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2018/03/30 16:32:53

Foreign trade of Ukraine

Main article: Economy of Ukraine

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Main article: Economy of Ukraine

2024: The lion's share of grain exports from Ukraine goes through ports on the Danube and on the Black Sea

In February 2024, Ukraine announced that it plans to create an additional route along the Danube to increase exports to 2021 levels, as a dispute with Poland over the supply of agricultural products blocks the land border with the EU.

The lion's share of grain exports from Ukraine goes through ports on the Danube and on the Black Sea

2023

Share of Russia and Ukraine in wheat supplies to African countries

Data as of July 2023

China, Spain and Turkey are the largest recipients of grain from Ukraine as part of a "grain deal"

In total, during the period of the grain deal, Ukraine exported almost 33 million tons of grain - for the most part to China (8 million tons), Spain (6 million tons) and Turkey (3.2 million). At the same time, the rhetoric of the grain deal was also in order to "prevent hunger in poor countries" - but the grain did not reach them.

Of the poor countries, Egypt is in 6th place (1.6 million tons) and Bangladesh is in 7th place (1.1 million).

6th in the world in terms of wheat exports and a reduction in global market share

According to data available for March 2023.
Shares of Russia and Ukraine in world wheat exports, as of June 2023

2022

IT services in Ukraine remained the only area with growing exports

IT services in Ukraine remained the only area with growing exports in 2022. Such data were released in March 2023. Read more here.

Grain exports worth $8.1 billion

Grain exports brought Ukraine $8.1 billion in 2022. Due to the resumption of agricultural exports, Ukraine survived economically.

How to export grain from Ukraine

Record volume of trade with the EU

The trade turnover of Ukraine and the EU is at its maximum in history, and exports from Ukraine to the EU in October 2022 updated their historical maximum, approaching 3 billion euros. Military turnover is not taken into account here.

Spydell Finance Data

Trade slump with China halves

In the first half of 2022, the volume of trade between China and Ukraine fell by almost half: trade between the countries decreased by 46.6%, to $5.79 billion.

2021

The second largest grain export in the world

Leading countries in grain exports in the 2021-2022 season excluding rice
To which countries Ukraine sells wheat

Among the largest exporters of vegetable oil

The largest suppliers of vegetable oil in the world, season 2021-2022

2020: Ukraine - in the top ten largest exporters of wheat with an indicator of 18.1 million tons

Top ten wheat exporters in 2020, million tons.

2018: Sixth in the world in terms of wheat exports

2017

Export growth by 19% to $43.2 billion, the largest market - Russia

In general, Ukrainian exports in 2017 grew by 19%, reaching $43.2 billion. Imports grew by 26.4%, to $49.6 billion.

The total volume of Ukrainian exports has so far reached only 68% of the 2013 level.

The largest volume of Ukrainian goods is traditionally exported to Russia - its component in the structure of Ukrainian exports is 9.1%. Goods worth $3.9 billion were sold there, an increase in 2017 of 9.6%.

Poland is in second place, Turkey is in third ($2.5 billion, an increase of 28%). Also in the top 10 key markets for Ukrainian goods include Italy, India ($2.2 billion), China ($2 billion, 11.3%) and Egypt ($1.8 billion), Germany and the Netherlands ($1.6 billion).

Exports to the EU reached $17.5 billion (+ 29.9 %)

Exports of Ukrainian goods to the EU in 2017 increased by 29.9% and amounted to $17.5 billion. This is 40.5% of the total sales of Ukrainian goods abroad. At the same time, imports of goods from the European Union increased by 21.3% - to $20.7 billion. This was reported by Gosstat.

It is noted that the volumes of Ukrainian exports to Belgium (by 81.4%), the Netherlands (by 68.5%) and Latvia (by 54.7%) increased at the highest pace. Among the EU countries, the largest volume of Ukrainian goods is exported to Poland - in the amount of $2.7 billion. At the same time, it is noted that the growth rate of exports to Poland is below average - only 23.8%.

According to Gosstat, Ukrainian exports to Italy ($2.5 billion) increased by 28%, to Germany ($1.7 billion) by 23.2% and to Hungary ($1.3 billion) by 26%.

According to Gosstat, due to high growth rates in 2017, the volume of exports to the EU for the first time exceeded the levels of 2013 ($16.7 billion) and 2014 ($17 billion).

In 2017, the export of Ukrainian goods to the EU increased by 357 new commodity items, and the number of exporting companies to the EU increased from 13,402 in 2016 to 14,136 at the end of 2017.

12-fold increase in mushroom exports

In 2017, Ukraine exported 533 tons of champignons for $480 thousand, which is 12.5 times more than in the previous period. This was reported by the press service of the Ministry of Agrarian Policy.

The largest buyers of Ukrainian mushrooms were Moldova (443 tons for $382 thousand), Belarus (85.4 tons for $87.1 thousand) and Romania (1 ton for $1.5 thousand).

Also, Ukrainian champignons were supplied to Israel, Georgia, Kuwait, Austria, Panama, Slovakia, Turkey and other countries.

In 2017, 0.45 tons of champignons for $0.6 thousand were imported to Ukraine, as a result of which a positive foreign trade balance was formed for this position of $479 thousand, the ministry said.

In 2016, Ukraine delivered 42.6 tons of champignons to foreign markets for $37.8 thousand.

2016

Export fall by 4.6% to $36.3 billion, negative balance $2.8 billion

In 2016, exports of Ukrainian goods decreased by 4.6%. The negative balance of Ukraine's foreign trade in goods in 2016 amounted to $2.886 billion, while in 2015 it was positive in the amount of $610.7 million. This was reported by the State Statistics Service.

According to the State Statistics Service, in 2016, exports of goods decreased by 4.6% compared to 2015 (by $1.764 billion) - to $36.363 billion, and imports increased by 4.6% (by $1.732 billion) - to $39.249 billion.

The department also noted that in 2016 Ukraine it conducted foreign trade operations with partners from 226 countries of the world.

"As a result, the coefficient of import export coverage amounted to 0.93 (in 2015 - 1.02)," the State Statistics Service stated.

Arms export growth by 25% to $770 million

Read more in the article: Ukroboronprom

2015: Agroexport $14.8 billion

The export of Ukrainian agricultural products to Russia in 2015 fell by 68% - to $300 million, and the total trade with Russia in agricultural products decreased by 65%, or more than $1 billion - to $575 million, said Minister of Agriculture Alexei Pavlenko.

"The share of exports to the Russian Federation fell from 6% in 2014 to 2% in 2015. This made it possible to painlessly postpone the loss of the Russian market, "he stressed, speaking in the Verkhovna Rada at the Government Hour.

Pavlenko clarified that in general, agroexport from Ukraine in 2015 amounted to $14.8 billion with a trade turnover of $18.5 billion, which brought to a record for the country a positive balance in agricultural trade of $11.1 billion. According to him, Ukraine managed to diversify sales markets: the share of Asian countries reached almost 45%, the EU - 28.2%, and supplies to Africa reached 13.6% of total agroexport, exceeding exports to the CIS countries.