News

Ukraine’s First Deputy Prime Minister – Minister of Energy Denys Shmyhal met with Germany’s Federal Minister for Economic Affairs and Energy Katherina Reiche as part of a visit by a German government and business delegation to Kyiv.

The parties discussed the implementation of the agreements between President of Ukraine Volodymyr Zelenskyy and German Chancellor Friedrich Merz, in particular support for the energy system ahead of winter, restoration... Read More

Ukraine received €2.9 billion from the EU under the Ukraine Facility.

This is part of the already planned funding under the Ukraine Facility, the receipt of which became possible thanks to Ukraine fulfilling 10 indicators during the first and second quarters of 2026 and previous periods. They relate to the banking sector, energy, agricultural policy, transport, and other areas. In particular, three indicators were fulfilled ahead of schedule.

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The Free Trade Agreement between the governments of Ukraine and Turkey entered into force on 1 October 2026. It was concluded in February 2022 and ratified in July of this year.

The Agreement covers goods of HS chapters 01–97 originating in Ukraine or Turkey. For these goods, customs duties are to be abolished or reduced in accordance with the tariff schedules.

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Ukraine’s IT services exports in August 2026 amounted to $554 million, which is 2.3%, or $13 million, less than in July.

At the same time, compared with August 2025, IT services exports grew by 2.6%, or $14 million.

Ukraine’s total services exports in August stood at $1.367 billion. This is 6.2%, or $90 million, less than in July 2026.

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In the first quarter following the introduction of EU quotas on metal product supplies, Ukrainian metal exporters used 100% of the quarterly guaranteed quota for duty-free delivery to the EU of cold-rolled flat products of non-alloy and alloy steel, hollow sections and other seamless tubes.

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In January–July 2026, the European Union exported agri-food products worth €2.68 billion to Ukraine. This is €239 million, or 10%, more than in the same period of 2025.

At the same time, Ukraine has dropped out of the top 10 importers of European products, being overtaken by Saudi Arabia (€2.74 billion), and ranks second after Egypt (+22%) in terms of the growth rate of purchases.

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On 30 September, the Minister for Restoration, Infrastructure and Transport of Ukraine and the Minister of Transport of the Republic of Uzbekistan signed a Protocol liberalising road freight transport between the two countries.

From now on, bilateral and transit freight transport will be carried out without permits. This eliminates quotas and additional administrative procedures for carriers and simplifies freight connections between Ukraine and... Read More

In 2025, Ukraine imported perfume and cosmetic products from South Korea worth $53.9 million. 

This amount is 2.1 times higher compared to 2021 (when it was $26.09 million).

Meanwhile, in just January–August 2026, imports of cosmetics and perfumery from South Korea already amounted to $63.26 million. 

Thus, in the first 8 months of 2026, imports already exceeded the full-year... Read More

Export prices for Ukrainian rapeseed have fallen significantly more sharply than European ones. 

Rapeseed delivered CPT port has become 5.5% cheaper, FCA Chop – 6.7%, while the November MATIF futures contract fell only 0.3% (to €548, or -€1.75 over the week). The difference between Chop and the port ($560 and $520 respectively) has narrowed nominally from $50 to $40.

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Polish customs has introduced an oral ban on the use of customs warehouses or silos for the temporary storage of Ukrainian grain in transit. No official document establishing such a restriction has been provided to market participants.

The actual ban on such storage will lead to increased wagon downtime, congestion at border crossings and terminals, as well as higher logistics costs. This may create problems with the fulfilment of international... Read More