2022
Flag  
GDP
$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH
-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
 GDP
$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 175 / 186
2022
Flag
GDP PC 
$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH
-47.3%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC
$4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH
13.2%CURRENT US$
Rnk 103 / 186

About

Iran-Ukraine Trade: In 2022, Iran exported $54.2M to Ukraine. The main products that Iran exported to Ukraine were Ethylene Polymers ($16.9M), Styrene Polymers ($8.3M), and Grapes ($4.14M). Over the past 5 years the exports of Iran to Ukraine have decreased at an annualized rate of 6.22%, from $74.7M in 2017 to $54.2M in 2022.

In 2022, Iran did not export any services to Ukraine.

Ukraine-Iran Trade: In 2022, Ukraine exported $208M to Iran. The main products that Ukraine exported to Iran were Corn ($162M), Seed Oils ($27.4M), and Air Pumps ($12.6M). Over the past 5 years the exports of Ukraine to Iran have decreased at an annualized rate of 18.1%,  from $563M in 2017 to $208M in 2022.

In 2022, Ukraine did not export any services to Iran.

Comparison: In 2022,  Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B). That same year, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iran exported $54.2M to Ukraine. The main products exported from Iran to Ukraine were Ethylene Polymers ($16.9M), Styrene Polymers ($8.3M), and Grapes ($4.14M). During the last 5 years the exports of Iran to Ukraine have decreased at an annualized rate of 6.22%, from $74.7M in 2017 to $54.2M in 2022.

In 2017, Ukraine exported $208M to Iran. The main products exported from Ukraine to Iran were Corn ($162M), Seed Oils ($27.4M), and Air Pumps ($12.6M). During the last 5 years the exports of Ukraine to Iran have decreased at an annualized rate of 18.1%, from $563M in 2022 to $208M in 2017.

Exports from Iran (Flag) to Ukraine (Flag) (2022)

Exports from Ukraine (Flag) to Iran (Flag) (2022)

Latest Data

Trade between Iran (Flag) and Ukraine (Flag)

Ukraine Exports

Market Competitiveness

Color
Iran
Top Destination
China$5.72B
Ukraine
Top Destination
Poland$6.7B

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 2022, countries that imported more from Iran than Ukraine included China ($5.72B), Kuwait ($960M), and Pakistan ($762M).

In 2022, countries that imported more from Ukraine than Iran included Poland ($6.7B), Romania ($3.94B), and Hungary ($2.28B).

Difference in imports from Ukraine (Flag) and Iran (Flag) (2022)

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 2022, Iran had a large net trade with Ukraine in the exports of Plastics and Rubbers ($28.1M), Vegetable Products ($10.6M), and Chemical Products ($9.18M).

During 2017, Ukraine had a large net trade with Iran in the exports of Vegetable Products ($162M), Animal and Vegetable Bi-Products ($27.4M), and Machines ($16.7M).

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) (2022)

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