Ukraine’s trade turnover amounted to $28.4 billion in Q1

Ukraine’s trade turnover in January-March 2025 amounted to $28.4 billion. This is according to the State Customs Service.

During the period, Ukraine imported $18.5 billion worth of goods and exported $9.9 billion. At the same time, taxed imports amounted to $13.9 billion, which is 75% of the total volume of imported goods.

Among the countries from which Ukraine imported the most goods: China – $3.9 billion, Poland – $1.7 billion, and Germany – $1.5 billion. Ukraine exported most of its goods to Poland – by $1.1 billion, Italy – by $680 million, and Spain – by $650 million.

In January-March, 68% of the total volume of imported goods was made up of:

  • machinery, equipment and transport – $6.8 billion
  • chemical products – $3.2 billion;
  • fuel and energy products – $2.5 billion.

The top three most exported goods from Ukraine were food products ($5.8 billion), metals and metal products ($1.1 billion), and machinery, equipment, and transport ($882 million).

In January-March 2025, UAH 81.2 million was paid to the budget during customs clearance of exports of goods subject to export duties.

As GMK Center reported earlier, in 2024, Ukraine’s trade turnover increased by 13% compared to 2023, from $99.4 billion to $112.3 billion. During the year, Ukraine imported $70.7 billion worth of goods and exported $41.6 billion.

  • Global Market

The annual cost of the CBAM for exports of steel products from Kazakhstan could exceed €100 million

Exports from Kazakhstan’s steel sector to the EU could face annual costs of over €100…

Monday June 15, 2026
  • Global Market

Steel production in India could rise by 8% y/y in the FY2026/2027 – forecast

In the 2026/2027 financial year (FY), steel production in India is set to rise by…

Monday June 15, 2026
  • Companies

Zaporizhstal is set to increase spending on major crane repairs by almost sevenfold in 2026

The Zaporizhstal Steelworks continues to systematically upgrade its lifting machinery and crane equipment. While Zaporizhstal…

Monday June 15, 2026
  • Global Market

The EU is tightening the rules on suspending the CBAM

On 12 June, EU countries agreed to limit the circumstances under which the bloc may…

Monday June 15, 2026
  • Global Market

Germany will only avoid a recession thanks to government spending — Bundesbank forecast

Large-scale government investment in defence and infrastructure will be the key factor in preventing the…

Monday June 15, 2026
  • Global Market

Iran has lifted temporary restrictions on steel exports

The Iranian authorities have officially lifted the temporary export restrictions on steel slabs and certain…

Monday June 15, 2026