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Ukraine trade in 2024

In 2024, Ukraine exported $46.4 billion and imported $70.4 billion, a trade deficit of $24 billion. It was the world's 61st-largest exporter, with 0.2% of world exports. Its top export was corn (12.8% of the total) and its main trading partner was China (14.6% of its trade).

Summary

Exports
$46.4billion
Imports
$70.4billion
Trade balance
-$24billion
Routes to the main partners. Width: trade value; color: estimated transport mode.SeaAirLand
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Products

What it exports

Corn (12.8%) and sunflower, safflower and cottonseed oil (11.7%) together make up 24.5% of its exports.

  1. Corn$5.9 billion · 12.8%
    Main partner: China
  2. Sunflower, safflower and cottonseed oil$5.4 billion · 11.7%
    Main partner: India
  3. Wheat$4.6 billion · 10%
    Main partner: Egypt
  4. Iron ore$3 billion · 6.4%
    Main partner: China
  5. Rapeseed (canola)$1.9 billion · 4.2%
    Main partner: Germany
  6. Soybeans$1.4 billion · 3.1%
    Main partner: Egypt
  7. Cables and wire$1.4 billion · 2.9%
    Main partner: Germany
  8. Meal from other oilseeds$1.1 billion · 2.3%
    Main partner: China
  9. Poultry meat$979 million · 2.1%
    Main partner: Netherlands
  10. Semi-finished steel$969 million · 2.1%
    Main partner: Bulgaria

What it imports

Refined petroleum (9.7%) and cars (6.5%) together make up 16.2% of its imports.

  1. Refined petroleum$6.8 billion · 9.7%
    Main partner: Greece
  2. Cars$4.6 billion · 6.5%
    Main partner: United States
  3. Bombs, missiles and ammunition$2.9 billion · 4.1%
    Main partner: Poland
  4. Medicines in measured doses or retail packs$2 billion · 2.8%
    Main partner: Germany
  5. Video recorders and players$1.8 billion · 2.5%
    Main partner: China
  6. Cameras and broadcast equipment$1.3 billion · 1.9%
    Main partner: China
  7. Trucks$1 billion · 1.4%
    Main partner: Poland
  8. Batteries$985 million · 1.4%
    Main partner: China
  9. Natural gas and LPG$850 million · 1.2%
    Main partner: Lithuania
  10. Pesticides and herbicides$836 million · 1.2%
    Main partner: China

Its products

Destinations and sources of its products that have their own page.

By Harmonized System chapter (96)
ChapterExportsImports
10 · Cereals$11.2 billion$134 million
15 · Fats and oils$6.1 billion$360 million
12 · Oilseeds and grains$3.6 billion$412 million
72 · Iron and steel$3.4 billion$1.5 billion
26 · Ores and slag$3.1 billion$33 million
85 · Electrical and electronic equipment$2.6 billion$10.1 billion
44 · Wood$1.6 billion$220 million
23 · Animal feed and food waste$1.6 billion$422 million
02 · Meat and offal$1.1 billion$100 million
73 · Iron and steel products$1 billion$1 billion
84 · Mechanical machinery$981 million$6.8 billion
94 · Furniture and lighting$909 million$431 million
17 · Sugar and sweets$686 million$101 million
27 · Oil, gas and coal$513 million$9.2 billion
04 · Dairy, eggs and honey$504 million$321 million
08 · Fruit and nuts$424 million$767 million
19 · Baked goods and cereal products$389 million$278 million
39 · Plastics$369 million$3 billion
22 · Beverages and spirits$364 million$798 million
25 · Salt, stone and cement$347 million$251 million
62 · Woven clothing$326 million$457 million
20 · Preserved fruit and vegetables$325 million$283 million
48 · Paper and paperboard$296 million$941 million
18 · Cocoa and chocolate$280 million$547 million
30 · Pharmaceuticals$272 million$2.4 billion
86 · Railway equipment$250 million$52 million
07 · Vegetables$216 million$313 million
28 · Inorganic chemicals$210 million$359 million
21 · Food preparations$185 million$538 million
70 · Glass$168 million$319 million
63 · Home textiles and used clothing$165 million$343 million
87 · Vehicles$160 million$8.2 billion
83 · Miscellaneous metal goods$156 million$340 million
29 · Organic chemicals$156 million$784 million
64 · Footwear$139 million$456 million
95 · Toys and sports gear$138 million$327 million
11 · Milling products and malt$136 million$32 million
76 · Aluminum$136 million$446 million
61 · Knitted clothing$134 million$522 million
90 · Precision and medical instruments$117 million$1.9 billion
93 · Weapons and ammunition$115 million$3.7 billion
68 · Stone, plaster and cement articles$111 million$174 million
24 · Tobacco$107 million$450 million
74 · Copper$93 million$134 million
69 · Ceramics$79 million$209 million
89 · Ships and boats$78 million$42 million
56 · Felt, nonwovens and rope$74 million$157 million
16 · Prepared meat and fish$73 million$205 million
35 · Glues, starches and enzymes$69 million$138 million
33 · Perfumes and cosmetics$58 million$913 million
40 · Rubber$56 million$1 billion
71 · Gems and precious metals$55 million$76 million
03 · Fish and seafood$52 million$886 million
88 · Aircraft and spacecraft$50 million$349 million
01 · Live animals$50 million$87 million
34 · Soap and cleaning products$50 million$483 million
41 · Hides and leather$46 million$106 million
14 · Other plant products$38 million$1 million
42 · Leather goods and bags$36 million$149 million
38 · Miscellaneous chemicals$34 million$1.1 billion
32 · Dyes, paints and tanning agents$29 million$389 million
36 · Explosives and matches$28 million$146 million
82 · Tools and cutlery$27 million$289 million
05 · Other animal products$24 million$33 million
09 · Coffee, tea and spices$21 million$381 million
43 · Fur and fur goods$18 million$2 million
31 · Fertilizers$16 million$1.2 billion
57 · Carpets and rugs$15 million$39 million
49 · Books and printed matter$14 million$30 million
65 · Hats$13 million$33 million
97 · Art and antiques$12 million$79 million
78 · Lead$11 million$2 million
96 · Other manufactured goods$7 million$157 million
66 · Umbrellas and canes$6 million$7 million
60 · Knitted fabric$6 million$226 million
67 · Feathers and artificial flowers$6 million$11 million
59 · Coated and technical textiles$5 million$175 million
58 · Special fabrics and lace$4 million$69 million
55 · Synthetic staple fibers$4 million$173 million
81 · Other base metals$4 million$34 million
06 · Live plants and flowers$4 million$67 million
51 · Wool$3 million$27 million
54 · Synthetic filaments$3 million$275 million
47 · Wood pulp$3 million$91 million
46 · Wicker and basketware$3 million$3 million
45 · Cork$2 million$8 million
13 · Gums and plant extracts$2 million$36 million
91 · Watches and clocks$2 million$35 million
75 · Nickel$1 million$34 million
92 · Musical instruments$1 million$10 million
53 · Other plant fibers$951 thousand$15 million
52 · Cotton$591 thousand$120 million
79 · Zinc$513 thousand$63 million
80 · Tin$486 thousand$4 million
37 · Photographic goods$155 thousand$31 million
50 · Silk$2 thousand$860 thousand

Trading partners

Its main destination is Poland (10.3% of exports) and its main source is China (19.9% of imports).

Who it sells to

PartnerValue (USD billions)ShareMode
Poland4.810.3%Sea
China3.16.6%Sea
Spain3.16.6%Sea
Germany3.16.6%Sea
Turkey2.45.2%Sea
Egypt2.45.1%Sea
Netherlands24.4%Sea
Italy1.94.1%Sea
Romania1.83.9%Sea
Bulgaria1.32.7%Sea

Who it buys from

PartnerValue (USD billions)ShareMode
China1419.9%Sea
Poland9.814%Land
Germany5.78.1%Sea
Turkey3.95.5%Sea
United States3.34.7%Sea
Italy2.33.3%Sea
Romania2.12.9%Land
Hungary22.8%Land
Slovakia1.92.7%Land
Czechia1.82.5%Sea

Overview 1995–2024

In 2024, Ukraine accounted for 0.2% of world exports, compared with 0.13% in 1995.

Exports and imports

Exports grew 7-fold since 1995

USD billions (current). Bars: trade balance (green surplus, red deficit).

  • Exports 46.4
  • Imports 70.4
  • Balance -24

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$6.4 billion$5.5 billion$914 million
1996$16.5 billion$18.1 billion-$1.6 billion
1997$16.4 billion$17.9 billion-$1.5 billion
1998$15 billion$15.3 billion-$267 million
1999$13 billion$12.1 billion$908 million
2000$16.3 billion$14.4 billion$2 billion
2001$18.3 billion$16.6 billion$1.7 billion
2002$20.4 billion$18.4 billion$2 billion
2003$26.5 billion$24.3 billion$2.1 billion
2004$36.6 billion$30.5 billion$6.1 billion
2005$39.3 billion$38.6 billion$648 million
2006$42.8 billion$48.8 billion-$5.9 billion
2007$55.3 billion$65.3 billion-$10 billion
2008$76.4 billion$91.2 billion-$14.8 billion
2009$45.6 billion$48.1 billion-$2.4 billion
2010$58.4 billion$63.8 billion-$5.5 billion
2011$76.1 billion$86.6 billion-$10.5 billion
2012$76.6 billion$89.4 billion-$12.8 billion
2013$68 billion$83.5 billion-$15.5 billion
2014$61.7 billion$58.5 billion$3.1 billion
2015$43.4 billion$40.6 billion$2.8 billion
2016$41.5 billion$42.8 billion-$1.4 billion
2017$49.3 billion$53 billion-$3.7 billion
2018$54.1 billion$61 billion-$6.9 billion
2019$56.6 billion$64.5 billion-$7.8 billion
2020$54.5 billion$56.4 billion-$1.9 billion
2021$72.3 billion$72.8 billion-$470 million
2022$49.8 billion$55.7 billion-$5.9 billion
2023$41.5 billion$63.4 billion-$21.9 billion
2024$46.4 billion$70.4 billion-$24 billion

World rank

Ukraine fell from 58th to 61st among the world's exporters

Rank among 222 countries by export value (1st at the top).

  • 58th in 1995
  • 61st in 2024

Source: CEPII BACI

Show the numbers
YearRank
199558th
199646th
199746th
199844th
199948th
200050th
200147th
200244th
200346th
200444th
200547th
200649th
200749th
200844th
200950th
201050th
201149th
201249th
201353rd
201455th
201551st
201650th
201751st
201852nd
201951st
202047th
202147th
202262nd
202363rd
202461st

What it sells

Cereals became its top export group: from 1% to 24%

% of exports by Harmonized System chapter.

  • Other 28%
  • Animal feed and food waste 3%
  • Wood 3%
  • Electrical and electronic equipment 6%
  • Ores and slag 7%
  • Iron and steel 7%
  • Oilseeds and grains 8%
  • Fats and oils 13%
  • Cereals 24%

Source: CEPII BACI

Show the numbers
Chapter19952024
Cereals1%24.1%
Fats and oils0.65%13.3%
Oilseeds and grains0.62%7.8%
Iron and steel32.9%7.3%
Ores and slag6.1%6.8%
Electrical and electronic equipment0.99%5.6%
Wood0.54%3.5%
Animal feed and food waste0.12%3.4%
Other57.1%28.4%

Who it trades with

China went from 5% to 15% of Ukraine's trade

% of total trade (exports + imports) with each partner.

  • China 15%
  • Poland 13%
  • Germany 7%
  • Turkey 5%
  • United States 4%

Source: CEPII BACI

Show the numbers
Partner19952024
China4.5%14.6%
Poland8.3%12.5%
Germany12%7.5%
Turkey8.8%5.4%
United States5.5%3.7%

Production hubs

Largest industrial emission sources (Climate TRACE, 2025)

  • Dnieper - Donets basinOil and gas · 10.3 Mt CO₂e
  • Starobesheve power stationPower · 7.1 Mt CO₂e
  • ArcelorMittal Kryvyi Rih steel plantSteel · 4.3 Mt CO₂e
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Largest economic production hubs (gridded GDP, 2024)

  • Kyiv$161.2 billion (PPP, 2021 dollars)
  • Kharkiv$52.3 billion (PPP, 2021 dollars)
  • Dnipro$43.4 billion (PPP, 2021 dollars)
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Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. Ranks are computed among the countries with data each year. Services are not included. Data up to 2024.

Neighboring countries

Main partners

See all countries