China / Ukraine

Overview In May 2024, China exported $323M and imported $532M from Ukraine, resulting in a negative trade balance of $209M. Between May 2023 and May 2024 the exports of China have increased by $116M (56.4%) from $206M to $323M, while imports decreased by $-65.3M (-10.9%) from $597M to $532M.

Trade In May 2024, the top exports of China to Ukraine were Electric Batteries ($17M), Electric Generating Sets ($15.2M), Telephones ($14.2M), Electrical Transformers ($8.98M), and Pesticides ($6.1M). In May 2024 the top imports of China from Ukraine were Corn ($106M), Other Vegetable Residues ($57.7M), Seed Oils ($45.6M), Soybeans ($8.4M), and Barley ($3.54M).

Origins In May 2024 the exports of China were mainly from Zhejiang Province ($102M), Guangdong Province ($68.9M), Shandong Province ($33.9M), Jiangsu Province ($29M), and Shanghai Province ($14.7M), while imports destinations were mainly Fujian Province ($194M), Shandong Province ($81.5M), Jiangsu Province ($63.9M), Guangxi Zhuang Autonomous Region ($48.6M), and Guangdong Province ($28.7M).

Growth In May 2024, the increase in China's year-by-year exports to Ukraine was explained primarily by an increase in product exports in Electric Batteries ($10.6M or 165%), Titanium ($1.62M or 5.42k%), and Glass Working Machines ($1.52M or 433%). In May 2024, the decrease in China's year-by-year imports  from Ukraine was explained primarily by an decrease in product imports  in Corn ($-421M or -79.8%), Seed Oils ($-62M or -57.6%), and Other Vegetable Residues ($-28.3M or -32.9%).