Trade Trend

In 2023, Ukraine's total export value is 36.05Billion USD, total import value is 63.52Billion USD, Deficit is -27.47Billion USD, and foreign trade dependency is 0.557. In 2023，Ukraine's top export products are Sunflower seed, safflower or cottonseed oil and their fractions; whether or not refined, but not chemically modified(4.99Billion USD), Maize (corn)(4.95Billion USD), Wheat and meslin(2.94Billion USD), top export destinations are Poland(4.72Billion USD), Romania(3.76Billion USD), China(2.40Billion USD). In 2023, Ukraine's top import products are Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils(7.83Billion USD), Commodities not specified according to kind(4.90Billion USD), Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(4.06Billion USD), top import origins are China(10.43Billion USD), Poland(6.57Billion USD), Germany(5.06Billion USD).

Comparing to 2022, Ukraine's total export value decreased -8.39Billion USD(-18.88%) in 2023, this could result from its export decreases of products such as Iron ores and concentrates; including roasted iron pyrites(-1.15Billion USD or -39.37%), Maize (corn)(-1.04Billion USD or -17.39%), Sunflower seeds; whether or not broken(-986.71Million USD or -78.11%) and export decreases to countries/economics such as Poland(-1.98Billion USD or -29.51%), Hungary(-1.10Billion USD or -48.27%), Turkey(-578.29Million USD or -19.62%). Comparing to 2022, Ukraine's total import value increased 8.29Billion USD(15.02%) in 2023, this could result from its import increases of products such as Commodities not specified according to kind(2.53Billion USD or 106.56%), Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(1.11Billion USD or 37.80%), Vehicles; for the transport of goods(326.62Million USD or 77.54%), and its import increases from countries/economies such as China(1.77Billion USD or 20.45%), Turkey(1.36Billion USD or 40.54%), Poland(1.09Billion USD or 19.83%).

Cumulated to first 7 months of 2024, Ukraine's total export value is 14.85Billion USD, total import value is 19.55Billion USD, and tradedeficit is -4.70Billion USD. Cumulated to first 7 months of 2024, Ukraine's top export products are Maize (corn)(2.24Billion USD), Sunflower seed, safflower or cottonseed oil and their fractions; whether or not refined, but not chemically modified(1.93Billion USD), Iron ores and concentrates; including roasted iron pyrites(1.57Billion USD), and top export destinations are China(1.99Billion USD), Poland(1.41Billion USD), Spain(1.17Billion USD). Cumulated to first 7 months of 2024, Ukraine's top import products are Maize (corn)(2.24Billion USD), Sunflower seed, safflower or cottonseed oil and their fractions; whether or not refined, but not chemically modified(1.93Billion USD), Iron ores and concentrates; including roasted iron pyrites(1.57Billion USD), and top import origins arePoland(3.32Billion USD), China(2.85Billion USD), Germany(2.02Billion USD).