Exporting guide to Ukraine

Overview

Strategically located at a crossroads for the European, Russian and Asian markets, Ukraine offers a large and developed consumer base, a highly educated workforce, low labour costs and abundant natural resources.

For questions on trading with Ukraine, contact the export support team.


Trade links with the UK

In the 12 months to the end of September 2021, total UK exports to Ukraine amounted to £748 million, resulting in an increase of 7.6% compared to the previous year (ONS, Q3 2021). This highlights a growing demand for UK goods and services in Ukraine which UK businesses looking to export could benefit from.

Demand for goods and services

In the 12 months to the end of September 2021, the top goods exported from the UK to Ukraine were specialised machinery, medicinal and pharmaceutical products, cars, other chemicals and textile fibres (ONS, December 2021). In terms of services, the top services imported by Ukraine from the UK were travel, business services, personal, cultural, recreational, telecommunications, computer and information services (ONS, Q3 2021). Therefore, if you operate in one of these industries, Ukraine could be a good market for you.

Historic buildings in Ukraine

Ukraine: at a glance

Currency

Hryvnia

Business language

Ukranian and Russian

You may need a translator

GDP per capita

$4,828

The UK is $47,203 (IMF, 2021, projected figures)

Economic growth

3.4%

(IMF, projected figures)

Time zone

GMT +3

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Check for trade barriers

Trade barriers, such as tariffs or taxes, can raise costs, cause delays, or even stop you from exporting. Check for any issues that may impact your business when exporting.

See current trade barriers

See resolved trade barriers

Check duties and customs

Find information on how to export goods from the UK. View the duties, rules, restrictions, and the documents you need for your products.

See current duties and customs procedures

Next steps

DIT can advise you on doing business abroad, and help put you in touch with other people who can help such as lawyers and distributors.