News

The EU is preparing to impose higher custom duties on Ukrainian imports within weeks, dealing a blow to Ukraine’s economy at a critical moment in its fight against Russian aggression. 

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In the first 12 days of May 2025, Ukraine’s agricultural exports by road transport reached 117,000 tonnes, a 12% decrease compared to the same period in April.

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In January-April 2025, Ukraine imported 13,400 tonnes of cheese, a 16.5% increase compared to the same period in 2024. The cost of cheese imports reached $82.5 million, a 19.4% increase compared to the first four months of 2024. Cheeses were primarily imported from Poland (43.7%), Germany (10.7%), and the Netherlands (8.9%).

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In January-April 2025, Ukraine imported tractors worth $294.2 million, a 2.6% decrease compared to the same period in 2024. Tractors were primarily imported from the United States (21.3% of total imports, or $62.5 million), Germany (16.8%, or $52.2 million), and China (16%, or $47.3 million). In contrast, the main suppliers in the same period of 2024 were Germany ($49.34 million), the Netherlands ($38.6 million), and Poland ($37 million).

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In January-April 2025, the Export Credit Agency (ECA) insured export operations of Ukrainian companies, securing UAH 5.35 billion in future export revenue. For the same period last year, this figure was UAH 1.7 billion.

Insuring export contracts has enabled producers to reduce the risks of non-payment and gain access to bank financing, helping companies scale production and enter new markets.

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In January-April 2025, truck imports to Ukraine in monetary terms decreased by 4.3% compared to the same period in 2024, reaching $286.56 million, according to data from the State Customs Service of Ukraine.

In April 2025, truck imports decreased by 12.2% compared to April 2024, reaching $71.31 million.

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In 2024, the EU exported agricultural products worth €234.1 billion and imported €194.9 billion, resulting in a trade surplus of €39.2 billion. Compared to 2023, exports and imports increased by 2.8% and 6.7%, respectively.

The main export partners for EU agricultural products in 2024 were the United Kingdom (23.0%, €54.0 billion), the United States (12.8%, €30.1 billion), Switzerland (5.4%, €12.6 billion), and China (5.3%, €12.3 billion).

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The “Diia.Business” portal now offers services from the Export Credit Agency (ECA) for entrepreneurs. Available services for exporters include:

Loans for executing foreign economic contracts – the state provides insurance guarantees to banks for issued loans, enabling Ukrainian exporters to secure financing on more favorable terms to fulfill international contracts.

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In the first quarter of 2025, Ukraine’s apple imports surged nearly fivefold compared to the first quarter of 2024. According to the State Customs Service,

Ukraine imported 3,960 tons of apples, pears, and quinces valued at $5 million, compared to 811 tons worth $1.255 million in the first quarter of 2024.

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In the first quarter of 2025, Ukraine imported 63,500 tons of bananas valued at $64.7 million. In comparison, banana imports in January-March 2024 amounted to 58,400 tons worth $57.4 million. For the full year of 2023, Ukraine imported 201,000 tons of bananas valued at $201.6 million.

Currently, there are over 40 edible banana varieties, primarily grown in the tropics and subtropics of Asia, Australia, and South America.

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