Light Industry of Ukraine

by Olha Povaliaieva
Wednesday, October 27, 2021
1 MIN
Light Industry of Ukraine

For the most part, the light industry is aimed at domestic consumers, however, there are also goods for export

In total, approximately 2.3 thousand light industry enterprises are registered in Ukraine. It is worth paying attention to the fact that 99% of enterprises are registered as private individuals, and only 1% are state-owned. In total, the pharmaceutical industry of Ukraine includes the textile industry, sewing, knitwear, leather and haberdashery, footwear, fur, and art. Special mention should be made of the technical sector: companies producing cords, cords, ropes, artificial leather, fire hoses. For production, both raw materials from Ukraine (flax, leather, fur, chemical fibers, wool) and imported (wool, cotton, textiles) are used.

Most of all, Ukraine exports to:

  • Germany — 40%;
  • France — 9%;
  • Poland — 7%.

In 2018, Ukraine exported goods worth $47.3 million. Since the total import figure still exceeds this figure, investing in light industry enterprises in Ukraine is a very smart decision. In Ukraine, you will always find your client and a field for business development.

You will be interested