Business news from Ukraine

Business news from Ukraine

Cable imports to Ukraine increased by 28% in 11 months, with Hungary being largest supplier

Imports of insulated wires and cables to Ukraine in January-November 2025 increased by 27.8% compared to the same period in 2024, reaching $541.5 million, according to the State Customs Service. In November of this year, imports of these products increased by 23.6% compared to November 2024, reaching $46.3 million, which is 22.6% higher than in October 2025.

Hungary was the largest supplier of wires and cables to the Ukrainian market in January-November, with a volume of $143.1 million (26.4% of imports). China ranks second with $116.7 million (21.6%), followed by Poland with $88.9 million (16.4%). In 2024, the main volumes were imported from Hungary ($120 million), Poland ($74.4 million), and China ($66.3 million, respectively).

According to State Customs Service data, at the end of 2024, imports of insulated wires and cables to Ukraine increased by 9.3% compared to 2023, to $475 million, while exports increased by 60.2%, to $1.275 billion.

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Tin imports to Ukraine increased by 43%

Imports of tin and tin products in January-November 2025 increased by 42.5% to $4.062 million. In November, imports amounted to $582,000.

At the same time, exports of tin and tin products in the first 11 months of 2025 amounted to $241,000, and in November — $89,000, compared to $389,000 in the same period of 2024.

In 2024, imports of tin and tin products increased by 16.9% to $3.188 million, while exports amounted to $389,000.

In 2023, imports of tin and tin products decreased by 23% to $2.728 million, while exports amounted to $159 thousand, compared to $424 thousand in 2022.

Tin is mainly used 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 white tin (tinned iron) for the manufacture of food containers, in solders for electronics, in domestic piping, 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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Lead imports to Ukraine increased sixfold

In January-November 2025, Ukraine increased imports of lead and lead products by 6.1 times, to $7.323 million. In November, lead imports amounted to $436,000.

At the same time, exports of lead and lead products during this period decreased by 17.6% to $8.911 million. In November, exports amounted to $738,000.

In 2024, the country increased imports of lead and lead products by 2.4 times, to $2.391 million, while exports decreased by 22.9%, to $11.401 million.

In 2023, compared to the previous year, less lead and lead products were imported into Ukraine — $989 thousand (-65.2%), while exports increased by 23.5% to $14.778 million.

Lead is currently mainly used in the production of lead-acid batteries for the automotive industry. In addition, lead is used in the manufacture of bullets and certain alloys.

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Imported cheeses displacing Ukrainian producers in December 2025

December is traditionally one of the most successful months for Ukrainian cheese producers in terms of sales, but in 2025, not all companies in the industry will be able to boast positive dynamics, according to the analytical publication Infagro.

“Although cheese consumption in Ukraine has likely increased, the main growth has been in imported products,” analysts noted, adding that this is due to the significant price advantage of European cheeses.

Importers purchase products in EU countries at a significantly lower price than they are produced in Ukraine, and experts predict that their cost will not increase in the near future.

The agency noted that cheese imports to Ukraine increased in November, although not as much as predicted. Imports were up 10% compared to October. Imports of “white” cheeses increased by 4%. At the same time, imports of processed cheeses decreased by 18%.

Experts hope that imports will grow more actively in December, as was the case last year.

They recalled that cheese consumption in Ukraine has not yet returned to pre-war levels, which complicates competition for domestic producers. According to analysts’ estimates, in 2025, sales of semi-hard cheeses on the domestic market will be 17% lower than in 2021. At the same time, the average Ukrainian, as before the war, consumes about 2 kg of such cheese per year, and about a quarter of this volume is European-made cheese.

“Exports of semi-hard cheeses from Ukraine remain half the size of imports. At the same time, export prices exceed import prices. In November, exports of processed cheese products also fell sharply to their lowest level since the beginning of the year,” Infagro reported.

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Poland, France, and US lead in truck imports to Ukraine

Imports of trucks to Ukraine in January-November 2025 increased by 7.5% in monetary terms compared to the same period in 2024, reaching $897.2 million, according to statistics from the State Customs Service.

According to the published data, the growth rate of imports of these vehicles has slowed down again, in particular, over 10 months it amounted to 8% compared to the same period in 2024.

In particular, in November, truck imports increased by 2.2% compared to November 2024, to $77.5 million, which, however, is 2% less than in October 2025.

The largest number of trucks in 11 months was imported from Poland – $155.7 million (8% less than last year), France – $151.2 million (45.6% more), and the United States – $105 million (16.5% more).

Imports of trucks from all other countries in January-November increased by 3% to $485.3 million.

At the same time, according to statistics, Ukraine exported only $6 million worth of trucks in 11 months, mainly to Turkey (64.3% of exports), Romania, and Moldova, while a year earlier, exports were even more insignificant ($2.9 million), mainly to Moldova, Poland, and Kazakhstan.

As reported, in 2024, imports of trucks to Ukraine in monetary terms increased by 30% compared to 2023, to $947.84 million, with most of them imported from Poland (almost 20%).

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Nickel imports to Ukraine remained virtually unchanged

In January-November 2025, Ukraine reduced imports of nickel and nickel products by 0.3% compared to the same period in 2024, to $23.592 million. In November, imports of nickel and nickel products amounted to $2.546 million.

Exports of nickel and nickel products in January-November 2025 amounted to $1.245 million (in November — $113,000) compared to $585,000 in the first 11 months of 2024.

In addition, Ukraine increased imports of nickel and nickel products by 73.7% in 2024 compared to 2023, to $26.730 million.

At the same time, in 2023, it reduced imports of nickel and nickel products by 74.2% compared to 2022, to $15.391 million.

Exports of nickel and nickel products in 2024 amounted to $602,000, while in 2023 they amounted to $532,000, and in 2022 — $1.268 million.

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

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