2023
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GDP
$514BCURRENT US$
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2013-2023
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GDP GROWTH
72.6%CURRENT US$
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2023
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 GDP
$179BCURRENT US$
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2013-2023
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GDP GROWTH
-6.16%CURRENT US$
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2023
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GDP PC 
$52,642CURRENT US$
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2013-2023
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GDP PC GROWTH
42.5%CURRENT US$
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2023
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GDP PC
$5,070CURRENT US$
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2013-2023
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GDP PC GROWTH
22.8%CURRENT US$
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About

Israel-Ukraine Trade: In 2023, Israel exported $286M to Ukraine. The main products that Israel exported to Ukraine were Refined Petroleum ($134M), Pesticides ($40.1M), and Potassic Fertilizers ($10.6M). Over the past 5 years the exports of Israel to Ukraine have increased at an annualized rate of 8.13%, from $194M in 2018 to $286M in 2023.

In 2012, Israel exported services to Ukraine worth $10.6M, with Computer and information services ($10.6M) being the largest in terms of value.

Ukraine-Israel Trade: In 2023, Ukraine exported $399M to Israel. The main products that Ukraine exported to Israel were Corn ($123M), Wheat ($61.7M), and Other Vegetable Residues ($29.7M). Over the past 5 years the exports of Ukraine to Israel have decreased at an annualized rate of 3.84%,  from $639M in 2018 to $399M in 2023.

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

Comparison: In 2023,  Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B). 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, Israel exported $286M to Ukraine. The main products exported from Israel to Ukraine were Refined Petroleum ($134M), Pesticides ($40.1M), and Potassic Fertilizers ($10.6M). During the last 5 years the exports of Israel to Ukraine have increased at an annualized rate of 8.13%, from $194M in 2018 to $286M in 2023.

In 2018, Ukraine exported $399M to Israel. The main products exported from Ukraine to Israel were Corn ($123M), Wheat ($61.7M), and Other Vegetable Residues ($29.7M). During the last 5 years the exports of Ukraine to Israel have decreased at an annualized rate of 3.84%, from $639M in 2023 to $399M in 2018.

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

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

Latest Data

Trade between Israel (Flag) and Ukraine (Flag)

Israel Exports

Ukraine Exports

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
Ukraine
Top Destination
Poland$4.83B

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

In 2023, countries that imported more from Israel than Ukraine included United States ($20.3B), China ($7.09B), and Ireland ($4.22B).

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

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

Comparative Advantage Israel - Ukraine

Flow
Scale

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

During 2023, Israel had a large net trade with Ukraine in the exports of Mineral Products ($134M), Chemical Products ($81.7M), and Plastics and Rubbers ($17.2M).

During 2018, Ukraine had a large net trade with Israel in the exports of Vegetable Products ($240M), Foodstuffs ($60.7M), and Animal Products ($21.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel Ukraine+$16.3MRefined Petroleum
Top Product Potential Ukraine Israel+$6.75MSeed Oils

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 Israel and Ukraine. This means that a dot/product with the flag of Israel indicates it has a comparative advantage over Ukraine. Similarly, a dot/product with the flag of Ukraine indicates it has a comparative advantage over Israel.

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

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