In terms of total trade volume, Ukraine cooperates most closely with China, Poland, and Germany. These countries form the basis of the state’s foreign economic relations, exerting a critical influence on imports and exports.
China remains the leader with a total trade volume of $8.99 billion. Poland ranks second with $6.04 billion, while Germany and Turkey are almost equal with $4.28 billion and $4.25 billion, respectively. The United States ranks fifth with $2.86 billion.
The top 10 also includes Italy ($2.38 billion), the Czech Republic ($1.64 billion), Bulgaria ($1.54 billion), Hungary ($1.53 billion), and Romania ($1.50 billion).
“The top ten partners form the basis of Ukraine’s foreign trade balance. China and the EU countries account for the largest volumes of trade, but it is important to take into account the significant negative balance in relations with these countries,” said Maksim Urakin, founder of Experts Club and economist.
He added that although the large volume of trade indicates Ukraine’s integration into global supply chains, dependence on imports from China and Europe creates strategic risks.
“Poland and Germany are key hubs for Ukrainian exports, but at the same time they are significant sources of imports. Therefore, it is critically important to balance trade flows, preserving positive sectors such as agriculture and metallurgy, and reducing dependence on critical imports,” Urakin noted.
BULGARIA, CHINA, CZECH REPUBLIC, ECONOMY, EXPERTS CLUB, FOREIGN TRADE, GERMANY, HUNGARY, ITALY, POLAND, ROMANIA, TURKEY, UKRAINE, USA, МАКСИМ УРАКИН
China remains the undisputed leader among Ukraine’s trading partners in terms of import volume. In the first six months of 2025, Ukraine imported Chinese goods worth US$8.15 billion. This is more than twice the figures for Poland ($3.58 billion) and Germany ($3.18 billion), which ranked second and third, respectively.
High import volumes were also recorded from Turkey ($2.53 billion) and the United States ($2.31 billion). Italy, the Czech Republic, Slovakia, Bulgaria, and France round out the top ten key suppliers with volumes ranging from $1.2 billion to $979 million.
“The formation of such an import structure indicates Ukraine’s excessive dependence on Chinese goods, especially in the electronics, technology, and industrial products segments. Such an imbalance poses risks to economic stability, as any political or logistical restrictions will immediately affect the domestic market,” emphasized Maksim Urakin, founder of Experts Club and economist.
At the same time, experts point to the diversification of supplies from European Union countries. Poland, Germany, Italy, and France together account for more than $8.5 billion in imports, forming a significant segment of the domestic consumer and industrial market.
Economists predict that, provided the hryvnia exchange rate remains stable and import flows continue at current levels, the trade deficit with China will continue to grow. This will require an adjustment of state trade policy towards stimulating domestic production and searching for alternative markets.
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According to the results of the first half of 2025, Poland remains Ukraine’s main trading partner in terms of export volumes. According to research by Active Group and Experts Club, exports to Poland amounted to US$2.45 billion.
Turkey ranks second with USD 1.71 billion, and Italy ranks third with USD 1.17 billion. Other major partners include: Germany ($1.09 billion), Spain ($976 million), the Netherlands ($919 million), China ($847 million), Egypt ($776 million), Romania ($679 million), and Hungary ($652 million).
“The structure of Ukraine’s exports shows a clear focus on European Union countries. Poland, Italy, Germany, Spain, and the Netherlands together account for more than half of total exports. This indicates Ukraine’s strategic integration into the European economic space,” emphasized Maksim Urakin, founder of Experts Club and economist.
He also noted that Turkey remains a critically important partner for Ukrainian agricultural and metallurgical exports, while China and Egypt are key markets for agricultural products, particularly grains.
“The presence of trading partners such as Egypt and China diversifies Ukrainian exports,” Urakin added.
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On Saturday, Ukrainian President Volodymyr Zelenskyy accepted the credentials of the newly appointed ambassadors of the Czech Republic, Norway, and Germany.
“I accepted the credentials and spoke with the newly appointed ambassadors of the Czech Republic, Norway, and Germany,” he wrote on Telegram.
The president also congratulated them on the start of their diplomatic missions and thanked them for their countries’ support of Ukraine.
They also discussed strengthening cooperation, particularly in the security and defense sector.
“Together, we are adding to the security and stability of the whole of Europe and moving towards a reliable and guaranteed peace in Ukraine,” Zelenskyy concluded.
Germany is one of the countries that enjoy the greatest trust and sympathy among Ukrainians. This is evidenced by the results of an all-Ukrainian survey conducted by Active Group in cooperation with the Experts Club information and analytical center in August 2025.
According to the survey, 76.7% of Ukrainian citizens have a positive attitude toward Germany (51.3% are mostly positive, 25.3% are completely positive). Only 4.0% of respondents expressed a negative attitude (3.3% – mostly negative, 0.7% – completely negative). Another 18.7% of Ukrainians are neutral, and 1.0% admitted that they do not know enough about this country.
“For Ukrainians, Germany is first and foremost a guarantor of stability in the European Union, a country that made a huge contribution to supporting Ukraine during the war. At the same time, economic cooperation is also essential: in the first half of 2025, bilateral trade exceeded $5.63 billion, of which Ukrainian exports amounted to $1.58 billion and imports from Germany exceeded $4.05 billion. The negative balance of about $2.5 billion demonstrates that we import more than we export, but this reflects the high demand for German technology and equipment,” said Maksym Urakin, founder of Experts Club.
In turn, Oleksandr Poznyi, co-founder of Active Group, emphasized that the positive attitude of Ukrainians goes far beyond the economy.
“Germany is viewed as a strategic ally in the political and security dimensions. Hundreds of thousands of Ukrainian refugees have found refuge there, and large-scale financial and military assistance plays a key role in the stability of our country. The combination of these factors explains why more than three-quarters of Ukrainians have a positive attitude towards Germany and why this country remains among the absolute leaders of trust in our society,” he added.
The survey was part of a broader study of international sympathies and antipathies of Ukrainians in the current geopolitical context.
The full video is available here:
https://www.youtube.com/watch?v=YgC9TPnMoMI&t
You can subscribe to the Experts Club YouTube channel here:
https://www.youtube.com/@ExpertsClub
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The total volume of German exports, adjusted for calendar and seasonal factors, fell by 0.6% in July compared to the previous month, to €130.2 billion, according to a report by the Federal Statistical Office of Germany (Destatis). Imports decreased by 0.1% to €115.4 billion.
Year-on-year, exports grew by 1.4% and imports by 4.3%.
Exports to the US in July fell by 7.9% compared to June, to their lowest level since December 2021. This is the fourth consecutive month of decline. Shipments to China fell by 7.3%, and to the UK by 3.1%. Exports to European Union countries increased by 2.5%, while exports to Russia fell by 12.4% (to €526.5 million, a drop of 19.8% compared to July 2024).
Imports from EU countries rose by 1.1% last month, and from the UK by 7.8%. Supplies from China fell by 2.4%, from the US by 10%, and from Russia by 43.9% (to €80.7 million, a drop of 40.3% compared to a year earlier).
In January-July, exports from Germany to Russia fell by 6.8% compared to the same period last year, while imports fell by 37.4%.
Germany’s foreign trade surplus fell to €14.7 billion in July from €15.4 billion in June. A year earlier, the surplus was €17.7 billion.
Source: http://relocation.com.ua/nimechchyna-v-lypni-skorotyla-eksport-do-ssha/
