Ukraine’s trade deficit exceeds $8 billion in early 2026

In January–February 2026, Ukraine’s imports reached $14.8 billion, while exports totaled $6.5 billion, resulting in a trade deficit exceeding $8 billion, according to Member of Parliament Nina Yuzhanina, as reported by ProAgro Group.

Taxable imports amounted to $5.2 billion, accounting for 78% of total imports. The largest import partners were China ($4 billion), Poland ($1.4 billion), and Turkey ($1.1 billion).

The main export destinations were Poland ($713 million), Turkey ($563 million), and Italy ($428 million).

In the structure of imports, 71% of the total volume was concentrated in three categories:

  • machinery, transport, and equipment — $6 billion;
  • energy resources and fuels — $2.6 billion;
  • chemical products — about $2 billion.

The top export categories included:

  • agricultural products and food — $4 billion;
  • metallurgy and metal products — $589 million;
  • machinery and transport equipment — $532 million.

Ukraine’s export structure remains largely unchanged, with food products and raw materials continuing to dominate.

As previously reported, the 2026 State Budget provides that the main share of government revenues will be generated from VAT on imports, which is expected to reach UAH 683.6 billion this year.

Source: Mind

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