Ukraine exported $14.1 billion worth of food products in January–July 2026, according to data from the State Customs Service. Based on calculations using State Customs Service statistics, food products accounted for about 58.5% of Ukraine’s total merchandise exports, which amounted to $24.1 billion over the seven-month period.
Metals and metal products ranked second among export categories at $2.5 billion, or slightly more than 10% of total exports.
Machinery, equipment, and transportation vehicles were exported in the amount of $2.1 billion, corresponding to approximately 8.7% of total exports.
Thus, food products, metal products, and machinery collectively accounted for about 77.6% of Ukraine’s merchandise exports.
Poland remained the largest market for Ukrainian goods over the seven-month period, with $2.8 billion worth of products shipped there. Exports to Turkey totaled $2 billion, and to Germany—$1.5 billion.
Overall, Ukrainian exports in January–July 2026 grew by 3.8% compared to the same period last year—rising to $24.1 billion from $23.2 billion.
At the same time, imports grew much faster—by 26.6%, to $58.1 billion.
China maintained its top position by a wide margin among suppliers of goods to Ukraine in January–July 2026, accounting for $16.8 billion in imports, according to the Experts Club information and analytical center, based on data from the State Customs Service.
According to calculations based on State Customs Service statistics, China accounted for about 28.9% of Ukraine’s total goods imports, which reached $58.1 billion over the seven-month period.
Poland was the second-largest supplier with $5.5 billion, or about 9.5% of imports, while Germany ranked third with $3.8 billion, or 6.5%.
Thus, just three countries accounted for almost 45% of the value of all goods imported into Ukraine in January-July.
Total goods imports over the seven months increased by 26.6% compared with the same period of 2025, from $45.9 billion to $58.1 billion.
Machinery, equipment and vehicles remain the main factor behind the high level of imports, with purchases amounting to $25.7 billion. Fuel and energy products accounted for another $8.5 billion, while chemical industry products amounted to $8 billion.
At the same time, Ukraine’s exports over the same period grew significantly more slowly — by 3.8%, to $24.1 billion.
In January–July 2026, Ukraine imported machinery, equipment, and vehicles worth $25.7 billion, accounting for more than 44% of the country’s total merchandise imports, according to the State Customs Service.
The second-largest category was fuel and energy products, with imports totaling $8.5 billion, followed by chemical industry products at $8 billion.
Collectively, these three commodity categories accounted for $42.2 billion, or about 73% of Ukraine’s imports over the seven-month period.
During customs clearance of machinery, equipment, and vehicles, 145.5 billion UAH in customs duties were paid to the state budget, accounting for 28% of the corresponding revenue.
Fuel and energy products accounted for 172.7 billion UAH, or 34% of customs duties, while chemical products accounted for 66.5 billion UAH, or 13%.
Thus, the three largest import categories accounted for about 75% of customs duties.
Total imports of goods into Ukraine in January–July rose by 26.6% compared to the same period last year—to $58.1 billion.
The largest supplier countries were China with $16.8 billion, Poland with $5.5 billion, and Germany with $3.8 billion.
Ukraine’s trade deficit in goods for January–July 2026 amounted to approximately $34 billion, compared to $22.7 billion for the same period in 2025, according to calculations based on data from the State Customs Service (SCS).
Thus, the merchandise trade deficit for the year increased by approximately $11.3 billion, or nearly 50%.
Imports of goods into Ukraine over the seven-month period rose by 26.6%—to $58.1 billion from $45.9 billion a year earlier—while exports increased by only 3.8%—to $24.1 billion from $23.2 billion.
The export-to-import ratio, calculated based on GTS data, fell to approximately 41.5% from 50.5% in January–July 2025.
The bulk of imports consisted of machinery, equipment, and transportation vehicles—$25.7 billion; fuel and energy products—$8.5 billion; and chemical industry products—$8 billion. Collectively, these three groups accounted for about 73% of total merchandise imports.
Food products remained the leading export category at $14.1 billion. Metals and metal products totaled $2.5 billion in exports, while machinery, equipment, and transportation vehicles totaled $2.1 billion.
The largest suppliers of goods to Ukraine were China ($16.8 billion), Poland ($5.5 billion), and Germany ($3.8 billion).
The main markets for Ukrainian exports were Poland ($2.8 billion), Turkey ($2 billion), and Germany ($1.5 billion).
From July 27 to August 2, Ukraine reduced electricity imports by 32.0% compared to the previous week—to 22,600 MWh—while exports rose by 49.6%—to 84,200 MWh, according to the DIXI Group analytical center, citing data from Energy Map.
“Thus, Ukraine has maintained its status as a net exporter for the fourth consecutive week: the volume of electricity supplied abroad exceeded imports by a factor of 3.7,” the center noted.
Last week’s export growth was driven by increased demand for electricity in European countries due to hot weather and competitive pricing conditions. Throughout the week, prices on Ukraine’s “day-ahead” (DAA) market remained lower than on the DAA markets of neighboring Eastern European countries.
According to Energy Map, Hungary accounted for the largest share of imports last month—7.8 thousand MWh, or 34.6%. Romania accounted for 6,900 MWh (30.4%), Slovakia for 5,900 MWh (26.3%), and Poland for 2,000 MWh (8.7%).
Exports, in turn, took place daily, and their daily volumes throughout the week were 2–6 times higher than imports.
Hungary also remained the main export destination, with 36.3 thousand MWh (43.1% of total exports) supplied there. Exports to Moldova totaled 25.8 thousand MWh (30.6%), to Romania – 18.9 thousand MWh (22.5%), to Slovakia – 3.1 thousand MWh (3.7%), and to Poland – 0.1 thousand MWh (0.1%).
Compared to the previous week, exports increased by 7–70% for most destinations.
Due to reduced availability of liquefied natural gas (LNG) on the European market, Belgium switched entirely to importing this fuel from Russia in July, a move driven by supply disruptions and high gas prices, according to Bloomberg.
Total LNG shipments to Belgium in July fell by more than 40% compared to the same period last year. At the same time, the country purchased about 0.4 million metric tons of this fuel from Russia, although the volume of Russian imports was lower than in early 2026.
One reason for the increased role of Russian LNG was disruptions in fuel supplies from the Middle East due to shipping problems in the Strait of Hormuz. At the same time, most European buyers were postponing LNG purchases for winter stockpiles due to high gas prices.
“Europe received 16% more Russian LNG in the first half of 2026 compared to the same period the previous year, paying a total of 5.96 billion euros ($6.9 billion). The largest buyers were France, Belgium, and Spain,” the publication reports, citing data from the German nongovernmental organization Urgewald.
Low gas storage levels ahead of the winter season posed an additional challenge for Europe—they are the lowest for this period since records began in 2009.
According to Bloomberg, the last time Russia was the sole supplier of LNG to Belgium was in early 2021—before Russia’s full-scale invasion of Ukraine and after European economies had begun to recover from the COVID-19 pandemic.
