Doing business
Dnipropetrovsk Investment Agency (DIA) has prepared an overview of the international cooperation of Ukraine and Dnipropetrovsk region amid the aggression of the russian federation. The material focuses on the support of the Kingdom of Sweden and foreign trade indicators based on DIABASE data.
Since the beginning of russia’s full-scale invasion of Ukraine, Sweden has remained one of the most consistent and systematic partners of our country. Its support covers military, financial, humanitarian, energy and institutional assistance, as well as the areas of recovery and European integration of Ukraine.
The partnership is implemented under the Strategy for Support to Ukraine in the Area of Recovery and Reforms 2023–2027, adopted by the Government of Sweden in 2023, with a total budget of approximately €830 million. This is the largest bilateral international development assistance strategy in the history of the Kingdom of Sweden. In 2023–2025, the volume of support to Ukraine under the strategy amounted to approximately €560 million.
In 2025, the city of Dnipro received equipment for processing wood waste into fuel briquettes, provided by the United Nations Development Programme (UNDP) in Ukraine, funded by the Government of Sweden through Sida — the Swedish International Development Cooperation Agency. The total value of the equipment was approximately €36,000.
In 2025, the Government of Sweden significantly increased the scale of its military assistance to Ukraine. In March, the largest military support package since the beginning of the full-scale war was announced — approximately €1.4 billion. Total Swedish support to Ukraine in 2025 reached approximately €2.6 billion. The assistance included air defense systems, artillery, ammunition, naval capabilities, armored vehicles, satellite communications and the procurement of weapons for transfer to Ukraine.
In the same year, Stockholm also directed approximately €420 million to international funds and coalitions to strengthen Ukraine’s defense capabilities. The funds were used to procure weapons, ammunition, drones, protection systems and to support Ukraine’s defense industry. Sweden paid particular attention to supporting Ukraine’s high-technology defense capabilities, including Archer artillery systems, Arthur radars, unmanned aerial vehicle technologies and the development of defense-tech cooperation.
In early 2026, the Kingdom of Sweden continued to increase its assistance to Ukraine. In February, a new large-scale military support package of approximately €1.1 billion was announced. It included advanced air defense systems, long-range weapons, ammunition, innovative military solutions and funding for international programmes to train Ukrainian military personnel.
In parallel with military assistance, Sweden continued civilian and budget support to Ukraine through the EU Ukraine Facility mechanism. In 2025, Sweden provided approximately €65 million in direct budget support and approximately €87 million for technical assistance, reform programmes and institutional resilience.
In late 2025, Sweden also announced an additional allocation of approximately €174 million in budget support to Ukraine through the Ukraine Facility for 2026. The funds are directed at maintaining the operation of state institutions, energy, healthcare, education and social services under wartime conditions.
In autumn 2025, the Government of Sweden presented a new civilian support package for Ukraine worth over €95 million. The assistance was directed at humanitarian needs, preparing for the winter period, restoring energy and critical infrastructure, and supporting Ukrainian communities.
Swedfund — Sweden’s Development Finance Institution (DFI), wholly owned by the Swedish government — also supports Ukraine during the war, primarily through investments in economic resilience, critical infrastructure, food security, innovation and the private sector. In 2025–2026, Swedfund implemented a number of major investment initiatives for Ukraine:
The development of mutually beneficial trade and economic cooperation also remains an important priority for both countries. An analysis of export and import operations between Dnipropetrovsk region and Sweden demonstrates a high level of partnership, as Sweden is an important trading partner of the region.
For the first nine months of 2025, the volume of goods exported from Dnipropetrovsk region to the Kingdom of Sweden amounted to $3.5 million, representing an increase of 8.6% compared to the same period in 2024. Products in demand among Swedish buyers include ferrous metal products, parts for railway locomotives, furniture, ferrous metals, processed grain products and other goods.

Export operations were carried out by approximately 30 enterprises from Dnipropetrovsk region. The main exporters are metallurgical, mechanical engineering, processing and agricultural enterprises.
TOP 5 exporting enterprises (ranked by export volume):

Imports of goods from Sweden to Dnipropetrovsk region amounted to $42.1 million and increased by 11% compared to the same period in 2024. The region traditionally imported pharmaceutical products, ferrous metals, fats and vegetable oils, textile materials and other goods.

Import operations were carried out by over 110 importing enterprises.
TOP 5 importing enterprises (ranked by import volume):

Import operations were carried out primarily by pharmaceutical, trading, processing and food enterprises.
Information for this article was compiled from publicly available sources.