Ukrainian market is among the top twenty economies of the world with around 3.350.000 active companies.
The economic growth of the country has reached a very high point, with the percentage of the PIL around 4,6% in the first quarter of 2019. This growth is a clear signal of the health of the country and the rapid growth of local companies.
From the graphic above, we can see how the Retail Trade sector is the first one, with around 26,87% of all market.
In the second place we find sector theWholesale Trade with 24,98% while the third one is the Manufacturingwith 7,76%.
The Retail Trade sector comprises establishments engaged in retailing merchandise, generally without transformation, and rendering services incidental to the sale of merchandise. The retailing process is the final step in the distribution of merchandise; retailers are, therefore, organized to sell merchandise in small quantities to the general public. This sector comprises two main types of retailers: store and nonstore retailers.
The Wholesale Trade sector comprises establishments engaged in wholesaling merchandise, generally without transformation, and rendering services incidental to the sale of merchandise. The merchandise described in this sector includes the outputs of agriculture, mining, manufacturing, and certain information industries, such as publishing.
The Manufacturing sector comprises establishments engaged in the mechanical, physical, or chemical transformation of materials, substances, or components into new products.
Ukraine market is an interesting reality to explore and the economic growth of the last years represents an important prospect and it would be interesting to develop a strategic partnership with local companies.