Used cars make up 71% of Ukraine’s vehicle imports

More than 228,000 vehicles have been imported into Ukraine in the first seven months of 2024, marking a 14.2% increase compared to the same period last year, according to the Ministry of Internal Affairs. The data was reported by the Opendatabot platform on Aug 2. Used cars dominated the import market, making up 71% of … Read more

Ukraine’s parliament exempts import of energy equipment from taxes

The Verkhovna Rada adopted bills No. 11258 and No. 11259, which canceled customs duties and value-added tax on the import of generators, batteries, and equipment for wind and solar generation. The documents were supported by 305 and 313 MPs respectively. Also, tax benefits apply to equipment for mine countermeasures and equipment for the production of … Read more

EIB working to create pan-European mechanism for exporting goods to Ukraine

The European Investment Bank (EIB) Group is working on creating a pan-European export credit guarantee mechanism worth EUR 300 million for small and medium-sized companies in the EU exporting goods or services to Ukraine, EIB President Nadia Calviño said in an exclusive interview with Interfax-Ukraine. She said following the Ukraine Recovery Conference in Berlin on … Read more

Exports of goods from Ukraine in May decrease by only 0.5% compared to April, while imports decrease by 7% – trade rep

Exports of goods from Ukraine in May 2024 amounted to $3.34 billion, which is only 0.5% less than in April, despite a reduction in its physical terms by 6.9%, to 12.2 million tonnes, Deputy Minister of Economy, Trade Representative of Ukraine Taras Kachka said. “This is primarily due to the fact that in May the … Read more

Ukraine exports via Solidarity Lanes since 2022 exceeds 136 mln tonnes of goods, imports 52 mln tonnes

The Solidarity Lanes have allowed Ukraine to export more than 136 million tonnes of goods, such as grain, ores and steel since 2022 and to import more than 52 million tonnes of essential goods, including fuel, vehicles, and fertilisers, and also enabled the delivery to Ukraine of military and humanitarian assistance, according to pap.pl, citing … Read more

After attacks on May 8 D.Trading increases electricity imports fourfold

D.Trading LLC swiftly increased imports of electricity from Europe for its consumers fourfold after enemy attacks on Ukrainian energy infrastructure on May 8, the company’s website reported on Friday. “The use of imports provides industrial consumers with the opportunity to minimize the risks of electricity consumption restrictions and to continue operating in these challenging times,” … Read more

Ukraine imports record amount of electricity in April

Ukraine imported 225000 MWh of electricity in April, which is the highest figure since the beginning of the current year, reported the press service of the state energy trader Energy Company of Ukraine. Compared to March, the volume of commercial imports in April increased by a third. In April, ECU increased the volume of imports by 1.5 … Read more

Deficit of Ukraine’s foreign trade in goods decreases by 12.5% in Jan-Feb – statistics

The negative balance of Ukraine’s foreign trade in goods in January-February 2024 decreased by 12.5% compared to the same period in 2023 – to $3.227 billion from $3.689 billion, the State Statistics Service reported on Monday. According to its data, exports of goods from Ukraine for the specified period compared to January-February 2023 increased by … Read more

Ukraine forced to rely on record electricity imports after Russia struck critical infrastructure

Today, Ukraine will import more than 18,600 MWh of electricity, the Ministry of Energy said in its morning report. This is the highest indicator since the beginning of the year. The grid continues to be restored after the biggest blow during the entire war, which occurred on March 22. Yesterday, according to the instructions of … Read more