Where Can You Find the Latest Import Data for Ukraine?

tendata blogImport News

ten data blog24-04-2024

Ukrainian import data shows that in March 2024, Ukraine's long product imports increased by 15.4% month-on-month to 8.44 million tons. Compared to March 2023, imports increased by 64.7%. The import cost increased by 19.5% compared to February, and by 40.4% compared to the same month last year, reaching $10.54 million.

From January to March, Ukraine's long product imports increased by 34.7% compared to the same period in 2023, to 25,800 tons. The import value increased by 18.9% year-on-year, reaching $30.3 million.

The majority of imports were angle bars, sections, and special profiles made of non-alloy steel (HS 7216) - 12,710 tons valued at $10.98 million. The supply of such products to Ukraine increased by 145% month-on-month in March, compared to no imports in March 2023. The import cost reached $3.95 million (an increase of 118.3% month-on-month). Turkey is the main supplier of angle bars, sections, and special profiles, accounting for 56.9% of the supply in monetary terms.

From January to March, Ukrainian consumers also imported 4.67 million tons of other untreated twisted carbon steel bars (HS 7214) for $4.59 million. In March, the import volume was 126 tons (-47.2% m/m, -29.4% y/y) for $1.83 million (an increase of 1.1% month-on-month, and 13.5% year-on-year). Turkish producers shipped 57.5% of the total import volume to the Ukrainian market.

Imports of other alloy steel (HS 7228) bars reached 2.86 million tons, valued at $4.48 million. In March, the country imported 0.7 thousand tons (-37.2% m/m, -60% y/y) of the corresponding product, valued at $1.06 million (-37.8% m/m, -58.4% y/y). Turkey accounted for 34.9% of the related products.

These three types of long products account for over 78% of Ukraine's total imports of related products. Other suppliers include Germany, Poland, the Czech Republic, India, China, Malaysia, and others.

Where Can You Find the Latest Import Data for Ukraine?

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Customs data contains a vast amount of information, and extracting relevant customer contact information can be time-consuming. Is the outcome truly unsatisfactory, or is it due to using customs data in the wrong way, resulting in wasted effort and time?

Utilizing customs data for customer development involves accurately profiling all purchasers and their procurement systems in the target market. This approach swiftly identifies the highest compatibility customers, assesses their credit systems and procurement details, pinpoints premium customers and profit potential, enhances development efficiency, and elevates results. When developing new clients using customs data, consider the following three approaches for reference. (>>>Click to Get Free Access to Customs Data from 90+ Countries<<<)

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1. Establishing a Customer Resource Repository by Country

Creating a customer resource repository is akin to your own work record sheet. Begin by utilizing trade tracking functionality to compile a list of all customers from a particular country. Next, perform specific analyses based on factors such as each purchaser's procurement volume, purchase cycle, product specifications, and supplier systems (with emphasis on examining the diversity or singularity of their supply channels; preferably retaining customers with diversified suppliers, as those relying on a single supply channel may be harder to develop). Lastly, filter out the potential high-quality customers constituting 30% of this country's total, and record them in your customer resource repository, allowing flexible categorization by country, time, customer name, follow-up steps, contact numbers, emails, and contacts. (>>>Click to Start Developing Customers for Free<<<)

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2. Creating a Customer Resource Repository by Peer Companies

Have a solid understanding of peer companies' English names (including full names, abbreviations, etc.). Utilize the global networking capability of suppliers to generate a list of all clients associated with peer companies within the system. Following this, perform essential analyses on these clients based on factors like procurement volume, procurement cycle, product models, and others. Ultimately, identify and record the key customers of your targeted peer companies in your customer resource repository.(>>>Click to Start Developing Customers for Free<<<)

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3. Cataloging New Customers from Each Country

For newly emerging customers from specific countries, use the trade search function to select the country, set the date range and limit product names or customs codes. Check "Newest," and the search results will display high-quality customers that emerged most recently in that country within the designated timeframe. Since these customers are newly established, with recent procurement transactions, their supplier stability might be unsteady. Therefore, prioritize following up with these new potential buyers. Lastly, record all these new prospects in your customer resource repository.、(>>>Click to Start Developing Customers for Free<<<)

All three strategies for utilizing customs data to develop customers can be tailored to your company's actual needs. Depending on market conditions, industry specifics, strategic requirements, etc., find the approach that suits you best, with the sole aim of classifying and organizing your premium customers. Once you've found suitable customers, the next step is to contact them precisely, employing various methods such as phone calls, emails, and online chats.

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