Tatyana Gracheva

Media report the rise of tariffs on Ukrainian goods from the part of EU

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As the Financial Times said on Wednesday, the European Union is preparing to raise tariffs on certain Ukrainian goods.
After the beginning of the Ukrainian crisis, the majority of Ukrainian goods got duty-free access to the EU market as transitional measures until June 6, 2025.
According to the Financial Times, the situation will continue while the two sides are updating their overall trade agreement.
Nevertheless, the tariff-free quotas of agricultural products would be drastically cut by this transitional proposal, recently sent to EU member states.
As the Financial Times said, the EU followed the example of Poland and is trying to protect European farmers from cheaper products from Ukraine.
NH Logistics UKR has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Ukraine and Eurasia, supporting many clients with their import/export shipments.

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EU going to raise tariffs on goods from Ukraine – media

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The European Union is preparing to raise tariffs on certain goods from Ukraine, the Financial Times said on Wednesday, citing its sources. “The EU is preparing to apply much higher tariffs on Ukrainian imports within weeks,” the Financial Times said. As the Ukraine crisis began, the EU allowed duty-free imports of the majority of Ukrainian … Read more

Kazakhstan, Serbia Keen To Expand Strategic Partnership

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President of Kazakhstan Kassym-Jomart Tokayev has held talks with Serbian President Aleksandar Vučić, Trend reports via Akorda. During their meeting, President Tokayev warmly recalled his official visit to Belgrade in November last year, emphasizing its importance in strengthening mutual understanding and developing multifaceted cooperation between Kazakhstan and Serbia. He highlighted the agreements signed at that … Read more

Exports up 41%, imports down 3.6% in April

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External Merchandise Trade (excluding non-declared trade) of Georgia amounted to USD 7 755.7 million in January-April 2025, 15.3 percent higher year-on-year. The value of export increased by 14.2 percent reaching USD 2 014.4 million, while the import increased by 15.7 percent and amounted to USD 5 741.3 million. The trade deficit equaled USD 3 726.9 … Read more

European Commission will not extend DCFTA for Ukraine but only upgrade it

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As European Commission Spokesperson Olof Gill said in Brussels on Wednesday, the European Commission will update the Deep and Comprehensive Free Trade Agreement (DCFTA) with Ukraine instead of extending the Autonomous Trade Measures (ATM).
As he said, the European Commission’s current priority is “to work on the review of the EU-Ukraine Deep and Comprehensive Free Trade Area”.
Also, Gill spoke about possible transitional measures in case the negotiations for reviewing the DCFTA are not finalized and applied by the 6th of June.
Ukraine has had liberalized trade with the EU since June 2022.
NH Logistics UKR has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Ukraine and Eurasia, supporting many clients with their import/export shipments.

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Georgia increased total beverage exports by 10% from 2017 to 2023, but decreased exports to the EU

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The report published by PLC Research says that Georgia increased total beverage exports at a CAGR of 10% from 2017 to 2023, and it reached USD 463 million in 2023. However, the increase of SME exports had a lower CAGR of 6%, while the growth of the value added in the sector had a CAGR of 11% and reached GEL 739 million in 2023 (1.9% of total value-added).
Nevertheless, there is a significant decline of the EU’s share in total beverage exports from 2017 to 2023 due to limited access to quality raw materials, outdated machinery, a shortage of skilled labor (particularly outside Tbilisi), and logistical constraints.
Another challenge is compliance with EU standards and Deep and Comprehensive Free Trade Area (DCFTA) regulations due to the high cost of obtaining certification and a lack of specialized expertise among SMEs.
Also, high interest rates, limited trade finance options, and cash flow challenges when exporting directly to supermarkets constrain access to financing for export operations.
The document reports that significantly higher shares of total exports and exports to the EU compared to other beverage types were accounted for “ethyl alcohol, spirits, liqueurs, and other spirituous beverages” and “natural/artificial mineral and aerated waters” from 2017 to 2023.
Nevertheless, different composition of other most exported beverage types in the two cases demonstrated different consumer preferences and market conditions in the EU. For example, 15% of total beverage exports belonged to “Flavored mineral aerated waters, containing added sugar or sweetening matter”, but only 2% of exports to the EU. In the same way, the share of “beer” exports was relatively small in exports to the EU compared to total exports. Opposingly, “fruit and vegetable juices” were more successful in exports to the EU.
NH Logistics GEO has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Georgia and Eurasia, supporting many clients with their import/export shipments.

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External trade, March 2025

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The overall external trade in the Republic of Serbia for the period January – March 2025 amounted to: – USD 18479.6 million – which was an increase of 4.1% compared to the same period last year; – EUR 17587.2 million – which was an increase of 7.7% compared to the same period last year. The … Read more

European Commission to upgrade DCFTA for Ukraine instead of extending Autonomous Trade Measures

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Instead of extending the Autonomous Trade Measures (ATM) for Ukraine, which expire on June 5, the European Commission will update the Deep and Comprehensive Free Trade Agreement (DCFTA) with the country to offer long-term predictability and stability to operators in both the EU and Ukraine, Ukrainian media quoted European Commission Spokesperson Olof Gill as saying … Read more

Georgia’s top trade partners in January-March were Russia, Türkiye and China

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The exports of Georgia (excluding non-declared exports) reached USD 1 401.2 million in January-March 2025 (5.7 percent higher year-on-year). The domestic exports had the share of 45.8 percent in total exports constituted (USD 641.8 million, 0.1 percent lower to the same period of 2024).

As for the total domestic exports of Georgia in January-March 2025, the share of the top ten trading partners amounted to 67.4 percent. Russia (USD 122.0 million), Türkiye (USD 66.9 million) and China (USD 47.5 million) were the top partners.

In the reporting period, the first place in the list of top domestic export item belonged to precious metal ores and concentrates (USD 53.0 million, or 8.3 percent of total domestic exports). Particularly, exports of wine of fresh grapes amounted to USD 49.6 million and had the share of 7.7 percent in the total domestic exports. The third place in the domestic exports was occupied by Spirituous beverages (USD 45.4 million, 7.1 percent of the total domestic exports).

NH Logistics GEO has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Georgia and Eurasia, supporting many clients with their import/export shipments.

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