The share of IT services exports in Ukraine’s GDP in 2024 is 3.4%, slightly lower than in 2023 (3.7%) and 2022 (4.5%). Despite the overall decline, the IT sector remains one of the key pillars of the economy and the only one showing positive growth since 2019 (+23.6%).
Read MoreIn 2024, Ukraine reached a historic achievement by becoming the world leader in net exports of frozen raspberries. For the first time, the country managed to overtake not only Poland but also Serbia, which had been a dominant player in this segment for many years.
Read MoreDuring January-February 2025, Ukraine imported 1.3 thousand tons of pork, which is 2.2 times more than in the same period last year. In monetary terms, imports for the first two months of 2025 increased by 66.7% compared to the same period in 2024, reaching $2.5 million.
Read MoreIn January-February 2025, Ukraine increased both the volume and revenue from the export of live cattle compared to the same period last year.
During January-February 2025, Ukraine exported 2,720 tons of live cattle (+158%) for a total of $5.55 million (+275%).
Read MoreThe markets of EU countries, Azerbaijan, Great Britain, Israel, Qatar, the Kingdom of Saudi Arabia, Turkey, Kuwait, and others are open for the export of Ukrainian fish, fish products, and seafood.
Read More“Ukraine is a pharmaceutical country, and to confirm my words, I want to say that Ukraine is actively exporting medicines today. We export medicines to 73 countries around the world... Moreover, exports are growing every year; year-on-year, we are adding 15-20% to our exports,” said Petro Bagriy, President of the Association of Ukrainian Medicine Manufacturers.
Currently, up to 70% of medicines in packaging in Ukraine are domestically produced.
Read MoreA new flour milling plant with a capacity of 120 tons per day is under construction in the Cherkasy region. The plant will be equipped with machinery from the Turkish company ÇIFT KARTAL. The new facility will meet all modern safety and environmental requirements. Production will be fully automated, minimizing the impact of human factors and ensuring consistent product quality. In the future, the enterprise plans to actively develop and expand its product range.
Read MoreIn January 2025, Ukraine’s export of goods reached $3.18 billion, which is 11.5% less compared to January of the previous year. At the same time, the import of goods increased by 8.2%, reaching $5.5 billion.
The negative trade balance in the first month of the year was $2.33 billion (in January of the previous year, it was also negative at $1.5 billion). The export-to-import coverage ratio was 0.58 (compared to 0.71 a year ago).
Read MoreIn the past year, the total import of seeds for cereals and oilseeds, sugar beets, and vegetables reached $381.3 million, which is 3.2% higher than the figure for 2023. Last year, Ukraine imported 8,600 tons of cereal seeds and 22,200 tons of oilseed crops, totaling $302.3 million. Experts noted that compared to 2023, the cost of importing these crops decreased by 3.8%, but it is almost 2.5 times higher than the domestic export of seeds, which was $122.6 million.
Read MoreIn January-February 2025, Ukraine imported 17.06 thousand tons of cabbage. The country spent $14.489 million on cabbage purchases.
In January-February 2024, Ukraine imported 1.955 thousand tons of cabbage for $3.225 million.
Thus, cabbage imports in the first two months of 2025 increased nearly ninefold compared to the same period in 2024.
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