[1] Primary trade source
OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.
Country intelligence · UKR · 2024
Ukraine trade profile
In 2024, Ukraine recorded $46.0B in merchandise exports and $63.8B in imports, producing a $17.7B trade deficit. Exports changed +10.0% from the previous year, while imports changed +7.5%.[1]
Exports
$46.0B
+10.0%
Imports
$63.8B
+7.5%
Trade balance
-$17.7B
deficit
Active partners
270
45 FTA-linked
Historical evidence
Ten-year trade movement
The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports
Exact annual values
Leading export sectors
HS2 chapters rank broad product groups by observed export value in 2024.
1$10.8B
HS 10 · Cereals
25 active HS6 lines · 118 export partners
2$6.2B
HS 15 · HS chapter
46 active HS6 lines · 144 export partners
3$3.7B
HS 12 · HS chapter
43 active HS6 lines · 106 export partners
4$3.4B
HS 26 · HS chapter
26 active HS6 lines · 50 export partners
5$3.3B
HS 72 · HS chapter
166 active HS6 lines · 108 export partners
6$2.5B
HS 85 · Electrical machinery
262 active HS6 lines · 168 export partners
7$1.7B
HS 23 · HS chapter
23 active HS6 lines · 88 export partners
8$1.6B
HS 44 · HS chapter
93 active HS6 lines · 122 export partners
Leading export markets
Destinations rank bilateral export flows from Ukraine; growth describes each corridor rather than the whole economy.
1$4.7B
Poland
Annual change +3.3% · 3-year CAGR -0.3%
2$3.3B
Germany
Annual change +27.1% · 3-year CAGR 0.6%
3$3.1B
China
Annual change +2.5% · 3-year CAGR -28.0%
4$3.0B
Spain
Annual change +19.9% · 3-year CAGR 21.2%
5$2.3B
Türkiye
Annual change -18.8% · 3-year CAGR -17.7%
6$2.2B
Egypt
Annual change +26.0% · 3-year CAGR 4.9%
7$1.9B
Netherlands
Annual change +43.4% · 3-year CAGR -3.0%
8$1.9B
Italy
Annual change +16.8% · 3-year CAGR -17.9%
Sources, definitions and limitations
Calculation notes
USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.