Flag Russia / Ukraine Flag

2021
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Exports
: $8.13B, Rnk 16 / 192

2021
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Top Product
: $1.22B, Coal Briquettes

2021
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Exports
: $3.61B, Rnk 4 / 196

2021
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Top Product
: $613M, Aluminium Oxide

2021
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Economic Complexity (ECI)
: ECI 0.46, Rnk 45 / 131

2021
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Economic Complexity (ECI)
: ECI 0.49, Rnk 44 / 131

2021
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GDP
: $1.78T, CURRENT US$
Rnk 11 / 182

2011-2021
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GDP GROWTH
: -13.2%, CURRENT US$
Rnk 167 / 182

2021
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 GDP
: $200B, CURRENT US$
Rnk 51 / 182

2011-2021
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GDP GROWTH
: 18.2%, CURRENT US$
Rnk 111 / 182

2021
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GDP PC 
: $12,173, CURRENT US$
Rnk 61 / 182

2011-2021
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GDP PC GROWTH
: -14.9%, CURRENT US$
Rnk 153 / 182

2021
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GDP PC
: $4,836, CURRENT US$
Rnk 103 / 182

2011-2021
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GDP PC GROWTH
: 30.5%, CURRENT US$
Rnk 58 / 182

Russia-Ukraine In 2021, Russia exported $8.13B to Ukraine. The main products that Russia exported to Ukraine are Coal Briquettes ($1.22B), Refined Petroleum ($1.2B), and Petroleum Gas ($386M). During the last 25 years the exports of Russia to Ukraine have increased at an annualized rate of 0.24%, from $7.65B in 1996 to $8.13B in 2021.

In 2020, Russia exported services to Ukraine worth $630M, with Travel ($456M), Other business services ($67.3M), and Transportation ($34.7M) being the largest in terms of value.

Ukraine-Russia In 2021, Ukraine exported $3.61B to Russia. The main products that Ukraine exported to Russia were Aluminium Oxide ($613M), Hot-Rolled Iron ($353M), and Flat Flat-Rolled Steel ($131M). During the last 25 years the exports of Ukraine to Russia have decreased at an annualized rate of 1.78%, from $5.65B in 1996 to $3.61B in 2021.

In 2020, Ukraine exported services to Russia worth $2.62B, with Transportation ($2.43B), Other business services ($89.6M), and Royalties and license fees ($42.9M) being the largest in terms of value.

Comparison In 2021,  Russia ranked 45 in the Economic Complexity Index (ECI 0.46), and 10 in total exports ($484B). That same year, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.49), and 47 in total exports ($69.1B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Russia exported $8.13B to Ukraine. The main products exported from Russia to Ukraine were Coal Briquettes ($1.22B), Refined Petroleum ($1.2B), and Petroleum Gas ($386M). During the last 25 years the exports of Russia to Ukraine have increased at an annualized rate of 0.24%, from $7.65B in 1996 to $8.13B in 2021.

In 2021, Ukraine exported $3.61B to Russia. The main products exported from Ukraine to Russia were Aluminium Oxide ($613M), Hot-Rolled Iron ($353M), and Flat Flat-Rolled Steel ($131M). During the last 25 years the exports of Ukraine to Russia have decreased at an annualized rate of 1.78%, from $5.65B in 1996 to $3.61B in 2021.

Market Competitiveness

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Color

Russia
Top Destination
: China, $70.9B

Ukraine
Top Destination
: China, $8.09B

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

In 2021, countries that imported more from Russia than Ukraine were China ($70.9B), Netherlands ($39B), and United States ($27.4B).

In 2021, countries that imported more from Ukraine than Russia were Iran ($590M), Ethiopia ($595M), and Iraq ($687M).

Comparative Advantage Russia - Ukraine

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Flow
Scale

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

During 2021, Russia had a large net trade with Ukraine in the exports of Mineral Products ($3.37B), Chemical Products ($924M), and Machines ($782M).

During 2021, Ukraine had a large net trade with Russia in the exports of Metals ($1.09B), Chemical Products ($771M), and Machines ($749M).

Bilateral Service Trade

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In 2020, Russia exported services to Ukraine worth $630M, with Travel ($456M), Other business services ($67.3M), and Transportation ($34.7M) being the largest in terms of value.

In 2020, Ukraine exported services to Russia worth $2.62B, with Transportation ($2.43B), Other business services ($89.6M), and Royalties and license fees ($42.9M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Russia has comparative advantage over Ukraine. Similarly, the more yellow a dot/product is, the more Ukraine has comparative advantage over Russia.