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trade - Latest news GMK Center

Photo – Ukraine’s foreign trade deficit increased almost 1.6 times in Q1
Ukraine’s foreign trade deficit increased almost 1.6 times in Q1

Exports decreased by 6.9% in the period under review

Photo – Additional CBAM costs will complicate steel trading from 2026
Additional CBAM costs will complicate steel trading from 2026

In the future, close cooperation between supply chain participants will be required

Photo – British steel industry needs to clarify the timing of US zero tariffs
British steel industry needs to clarify the timing of US zero tariffs

The parties are working to define the exact requirements for the quota of steel allowed for export

Photo – European Parliament supports extension of duty-free regime for Ukrainian steel
European Parliament supports extension of duty-free regime for Ukrainian steel

Once approved by the EU Council, the preferential regime will be valid until June 2028

Photo – Turkey reduced iron & steel products imports from Ukraine by 64% y/y in Q1
Turkey reduced iron & steel products imports from Ukraine by 64% y/y in Q1

Iron ore and semi-finished products account for the key volumes of supplies

Photo – Ukraine’s foreign trade deficit grew by 76.6% y/y in January-February
Ukraine’s foreign trade deficit grew by 76.6% y/y in January-February

Exports decreased by 13% year-on-year in the period under review

Photo – Transport visa-free regime between Ukraine and the EU extended until the end of 2025
Transport visa-free regime between Ukraine and the EU extended until the end of 2025

Agreement on freight liberalization automatically extended due to efficiency and compliance with conditions

Photo – Ukraine seeks to maintain «trade visa-free regime» with the EU until the end of 2025
Ukraine seeks to maintain «trade visa-free regime» with the EU until the end of 2025

The parties will continue discussions on amendments to Article 29 of the Association Agreement

Photo – The EU exported steel products worth €77.8 billion in 2024
The EU exported steel products worth €77.8 billion in 2024

Imports of relevant products amounted to €73.1 billion

Photo – European Commission proposes to extend duty-free imports of Ukrainian steel
European Commission proposes to extend duty-free imports of Ukrainian steel

The EU plans to support Ukraine's steel sector while maintaining exemptions from trade restrictions

Photo – European Commission presents EU competitiveness strategy
European Commission presents EU competitiveness strategy

The strategy is based on innovation, decarbonization and safety

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