In November 2025, $395.9 million worth of goods were exported, down 3.2% from October 2025 but up 18% from the same month in 2024.
In January-November 2025, exports of goods totaled $3431.2 million, up 4.4% from the corresponding period in 2024. A month earlier, the increase was 2.9%, and for the first 8 months of this year it was negative, with a 2.5% drop.
“Interestingly, while in September, the export of agricultural products in fresh and processed form accounted for a 54% increase in total exports, in October – by 66%, in November 2025. – by all 100%,” commented economic analyst Volodymyr Golovatyuk on these data.
Total exports increased by $60.4 million, while exports of food and agricultural raw materials increased by $61.1 million.
The picture is the same for the 11 months as a whole. Exports increased by $146 mln, and exports of agricultural products in fresh and processed form – by $153 mln.
That is, the available growth was entirely due to a good harvest. Therefore, it is clear why the increasing trend of supplies abroad started in September – with the beginning of harvesting of the main export crops.
This is if we talk about growth. However, other positive indicators were also noted in the export structure.
Thus, the export of oilseeds and fruits increased by 1.6 times, clothing and accessories – by 12.2%, metal ores and scrap metal – by 38.7%, non-metallic mineral products – by 13.7%, metal products – by 33%, professional, scientific and control instruments and apparatus – by 28.1%, footwear – by 45.4%, iron and steel – by 53.5%, which together contributed to the growth of total exports by as much as 8.8%.
At the same time, the export of oil, oil products and related products decreased by 26.4%, alcoholic and non-alcoholic beverages (-11.5%), cereals and cereal products (-7.1%), vegetable fats and oils raw, refined or fractionated (-18.3%), industrial equipment and general purpose machinery, as well as parts and spare parts thereof (-25.1%), road vehicles (-29.1%), which offset the growth of total exports by 3.9%.
Exports of domestically produced goods for 11 months amounted to $2699.9 million or 78.7% of total exports. This is 7.9% more than in the same period of 2024.
Re-exports of foreign goods in January-November 2025 amounted to $731.3 million (21.3% of total exports), which is 6.6% less than in the same period of 2024. The share of foreign goods re-exported after substantial processing amounted to 14.6% of total exports, while classical re-export of foreign goods amounted to 6.7%.
In January-November 2025, imports of goods totaled $9823.2 million, up 19.5% compared with the corresponding period of 2024 and 15.1 percentage points higher than the increase in exports. That is, imports continue to grow much faster than exports.
This led to the accumulation of a trade deficit of $6392 million, which is $1457.3 million (+29.5%) more than in the same period of 2024.
