Flag Russia / Ukraine Flag

Exports Flag β†’ Flag  (2018): $9.53B, Rnk 14 / 187

Top Product Flag β†’ Flag (2018): $2.03B, Refined Petroleum

Exports Flag β†’ Flag (2018): $4.22B, Rnk 1 / 187

Top Product Flag β†’ Flag (2018): $550M, Aluminium Oxide

Economic Complexity of Flag (2018): ECI 0.6, Rnk 41 / 137

Economic Complexity of Flag (2018): ECI 0.6, Rnk 40 / 137

GDP Flag (2018): $1.66T, CURRENT US$
Rnk 11 / 196

GDP GROWTH Flag (2008-2018): -0.2%, CURRENT US$
Rnk 168 / 196

GDP Flag (2018): $131B, CURRENT US$
Rnk 57 / 196

GDP GROWTH Flag (2008-2018): -27.2%, CURRENT US$
Rnk 192 / 196

GDP PC Flag (2018): $11,289, CURRENT US$
Rnk 69 / 196

GDP PC GROWTH Flag (2008-2018): -2.98%, CURRENT US$
Rnk 157 / 196

GDP PC Flag (2018): $3,095, CURRENT US$
Rnk 138 / 196

GDP PC GROWTH Flag (2008-2018): -20.4%, CURRENT US$
Rnk 184 / 196

Russia-Ukraine: In 2018, Russia exported $9.53B to Ukraine. The main products exported from Russia to Ukraine were Refined Petroleum ($2.03B), Coal Briquettes ($1.55B), and Iron Ore ($434M). During the last 22 years the exports of Russia to Ukraine have increased at an annualized rate of 0.82%, from $7.96B in 1996 to $9.53B in 2018. In 2018, Russia exported services to Ukraine worth $1.31B, with Travel ($931M), Other business services ($200M), and Transportation ($92.7M) being the largest in terms of value.

Ukraine-Russia: In 2018, Ukraine exported $4.22B to Russia. The main products exported from Ukraine to Russia were Aluminium Oxide ($550M), Hot-Rolled Iron ($207M), and Iron Blocks ($145M). During the last 22 years the exports of Ukraine to Russia have decreased at an annualized rate of 1.24%, from $5.56B in 1996 to $4.22B in 2018.

Comparison: In 2018, Russia ranked 41 in the Economic Complexity Index (ECI 0.6), and 13 in total exports ($427B). That same year, Ukraine ranked 40 in the Economic Complexity Index (ECI 0.6), and 52 in total exports ($51.2B). In terms of GDP Per Capita, Russia was ranked 69 with a GDP Per Capita of $11,289, and Ukraine was ranked 138 with a GDP Per Capita of $3,095.

Bilateral Trade by Products

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Depth
Value

In 2018, Russia exported $9.53B to Ukraine. The main products exported from Russia to Ukraine were Refined Petroleum ($2.03B), Coal Briquettes ($1.55B), and Iron Ore ($434M). During the last 22 years the exports of Russia to Ukraine have increased at an annualized rate of 0.82%, from $7.96B in 1996 to $9.53B in 2018.

In 2018, Ukraine exported $4.22B to Russia. The main products exported from Ukraine to Russia were Aluminium Oxide ($550M), Hot-Rolled Iron ($207M), and Iron Blocks ($145M). During the last 22 years the exports of Ukraine to Russia have decreased at an annualized rate of 1.24%, from $5.56B in 1996 to $4.22B in 2018.

Market Competitiveness

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Measure

Russia
Top Destination
: China, $55.2B

Ukraine
Top Destination
: Russia, $4.22B

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 2018, countries that imported more from Russia than Ukraine were China ($55.2B), Netherlands ($41B), and Germany ($23.3B).

In 2018, countries that imported more from Ukraine than Russia were Iraq ($643M), Moldova ($734M), and Libya ($326M).

Comparative Advantage Russia - Ukraine

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Depth

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

During 2018, Russia had a large net trade with Ukraine in the exports of Mineral Products ($4.65B), Chemical Products ($1.15B), and Machines ($961M).

During 2018, Ukraine had a large net trade with Russia in the exports of Metals ($1.21B), Machines ($873M), and Chemical Products ($783M).

Trade Forecasts

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This section shows a forecast for total trade between Russia and Ukraine. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Bilateral Service Trade

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In 2018, Russia exported services to Ukraine worth $1.31B, with Travel ($931M), Other business services ($200M), and Transportation ($92.7M) 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 red.  This mean that the more blue a dot/product is, the more Russia has comparative advantage over Ukraine. Similarly, the more red a dot/product is, the more Ukraine has comparative advantage over Russia.