2021
Flag  
GDP
$1.84TCURRENT US$
Rnk 10 / 204
2011-2021
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GDP GROWTH
-10.2%CURRENT US$
Rnk 187 / 204
2021
Flag
 GDP
$200BCURRENT US$
Rnk 53 / 204
2011-2021
Flag
GDP GROWTH
18%CURRENT US$
Rnk 123 / 204
2021
Flag
GDP PC 
$12,593CURRENT US$
Rnk 76 / 204
2011-2021
Flag
GDP PC GROWTH
-12%CURRENT US$
Rnk 170 / 204
2021
Flag
GDP PC
$4,828CURRENT US$
Rnk 124 / 204
2011-2021
Flag
GDP PC GROWTH
30.3%CURRENT US$
Rnk 63 / 204

About

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

Bilateral Trade by Products

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.

Exports from Russia (Flag) to Ukraine (Flag) (2021)

Exports from Ukraine (Flag) to Russia (Flag) (2021)

Market Competitiveness

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).

Difference in imports from Ukraine (Flag) and Russia (Flag) (2021)

Comparative Advantage Russia - Ukraine

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).

Service Trade

Bilateral Service Trade

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.

Services Exports from Russia (Flag) to Ukraine (Flag) (2020)

Services Exports from Ukraine (Flag) to Russia (Flag) (2020)

Economic Complexity

Competitive Landscape

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.

Product Space of Russia (Flag) and Ukraine (Flag) (2021)

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