2023
Flag  
GDP
$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH
-19.1%CURRENT US$
Rnk 189 / 195
2023
Flag
 GDP
$179BCURRENT US$
Rnk 57 / 195
2013-2023
Flag
GDP GROWTH
-6.16%CURRENT US$
Rnk 179 / 195
2023
Flag
GDP PC 
$4,466CURRENT US$
Rnk 125 / 195
2013-2023
Flag
GDP PC GROWTH
-28.2%CURRENT US$
Rnk 186 / 195
2023
Flag
GDP PC
$5,070CURRENT US$
Rnk 122 / 196
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 95 / 195

About

Iran-Ukraine Trade: In 2023, Iran exported $18.7M to Ukraine. The main products that Iran exported to Ukraine were Ethylene Polymers ($6.19M), Grapes ($4.83M), and Tropical Fruits ($2.16M). Over the past 5 years the exports of Iran to Ukraine have decreased at an annualized rate of 19.7%, from $55.8M in 2018 to $18.7M in 2023.

In 2023, Iran did not export any services to Ukraine.

Ukraine-Iran Trade: In 2023, Ukraine exported $1.69M to Iran. The main products that Ukraine exported to Iran were Other Heating Machinery ($811k), Air Pumps ($588k), and Transmissions ($162k). Over the past 5 years the exports of Ukraine to Iran have decreased at an annualized rate of 67.1%,  from $435M in 2018 to $1.69M in 2023.

In 2023, Ukraine did not export any services to Iran.

Comparison: In 2023,  Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B). That same year, Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Iran exported $18.7M to Ukraine. The main products exported from Iran to Ukraine were Ethylene Polymers ($6.19M), Grapes ($4.83M), and Tropical Fruits ($2.16M). During the last 5 years the exports of Iran to Ukraine have decreased at an annualized rate of 19.7%, from $55.8M in 2018 to $18.7M in 2023.

In 2018, Ukraine exported $1.69M to Iran. The main products exported from Ukraine to Iran were Other Heating Machinery ($811k), Air Pumps ($588k), and Transmissions ($162k). During the last 5 years the exports of Ukraine to Iran have decreased at an annualized rate of 67.1%, from $435M in 2023 to $1.69M in 2018.

Exports from Iran (Flag) to Ukraine (Flag) (2023)

Exports from Ukraine (Flag) to Iran (Flag) (2023)

Latest Data

Trade between Iran (Flag) and Ukraine (Flag)

Ukraine Exports

Market Competitiveness

Color
Iran
Top Destination
China$4.59B
Ukraine
Top Destination
Poland$4.83B

This map shows whether countries import more from Iran or Ukraine. Each country is colored based on the difference in imports they receive from Iran and Ukraine or the difference in the growth in imports.

In 2023, countries that imported more from Iran than Ukraine included China ($4.59B), Pakistan ($943M), and Armenia ($597M).

In 2023, countries that imported more from Ukraine than Iran included Poland ($4.83B), Romania ($3.56B), and Spain ($2.46B).

Difference in imports from Ukraine (Flag) and Iran (Flag) (2023)

Comparative Advantage Iran - Ukraine

Flow
Scale

This chart compares trade between Iran and Ukraine by product, considering products traded by both, Iran and Ukraine.

During 2023, Iran had a large net trade with Ukraine in the exports of Vegetable Products ($8.53M), Plastics and Rubbers ($7.01M), and Foodstuffs ($1.58M).

During 2018, Ukraine had a large net trade with Iran in the exports of Machines ($1.56M), Foodstuffs ($77k), and Metals ($45k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iran Ukraine+$4.64kPetroleum Gas
Top Product Potential Ukraine Iran+$8.22kCorn

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Iran and Ukraine. This means that a dot/product with the flag of Iran indicates it has a comparative advantage over Ukraine. Similarly, a dot/product with the flag of Ukraine indicates it has a comparative advantage over Iran.

Product Space of Iran (Flag) and Ukraine (Flag) (2023)

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