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Trade between Ukraine and the United States

In 2024, Ukraine exported $1 billion to the United States and imported $3.3 billion. Ukraine ran a deficit of $2.3 billion with the United States, compared with a deficit of $2.2 billion in 2019. The United States was Ukraine’s 5th largest trading partner (4% of its trade), and Ukraine was the United States’ 71st (0.1%).

Summary

Ukraine → United States
$1billion
United States → Ukraine
$3.3billion
Ukraine’s balance
-$2.3billion

Balance

Ukraine’s trade balance with the United States

Trade between Ukraine and the United States grew 6.6-fold since 1995

USD billions (current). Ukraine’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 1
  • Imports 3.3
  • Balance -2.3

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$466 million$190 million$277 million
1996$520 million$615 million-$95 million
1997$498 million$678 million-$180 million
1998$610 million$605 million$5 million
1999$596 million$438 million$158 million
2000$813 million$359 million$454 million
2001$633 million$432 million$201 million
2002$576 million$528 million$47 million
2003$709 million$492 million$217 million
2004$1.6 billion$573 million$980 million
2005$1.1 billion$698 million$409 million
2006$1.5 billion$915 million$622 million
2007$1.2 billion$1.5 billion-$248 million
2008$2.1 billion$2.7 billion-$511 million
2009$358 million$1.2 billion-$854 million
2010$968 million$1.8 billion-$784 million
2011$1.3 billion$2.5 billion-$1.2 billion
2012$1.2 billion$2.8 billion-$1.5 billion
2013$1 billion$2.7 billion-$1.6 billion
2014$847 million$1.8 billion-$986 million
2015$750 million$1.4 billion-$668 million
2016$549 million$1.7 billion-$1.1 billion
2017$985 million$2.4 billion-$1.4 billion
2018$1.3 billion$2.9 billion-$1.6 billion
2019$1.2 billion$3.4 billion-$2.2 billion
2020$1.2 billion$3.1 billion-$1.9 billion
2021$1.7 billion$3.2 billion-$1.4 billion
2022$1.1 billion$2.2 billion-$1.1 billion
2023$686 million$2.6 billion-$1.9 billion
2024$1 billion$3.3 billion-$2.3 billion

What they sell each other

What Ukraine sells to the United States

The top 10 headings in 2024, with their share of the total.

  1. Pig iron$375 million · 35.7%
    950 thousand tonnes · the United States’ sources
  2. Seamless steel pipes$115 million · 10.9%
    92 thousand tonnes
  3. 34 thousand tonnes
  4. Fruit and vegetable juices$35 million · 3.4%
    19 thousand tonnes
  5. Steel wire rod$29 million · 2.8%
    36 thousand tonnes
  6. 6 thousand tonnes
  7. Furnishing textiles$26 million · 2.5%
    2 thousand tonnes
  8. Titanium ore$26 million · 2.5%
    32 thousand tonnes
  9. Natural honey$25 million · 2.4%
    12 thousand tonnes
  10. 969 tonnes

What the United States sells to Ukraine

The top 10 headings in 2024, with their share of the total.

  1. Cars$786 million · 23.8%
    91 thousand tonnes · the United States’ destinations
  2. Refined petroleum$413 million · 12.5%
    440 thousand tonnes · the United States’ destinations
  3. Bombs, missiles and ammunition$117 million · 3.5%
    940 tonnes
  4. Trucks$105 million · 3.2%
    9 thousand tonnes · the United States’ destinations
  5. Coal$98 million · 3%
    373 thousand tonnes · the United States’ destinations
  6. Polyethylene$97 million · 2.9%
    75 thousand tonnes · the United States’ destinations
  7. Frozen fish$82 million · 2.5%
    30 thousand tonnes
  8. Sunflower seeds$72 million · 2.2%
    6 thousand tonnes
  9. Generating sets$70 million · 2.1%
    696 tonnes
  10. 91 tonnes

How it travels

Estimated sea route from Odesa to Los Angeles.

The estimated sea route between Odesa and Los Angeles is 9,692 nautical miles (17,950 km) long: ≈ 22.5–29 days at sea (at 18 and 14 knots).

Passages it crosses: Bosporus, Dardanelles, Strait of Gibraltar and Panama Canal.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$3.3 billion · 76.7%
  2. Air$1 billion · 23.3%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

The United States was Ukraine’s 5th largest trading partner (4% of its trade), and Ukraine was the United States’ 71st (0.1%).

The United States in Ukraine’s trade
3.7%
The United States’ rank among Ukraine’s partners
5th
Ukraine in the United States’ trade
0.1%
Ukraine’s rank among the United States’ partners
71st

Compare with

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. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.