**Ukraine’s Economy on the Rise Despite War**
Despite Russia’s ongoing attacks, Ukraine’s economy is showing signs of recovery. The country’s exports have increased by 13% to $41 billion in 2024.
**Sea Routes Reopen**
The reopening of sea routes has played a key role in this growth. Maritime freight volumes jumped from 54.8 million tons in 2023 to 87.2 million tons in 2024. This has helped Ukraine’s exports, particularly agricultural goods, which were severely disrupted by the war.
**EU Trade Remains Strong**
Ukraine’s trade with the European Union (EU) also remained strong, with $24.5 billion worth of goods exported this year – an increase of over $1 billion compared to 2023. This accounts for over 59% of Ukraine’s total exports.
**Key Trade Partners**
China was Ukraine’s top export partner in 2024, followed by Türkiye, Egypt, India, and Moldova.
**Industrial Production on the Rise**
Ukraine also saw growth in industrial production, with cable manufacturers and furniture producers performing well. The country prioritizes securing EU market access for sensitive agricultural goods like corn, cereals, and honey.
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