Business news from Ukraine

Business news from Ukraine

Imports of used passenger cars into Ukraine fell by 9% in August

In August 2026, Ukrainians purchased 20,600 used passenger cars imported from abroad, which is 9% less than in the same month of 2025, according to a report by “Ukravtoprom” on its Telegram channel.

Compared to July of this year, demand for such cars fell by 8.4%.

Gasoline-powered cars accounted for the largest share of this segment of the auto market in August, increasing their share by 4 percentage points compared to August 2025—to 52%.

Next came diesel cars—as in the previous year, their share stood at 17%, while the share of electric vehicles fell to 17% from 26%; however, they still outpaced hybrids, whose share was 11% (6%). The share of cars with LPG systems remained unchanged at 3%.

The average age of imported used cars was 8.7 years.

The Volkswagen Golf confidently tops the list of the ten most popular imported used models with 875 units. Next are the VW Tiguan—775 units, the Nissan Rogue—707 units, the Audi Q5—695 units, the Skoda Octavia—633 units, the Renault Megane—532 units, the Tesla Model Y—494 units, the Tesla Model 3—480 units, the

Nissan Leaf—454 units, and the Ford Escape—408 units.

As reported with reference to “Ukravtoprom,” in 2025, Ukrainians purchased 274,300 used passenger cars imported from abroad, which is 24% more than in 2024. Following the Volkswagen Golf, the top three most popular models included two Tesla electric vehicles—the Model Y and Model 3.

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“Ukrnafta” Increased Its Diesel Fuel Imports 2.4-Fold Over Past Year

According to Experts.news, in August 2026, the OKKO Group became the largest importer of diesel fuel into Ukraine, supplying nearly 89,000 metric tons—a 47% increase compared to August of last year, as reported by the A-95 Consulting Group.

Ukrnafta took second place with a volume of nearly 77,000 metric tons. Over the past year, the company increased its imports by 2.4 times.

“Energo Trade JSC” became the third-largest importer, with 55,600 metric tons, although its shipments fell by 44%.

UPG imported 55,400 metric tons, a 3% increase, while WOG imported 40,300 metric tons, a 46% increase compared to last year.

The Western Fuel and Energy Company (ZPEK) also showed significant growth, increasing its imports by a factor of 2.2 to 39,000 metric tons.

According to the “A-95” chart on the third page of the press release, the rest of the top 10 importers for August included “Paid” with 32,300 metric tons, “BRSM-Nafta” with 24,600 metric tons, “Martin Trade” with 17,100 metric tons, and “Gaztrim” with 16,400 metric tons.

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Imports from West accounted for two-thirds of Ukraine’s diesel fuel imports in August

According to Experts.news, Ukraine imported 4.2 million metric tons of diesel fuel in January–August 2026, which is 7% more than during the same period in 2025, the A-95 Consulting Group reported.

However, in August alone, shipments fell by 10% year-over-year to 588,000 metric tons.

The main feature of the market in August was a significant restructuring of logistics. While a year earlier, approximately 50% of imported diesel fuel came via the southern route, in August 2026 that share fell to 33%. At the same time, the share of shipments via the western border rose from 50% to 67%.

According to Serhiy Kuyun, director of “A-95,” the change in routes is linked both to the price situation on the European market amid the war in Iran and to the increase in military risks, freight costs, and secondary logistics along the southern route.

A-95 expects that the fall will remain a challenging period for the fuel market due to intensified Russian attacks and market turbulence linked to the war in Iran.

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Cheese imports to Ukraine were three times higher than exports over first seven months

In January–July 2026, Ukraine imported 28,300 metric tons of cheese, which is 24.7% more than during the same period last year, while exports of Ukrainian cheese rose by only 1.2%—to 8,200 metric tons.

This is according to data from the State Customs Service, cited by the Association of Milk Producers (AMP) in a publication dated August 26.

Thus, according to calculations based on AMM data, the physical volume of cheese imports was approximately 3.5 times greater than exports, and the difference between imports and exports reached about 20,100 metric tons.

The gap in monetary terms is even more pronounced. The value of cheese imports over the seven-month period totaled $168.8 million, an increase of 17.9%, while exports brought Ukraine $37.4 million, which is only 0.5% more than last year’s figure.

Thus, imports exceeded exports in monetary terms by approximately 4.5 times, and the trade deficit in cheese amounted to about $131.4 million.

The data provided by the APM also shows that the average estimated cost of imported cheese was about $6,000 per metric ton, while that of exported cheese was about $4,600 per metric ton.

At the same time, imports in physical terms are growing significantly faster than their value: the volume increased by 24.7%, while procurement costs rose by 17.9%. This indicates a decrease in the average calculated import value per metric ton by approximately 5% compared to January–July of last year.

For comparison: Ukraine’s total merchandise imports in January–July 2026 amounted to $58.1 billion, while exports totaled $24.1 billion, according to the State Customs Service.

Poland, Germany, and the Netherlands remain the main suppliers of cheese to the Ukrainian market, while Ukrainian products are mainly exported to Moldova, Kazakhstan, and Germany.

Original source: Association of Milk Producers, citing data from the State Customs Service.

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Tractor imports to Ukraine rose to $507.5 mln over seven months

In January–July 2026, Ukraine imported $507.5 million worth of tractors, which is 2% more than during the same period last year, when imports totaled $497.8 million, according to data from the State Customs Service.

However, in July alone, tractor imports fell by 5% compared to July 2025 and by 3% compared to June of this year, to $70.6 million.

Germany was the largest supplier of tractors to Ukraine over the seven-month period, accounting for 19.4% of imports, or $98.3 million.

China supplied nearly the same volume—$98 million, or 19.3% of total imports. The United States ranked third with shipments worth $89.6 million, accounting for nearly 17.7%.

Thus, the three largest countries accounted for about 56.4% of all tractor imports into Ukraine during January–July.

Compared to last year, the supplier structure has changed. In January–July 2025, the United States was the largest supplier with $94.1 million in shipments, followed by China with $87.3 million and Germany with $83.9 million.

Over the year, shipments from Germany increased by approximately 17%, and those from China by more than 12%, while imports from the United States decreased by about 5%.

For the full year of 2025, Ukraine imported tractors worth $845.7 million, which was 7.9% higher than in 2024. The main suppliers at that time were also the United States ($179.7 million), Germany ($145 million), and China ($142.8 million).

Thus, in 2026, the growth in tractor imports continued, but its pace slowed noticeably: over the first seven months, the figure increased by only 2%, and by July, a negative year-over-year trend had already been recorded.

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Exports of ferrous metals from Ukraine fell by nearly third in July compared with June

Ukraine’s foreign exchange earnings from ferrous metal exports in July 2026 totaled $199.9 million, which is nearly 32% less than in June, when exports brought in $293.6 million, according to data from the State Customs Service.

Thus, July was noticeably weaker than the previous month for Ukrainian steel exports.

Overall, from January through July, companies in the sector earned $1.678 billion from ferrous metal exports, which is 7.6% less than during the same period last year.

At the same time, imports of ferrous metals in July totaled $176.4 million. The difference between exports and imports thus narrowed to approximately $23.5 million for the month.

Over the seven-month period, metal imports rose by 7.2% to $1.023 billion.

The decline in July’s export revenue comes after two years of recovery in metallurgical exports. In 2024, their value rose by 16.9%, and in 2025, by another 7.85%.

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