Tatyana Gracheva

EU statistics agency Eurostat reported on December 2 a decrease of both EU imports from Ukraine (-5.8 per cent) and EU exports to Ukraine (-5.3 per cent) in the third quarter of 2025 compared with the previous quarter.
Notably, the decrease of imports attained 19.1 per cent. Meanwhile, the increase of exports reached 4.4 per cent, compared with the same quarter of the previous year.
Q2 2025 was the peak of the EU trade surplus with Ukraine (6.4 billion euro). Then, it fell to 6.0 billion euro in Q3 2025.
As for the share for Ukraine in extra-EU exports, it increased from 1.3 per cent in Q3 2021 to 1.7 per cent in Q3 2025. Opposingly, its share in extra-EU imports fell down from 1.3 per cent to 0.8 per cent in the reporting period.
According to Eurostat, the EU has recorded deficits in food, drinks and tobacco, as well as in raw materials, since Q2 2022.
The EU’s Autonomous Trade Measures (ATMs) for Ukraine and suspended tariffs and quotas possibly drive these deficits, reflecting increased imports of these products.
Simultaneously, the EU increased its exports of machinery, vehicles, and other manufactured goods to support Ukraine’s domestic production.
In general, the role of these exports in sustaining Ukraine’s infrastructure and industrial capacity is crucial. This trade dynamic makes the overall EU trade balance increase progressively to six billion euro in surplus in Q3 2025.
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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The prospects of establishing joint trade relations with third countries in the agricultural sector were in the spotlight of Azerbaijani – Georgian discussions at a meeting between Azerbaijani Agriculture Minister Majnun Mammadov and Gela Samkharauli, Chairman of the Agrarian Committee of the Georgian Parliament.
Agriculture Minister Majnun Mammadov has led the Azerbaijani delegation during an official visit to Georgia since November 26.
As the Center for Analysis of Economic Reforms and Communications of Azerbaijan reports, agricultural and agro-industrial exports increased by 19.1% year-on-year in January-October, reaching $1.03 billion.
Also, the volume of agricultural products increased by 27.5% and reached $769.7 million. Meanwhile, agro-industrial products decreased by 0.34% and attained $260 million.
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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Collaboration between Serbia and Ukraine in agriculture, food processing, sectoral restoration, trade, and agro-technology is developing. Notably, imports of Ukrainian agricultural commodities, particularly corn, wheat, oilseeds, and semi-finished products for the food industry to Serbia are going to increase. From its part, Ukraine is planning to import Serbian meat, dairy products, and animal feed.
The countries expect to circumvent existing transit limitations and facilitate more efficient movement of goods between then due to joint logistics corridors. As a result, bilateral agricultural trade volumes between Ukraine and Serbia are growing consistently in recent years. They intend to unveil a roadmap aimed at further deepening their cooperation within the agricultural sector early in 2026.
Moreover, a Ukrainian government delegation will travel to Israel in two weeks to meet the Joint Ukrainian-Israeli Commission on Trade and Economic Cooperation for the first time since 2021. The discussions will touch agricultural collaboration, economic initiatives, and artificial intelligence technologies.
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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As South Korea’s state-run trade promotion agency said, a new office has been opened on Sunday in Georgia to help Korean companies tap opportunities in the emerging Caucasus region.
It is the Korea Trade-Investment Promotion Agency’s first trade outpost in Georgia and its 130th overseas office. The office will be KOTRA’s strategic foothold in the Caucasus region (Georgia, Armenia and Azerbaijan) and a logistics and trade gateway between Europe and Asia.
Nearly 150 officials and business leaders from both countries, including KOTRA President Kang Kyung-sung, Georgian Deputy Minister of Economy and Sustainable Development Tamar Ioseliani, Georgian Deputy Foreign Minister Aleksandre Khvtisiashvili, Georgian Chamber of Commerce and Industry Vice Chair Magda Bolotashvili and South Korean Ambassador to Georgia Kim Hyon-du attended the launch ceremony on Friday.
As KOTRA said, the Tbilisi office will play a key role in exploring Global South markets and advancing Korea’s export diversification strategy.
Last year the countries signed an Economic Partnership Agreement that will eliminate more than 90 percent of tariffs within 10 years, including those on Korea’s top export item to Georgia (automobiles) and consumer goods such as food and beauty products.
Also, KOTRA and the Georgian Chamber of Commerce and Industry signed a memorandum of understanding to strengthen information sharing and partnership with local companies.
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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