9% compared to the same period last year, to $351.285 million.

According to statistics from the State Customs Service, exports of metal products amounted to $78.032 million in May of this year.

The decline in metal product exports was more pronounced than the drop in export revenue from ferrous metals, which fell by 6.2% over the same period.

As reported, in 2025 Ukraine reduced exports of metal products by 3% compared to the previous year—to $916.151 million.

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