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2022
Flag → Flag
Exports $1.08BRnk 14 / 191
2022
Flag → Flag
Top Product $774MSeed Oils
2022
Flag → Flag
Exports $743MRnk 72 / 217
2022
Flag → Flag
Top Product $338MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.5Rnk 44 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag  
GDP$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 175 / 186
2022
Flag
 GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
GDP PC $4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH13.2%CURRENT US$
Rnk 103 / 186
2022
Flag
GDP PC$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186

About

Ukraine-India Trade: In 2022, Ukraine exported $1.08B to India. The main products that Ukraine exported to India were Seed Oils ($774M), Nitrogenous Fertilizers ($95.9M), and Ammonia ($42.4M). Over the past 5 years the exports of Ukraine to India have decreased at an annualized rate of 14.3%, from $2.33B in 2017 to $1.08B in 2022.

In 2022, Ukraine did not export any services to India.

India-Ukraine Trade: In 2022, India exported $743M to Ukraine. The main products that India exported to Ukraine were Refined Petroleum ($338M), Packaged Medicaments ($119M), and Broadcasting Equipment ($12.7M). Over the past 5 years the exports of India to Ukraine have increased at an annualized rate of 10.6%,  from $448M in 2017 to $743M in 2022.

In 2022, India did not export any services to Ukraine.

Comparison: In 2022,  Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B). That same year, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ukraine exported $1.08B to India. The main products exported from Ukraine to India were Seed Oils ($774M), Nitrogenous Fertilizers ($95.9M), and Ammonia ($42.4M). During the last 5 years the exports of Ukraine to India have decreased at an annualized rate of 14.3%, from $2.33B in 2017 to $1.08B in 2022.

In 2017, India exported $743M to Ukraine. The main products exported from India to Ukraine were Refined Petroleum ($338M), Packaged Medicaments ($119M), and Broadcasting Equipment ($12.7M). During the last 5 years the exports of India to Ukraine have increased at an annualized rate of 10.6%, from $448M in 2022 to $743M in 2017.

Exports from Ukraine (Flag) to India (Flag) (2022)

Exports from India (Flag) to Ukraine (Flag) (2022)

Latest Data

Trade between Ukraine (Flag) and India (Flag)

Ukraine Exports

India Exports

Market Competitiveness

Color
Ukraine
Top DestinationPoland$6.7B
India
Top DestinationUnited States$82.9B

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

In 2022, countries that imported more from Ukraine than India included Poland ($6.7B), Romania ($3.94B), and Hungary ($2.28B).

In 2022, countries that imported more from India than Ukraine included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

Difference in imports from India (Flag) and Ukraine (Flag) (2022)

Comparative Advantage Ukraine - India

Flow
Scale

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

During 2022, Ukraine had a large net trade with India in the exports of Animal and Vegetable Bi-Products ($774M), Chemical Products ($146M), and Machines ($41.6M).

During 2017, India had a large net trade with Ukraine in the exports of Mineral Products ($340M), Chemical Products ($166M), and Machines ($54.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ukraine India+$38.3MNitrogenous Fertilizers
Top Product Potential India Ukraine+$68.6MPackaged 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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Economic Complexity

Competitive Landscape

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

Product Space of Ukraine (Flag) and India (Flag) (2022)

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