Russia (RUS) and Ukraine (UKR) Trade | The Observatory of Economic Complexity

- Company Explorer
  PREMIUM
- Trend Explorer
  PRO
- - Tree map
  - Stacked
  - Network
  - Map
  - Scatter
- Data Availability
- - API Documentation
    PRO
  - Notebooks
    NEW
  - Data Explorer
    PRO
- - Bill of Lading
    PREMIUM
  - National Datasets
    PREMIUM
  - Product Datasets
    NEW
  - International Datasets
- - Countries (ECI)
  - Products (PCI)
- ECI Legacy Rankings
- PCI Legacy Rankings

Pricing

Russia (RUS) and Ukraine (UKR) Trade

2022

→

Exports $1.39BRnk 46 / 138

2022

→

About

Russia-Ukraine In 2022, Russia exported $1.39B to Ukraine. The main products that Russia exported to Ukraine are Refined Petroleum ($518M), Coal Briquettes ($360M), and Coke ($65.9M). During the last 26 years the exports of Russia to Ukraine have decreased at an annualized rate of 6.35%, from $7.66B in 1996 to $1.39B in 2022.

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 2022, Ukraine exported $493M to Russia. The main products that Ukraine exported to Russia were Aluminium Oxide ($141M), Hot-Rolled Iron ($62.5M), and Flat Flat-Rolled Steel ($33.6M). During the last 26 years the exports of Ukraine to Russia have decreased at an annualized rate of 8.96%, from $5.66B in 1996 to $493M in 2022.

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 2022, Russia ranked 45 in the Economic Complexity Index (ECI 0.42), and 12 in total exports ($486B). That same year, Ukraine ranked 43 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $625M and imported $371M from Ukraine, resulting in a positive trade balance of $254M. Between January 2021 and January 2022 the exports of Russia have increased by $255M (68.8%) from $370M to $625M, while imports increased by $145M (64.1%) from $226M to $371M.

Trade In January 2022, the top exports of Russia to Ukraine were Refined Petroleum ($69.2M), Coal Briquettes ($42.2M), Ammonia ($13.5M), Petroleum Gas ($13.3M), and Iron Ore ($11.1M). In January 2022 the top imports of Russia from Ukraine were Aluminium Oxide ($44.8M), Hot-Rolled Iron ($20.9M), Coal Briquettes ($9.73M), Iron Blocks ($9.06M), and Locomotive Parts ($8.13M).

Origins In January 2022 the exports of Russia were mainly from MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($147M), KEMEROVO REGION ($97.7M), ROSTOV REGION ($87.1M), NOVOSIBIRSK REGION ($43.3M), and MOSCOW REGION ($42.8M), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($60M), IRKUTSK REGION ($59.9M), ROSTOV REGION ($46.2M), BELGOROD REGION ($41.5M), and MOSCOW REGION ($31.1M).

Growth In January 2022, the increase in Russia's year-by-year exports to Ukraine was explained primarily by an increase in product exports in Refined Petroleum ($64.2M or 1.27k%), Hot-Rolled Iron Bars ($2.23M or 817%), and Vehicle Bodies (including cabs) for the... ($1.97M or 54.8k%). In January 2022, the increase in Russia's year-by-year imports from Ukraine was explained primarily by an increase in product imports in Hot-Rolled Iron ($5.6M or 36.7%), Telephones ($3.07M or 364%), and Other Iron Products ($2.69M or 172%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Depth

HS2

HS4

HS6

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2021 - January 2022)$255M(68.8%)

IMPORT GROWTH (January 2021 - January 2022)$145M(64.1%)

MAIN EXPORTER (January 2022)MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION$147M

This section shows exports and imports data at subnational level for Russia. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Russia over time.

To check Ukraine and Russia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Ukraine and Russia Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Russia exported $1.39B to Ukraine. The main products exported from Russia to Ukraine were Refined Petroleum ($518M), Coal Briquettes ($360M), and Coke ($65.9M). During the last 26 years the exports of Russia to Ukraine have decreased at an annualized rate of 6.35%, from $7.66B in 1996 to $1.39B in 2022.

In 2022, Ukraine exported $493M to Russia. The main products exported from Ukraine to Russia were Aluminium Oxide ($141M), Hot-Rolled Iron ($62.5M), and Flat Flat-Rolled Steel ($33.6M). During the last 26 years the exports of Ukraine to Russia have decreased at an annualized rate of 8.96%, from $5.66B in 1996 to $493M in 2022.

Exports from Russia () to Ukraine () (2022)

Exports from Ukraine () to Russia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Russia
Top DestinationChina$101B

Ukraine
Top DestinationPoland$6.7B

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 ($101B), India ($40.4B), and Germany ($27.7B).

In 2021, countries that imported more from Ukraine than Russia were Austria ($833M), Saudi Arabia ($430M), and Iraq ($293M).

Difference in imports from Ukraine () and Russia () (2022)

Comparative Advantage Russia - Ukraine

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Russia had a large net trade with Ukraine in the exports of Mineral Products ($1.01B), Metals ($108M), and Machines ($72.3M).

During 2022, Ukraine had a large net trade with Russia in the exports of Chemical Products ($162M), Metals ($150M), and Machines ($75.7M).

Service Trade

Bilateral Service Trade

Ukr Year

Rus Year

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 () to Ukraine () (2020)

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

Economic Complexity

Competitive Landscape

Year

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 () and Ukraine () (2022)

Keep Exploring

Russia
Slovenia
Russia
Sweden
Romania
Ukraine
Norway
Ukraine

Have questions, comments, or concerns?
Send us an e-mail: [email protected]

Follow @OECtoday on

Created, Designed, and Developed by:

In collaboration with

About the OEC Privacy Policy Terms