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2022
Flag → Flag
Exports $281MRnk 48 / 138
2022
Flag → Flag
Top Product $154MRefined Petroleum
2022
Flag → Flag
Exports $430MRnk 23 / 191
2022
Flag → Flag
Top Product $222MPoultry Meat
2022
Flag
Economic Complexity (ECI) ECI 0.78Rnk 35 / 133
2022
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Economic Complexity (ECI) ECI 0.5Rnk 44 / 133
2022
Flag  
GDP$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
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GDP GROWTH49.4%CURRENT US$
Rnk 62 / 186
2022
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 GDP$161BCURRENT US$
Rnk 58 / 186
2012-2022
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GDP GROWTH-12.1%CURRENT US$
Rnk 175 / 186
2022
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GDP PC $30,436CURRENT US$
Rnk 37 / 186
2012-2022
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GDP PC GROWTH26.5%CURRENT US$
Rnk 71 / 186
2022
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GDP PC$4,534CURRENT US$
Rnk 115 / 186
2012-2022
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GDP PC GROWTH13.2%CURRENT US$
Rnk 103 / 186

About

Saudi Arabia-Ukraine Trade: In 2022, Saudi Arabia exported $281M to Ukraine. The main products that Saudi Arabia exported to Ukraine were Refined Petroleum ($154M), Ethylene Polymers ($67.7M), and Propylene Polymers ($46.1M). Over the past 5 years the exports of Saudi Arabia to Ukraine have increased at an annualized rate of 12%, from $160M in 2017 to $281M in 2022.

In 2022, Saudi Arabia did not export any services to Ukraine.

Ukraine-Saudi Arabia Trade: In 2022, Ukraine exported $430M to Saudi Arabia. The main products that Ukraine exported to Saudi Arabia were Poultry Meat ($222M), Wheat ($51.3M), and Seed Oils ($40.7M). Over the past 5 years the exports of Ukraine to Saudi Arabia have decreased at an annualized rate of 4.7%,  from $574M in 2017 to $430M in 2022.

In 2022, Ukraine did not export any services to Saudi Arabia.

Comparison: In 2022,  Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). That same year, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Saudi Arabia exported $281M to Ukraine. The main products exported from Saudi Arabia to Ukraine were Refined Petroleum ($154M), Ethylene Polymers ($67.7M), and Propylene Polymers ($46.1M). During the last 5 years the exports of Saudi Arabia to Ukraine have increased at an annualized rate of 12%, from $160M in 2017 to $281M in 2022.

In 2017, Ukraine exported $430M to Saudi Arabia. The main products exported from Ukraine to Saudi Arabia were Poultry Meat ($222M), Wheat ($51.3M), and Seed Oils ($40.7M). During the last 5 years the exports of Ukraine to Saudi Arabia have decreased at an annualized rate of 4.7%, from $574M in 2022 to $430M in 2017.

Exports from Saudi Arabia (Flag) to Ukraine (Flag) (2022)

Exports from Ukraine (Flag) to Saudi Arabia (Flag) (2022)

Latest Data

Trade between Saudi Arabia (Flag) and Ukraine (Flag)

Saudi Arabia Exports

Ukraine Exports

Market Competitiveness

Color
Saudi Arabia
Top DestinationChina$68B
Ukraine
Top DestinationPoland$6.7B

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

In 2022, countries that imported more from Saudi Arabia than Ukraine included China ($68B), India ($46.2B), and Japan ($36.5B).

In 2022, countries that imported more from Ukraine than Saudi Arabia included Romania ($3.94B), Hungary ($2.28B), and Slovakia ($1.52B).

Difference in imports from Ukraine (Flag) and Saudi Arabia (Flag) (2022)

Comparative Advantage Saudi Arabia - Ukraine

Flow
Scale

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

During 2022, Saudi Arabia had a large net trade with Ukraine in the exports of Mineral Products ($154M), Plastics and Rubbers ($119M), and Chemical Products ($5.63M).

During 2017, Ukraine had a large net trade with Saudi Arabia in the exports of Animal Products ($225M), Vegetable Products ($54.5M), and Metals ($42.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Saudi Arabia Ukraine+$10.4kRefined Petroleum
Top Product Potential Ukraine Saudi Arabia+$6.76kCorn

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

Product Space of Saudi Arabia (Flag) and Ukraine (Flag) (2022)

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