2023
Flag  
GDP
$179BCURRENT US$
Rnk 57 / 195
2013-2023
Flag
GDP GROWTH
-6.16%CURRENT US$
Rnk 179 / 195
2023
Flag
 GDP
$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH
16%CURRENT US$
Rnk 150 / 195
2023
Flag
GDP PC 
$5,070CURRENT US$
Rnk 122 / 195
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 95 / 195
2023
Flag
GDP PC
$53,431CURRENT US$
Rnk 22 / 196
2013-2023
Flag
GDP PC GROWTH
1.51%CURRENT US$
Rnk 152 / 195

About

Ukraine-Canada Trade: In 2023, Ukraine exported $124M to Canada. The main products that Ukraine exported to Canada were Seed Oils ($28.9M), Radioactive Chemicals ($25.3M), and Other Measuring Instruments ($6.16M). Over the past 5 years the exports of Ukraine to Canada have increased at an annualized rate of 1.64%, from $114M in 2018 to $124M in 2023.

In 2023, Ukraine did not export any services to Canada.

Canada-Ukraine Trade: In 2023, Canada exported $426M to Ukraine. The main products that Canada exported to Ukraine were Tanks and Armored vehicles ($203M), Military Weapons ($56.3M), and Weapons Parts and Accessories ($17.9M). Over the past 5 years the exports of Canada to Ukraine have increased at an annualized rate of 15.6%,  from $206M in 2018 to $426M in 2023.

In 2020, Canada exported services to Ukraine worth $2.24M, with Royalties and license fees ($1.49M) and Computer and information services ($746k) being the largest in terms of value.

Comparison: In 2023,  Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B). That same year, Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ukraine exported $124M to Canada. The main products exported from Ukraine to Canada were Seed Oils ($28.9M), Radioactive Chemicals ($25.3M), and Other Measuring Instruments ($6.16M). During the last 5 years the exports of Ukraine to Canada have increased at an annualized rate of 1.64%, from $114M in 2018 to $124M in 2023.

In 2018, Canada exported $426M to Ukraine. The main products exported from Canada to Ukraine were Tanks and Armored vehicles ($203M), Military Weapons ($56.3M), and Weapons Parts and Accessories ($17.9M). During the last 5 years the exports of Canada to Ukraine have increased at an annualized rate of 15.6%, from $206M in 2023 to $426M in 2018.

Exports from Ukraine (Flag) to Canada (Flag) (2023)

Exports from Canada (Flag) to Ukraine (Flag) (2023)

Latest Data

Trade between Ukraine (Flag) and Canada (Flag)

Ukraine Exports

Canada Exports

Market Competitiveness

Color
Ukraine
Top Destination
Poland$4.83B
Canada
Top Destination
United States$410B

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

In 2023, countries that imported more from Ukraine than Canada included Poland ($4.83B), Romania ($3.56B), and Turkey ($2.88B).

In 2023, countries that imported more from Canada than Ukraine included United States ($410B), China ($31.1B), and United Kingdom ($18B).

Difference in imports from Canada (Flag) and Ukraine (Flag) (2023)

Comparative Advantage Ukraine - Canada

Flow
Scale

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

During 2023, Ukraine had a large net trade with Canada in the exports of Animal and Vegetable Bi-Products ($29.1M), Chemical Products ($26.8M), and Machines ($14.6M).

During 2018, Canada had a large net trade with Ukraine in the exports of Transportation ($221M), Weapons ($82.4M), and Machines ($33.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ukraine Canada+$10.2MElectric Heaters
Top Product Potential Canada Ukraine+$11.6MPackaged Medicaments

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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Bilateral Service Trade

In 2020, Canada exported services to Ukraine worth $2.24M, with Royalties and license fees ($1.49M) and Computer and information services ($746k) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Ukraine and Canada. This means that a dot/product with the flag of Ukraine indicates it has a comparative advantage over Canada. Similarly, a dot/product with the flag of Canada indicates it has a comparative advantage over Ukraine.

Product Space of Ukraine (Flag) and Canada (Flag) (2023)

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