Detailed Overview of Ukraine Trade 2023

The second largest European federation following the Russian Federation is on the Eastern Coast of Europe. It is the 8th most populous country in the European Union with a population of 42 million, being spread over an area of 603,550 square kilometers the nation shares its borders with countries like Russia, Belarus, Poland, Slovakia, Hungary, Romania, and Moldova. The coastline with the Black Sea and Azov Sea in the Southern direction caters to the agricultural sector with moisturized soil to promote the production rate. Beyond this, the presence of world heritage sites like the Saint Sophia Cathedral and Struve Geodetic Arc attracts the attention of the visitors there.



The trade statistics of Ukraine give a detailed analysis of its import and export trade which represents the overall economic stability of the nation. Due to the advanced industrial sectors, the country has recorded a GDP of 180.3 billion US dollars in 2023 with a major contribution from finance and industries. The import and export trade value of 2023 is recorded as 86.5 billion US dollars and 68 billion US dollars in 2023.

Top 10 Imports of Ukraine 2023

With an import trade value of 86.5 billion US dollars the imported products share a major contribution in the economic growth of the country. The demands of the industrial sectors for necessities to increase the rate of productivity lead to higher amounts of imports from different nations. As per the Ukraine Import Data, the top 10 imported products of 2023 with their trade values are discussed below,

• (HS code - 27)Mineral Fuels – Total import trade value of 2023 – 15 billion US dollars

• (HS code - 84)Machinery– Total import trade value of 2023 – 13 billion US dollars

• (HS code - 85)Electrical machinery and equipment– Total import trade value of 2023 – 9 billion US dollars

• (HS code - 87)Vehicles– Total import trade value of 2023 – 7 billion US dollars

• (HS code - 29)Pharmaceuticals– Total import trade value of 2023 – 4 billion US dollars

• (HS code - 07)Vegetable products– Total import trade value of 2023 – 4 billion US dollars

• (HS code - 95)Plastic and Plastic products– Total import trade value of 2023 – 3 billion US dollars

• (HS code - 72)Iron and steel– Total import trade value of 2023 – 2.5 billion US dollars

• (HS code - 29)Organic chemicals– Total import trade value of 2023 – 2 billion US dollars

• (HS code - 90)Optical and medical instruments– Total import trade value of 2023 – 1 billion US dollars

Top Import Partners of Ukraine 2023

The import partners of a nation are chosen over their strategic location and trade agreements. Import Destinations contribute to the productivity rates of the industrial and agricultural sectors by fulfilling the demand for their necessities. As per the Ukraine Trade Data, the top 10 import partners of the nation with its annual trade revenues are discussed below,

• Russia – Annual Import trade revenue of 2023 – 20 billion US dollars

• China– Annual Import trade revenue of 2023 – 15 billion US dollars

• Germany– Annual Import trade revenue of 2023 – 12 billion US dollars

• Poland– Annual Import trade revenue of 2023 – 8 billion US dollars

• Italy– Annual Import trade revenue of 2023 – 7 billion US dollars

• Great Britain– Annual Import trade revenue of 2023 – 6 billion US dollars

• Turkey– Annual Import trade revenue of 2023 – 5 billion US dollars

• Kazakhstan– Annual Import trade revenue of 2023 – 4 billion US dollars

• Slovakia– Annual Import trade revenue of 2023 – 3 billion US dollars

• Hungary– Annual Import trade revenue of 2023 – 2 billion US dollars

Top 10 Exports of Ukraine 2023

The globally increasing export of Ukraine is because of the vulnerable production of the global needs by its industries. The tech-specified systems in the industrial and agricultural sectors are promoting the productivity rate and cater to economic growth. The Ukraine Export Data depicts the below-mentioned products as the top 10 exports of the nation, its trade values for 2023 are discussed below,

• (HS code - 72)Iron and steel – Total export trade value of 2023 – 14 billion US dollars

• (HS code – 11)Cereals– Total export trade value of 2023 –9 billion US dollars

• (HS code - 15)Sunflower oil– Total export trade value of 2023 – 7 billion US dollars

• (HS code - 72)Ferroalloys– Total export trade value of 2023 – 6 billion US dollars

• (HS code - 84)Machinery– Total export trade value of 2023 – 5 billion US dollars

• (HS code - 85)Electrical equipment– Total export trade value of 2023 – 4 billion US dollars

• (HS code - 07)Fruits and vegetables– Total export trade value of 2023 – 3 billion US dollars

• (HS code - 44)Wood products– Total export trade value of 2023 – 2 billion US dollars

• (HS code - 27)Mineral fuels– Total export trade value of 2023 – 1.5 billion US dollars

• (HS code - 29)Chemicals– Total export trade value of 2023 – 1 billion US dollars

Top 10 Export Partners of Ukraine 2023

The second largest federation of Europe highly exports agricultural products and metallic products for an exponential growth in its trade rate. Export destinations with favorable trade values are preferred more for growth rate benefits. As per the Ukraine Customs Data, the top 10 export trade partners of the nation with its annual trade revenues of 2023 are discussed below,

• Russia – Annual export trade revenue of 2023 – 19 billion US dollars

• China– Annual export trade revenue of 2023 – 8 billion US dollars

• Poland– Annual export trade revenue of 2023 – 6 billion US dollars

• Turkey– Annual export trade revenue of 2023 – 5 billion US dollars

• Italy– Annual export trade revenue of 2023 – 4 billion US dollars

• Germany– Annual export trade revenue of 2023 – 4 billion US dollars

• United States– Annual export trade revenue of 2023 – 3 billion US dollars

• India– Annual export trade revenue of 2023 – 2 billion US dollars

• Egypt– Annual export trade revenue of 2023 – 2 billion US dollars

• United Kingdom– Annual export trade revenue of 2023 – 1 billion US dollars

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