Flag Ukraine / Russia Flag

Exports Flag β†’ Flag  (2018): $4.22B, Rnk 1 / 187

Top Product Flag β†’ Flag (2018): $550M, Aluminium Oxide

Exports Flag β†’ Flag (2018): $9.53B, Rnk 14 / 187

Top Product Flag β†’ Flag (2018): $2.03B, Refined Petroleum

Economic Complexity of Flag (2018): ECI 0.6, Rnk 40 / 137

Economic Complexity of Flag (2018): ECI 0.6, Rnk 41 / 137

GDP Flag (2018): $131B, CURRENT US$
Rnk 57 / 196

GDP GROWTH Flag (2008-2018): -27.2%, CURRENT US$
Rnk 192 / 196

GDP Flag (2018): $1.66T, CURRENT US$
Rnk 11 / 196

GDP GROWTH Flag (2008-2018): -0.2%, CURRENT US$
Rnk 168 / 196

GDP PC Flag (2018): $3,095, CURRENT US$
Rnk 138 / 196

GDP PC GROWTH Flag (2008-2018): -20.4%, CURRENT US$
Rnk 184 / 196

GDP PC Flag (2018): $11,289, CURRENT US$
Rnk 69 / 196

GDP PC GROWTH Flag (2008-2018): -2.98%, CURRENT US$
Rnk 157 / 196

Ukraine-Russia: In 2018, Ukraine exported $4.22B to Russia. The main products exported from Ukraine to Russia were Aluminium Oxide ($550M), Hot-Rolled Iron ($207M), and Iron Blocks ($145M). During the last 22 years the exports of Ukraine to Russia have decreased at an annualized rate of 1.24%, from $5.56B in 1996 to $4.22B in 2018.

Russia-Ukraine: In 2018, Russia exported $9.53B to Ukraine. The main products exported from Russia to Ukraine were Refined Petroleum ($2.03B), Coal Briquettes ($1.55B), and Iron Ore ($434M). During the last 22 years the exports of Russia to Ukraine have increased at an annualized rate of 0.82%, from $7.96B in 1996 to $9.53B in 2018. In 2018, Russia exported services to Ukraine worth $1.31B, with Travel ($931M), Other business services ($200M), and Transportation ($92.7M) being the largest in terms of value.

Comparison: In 2018, Ukraine ranked 40 in the Economic Complexity Index (ECI 0.6), and 52 in total exports ($51.2B). That same year, Russia ranked 41 in the Economic Complexity Index (ECI 0.6), and 13 in total exports ($427B). In terms of GDP Per Capita, Ukraine was ranked 138 with a GDP Per Capita of $3,095, and Russia was ranked 69 with a GDP Per Capita of $11,289.

Bilateral Trade by Products

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Depth
Value

In 2018, Ukraine exported $4.22B to Russia. The main products exported from Ukraine to Russia were Aluminium Oxide ($550M), Hot-Rolled Iron ($207M), and Iron Blocks ($145M). During the last 22 years the exports of Ukraine to Russia have decreased at an annualized rate of 1.24%, from $5.56B in 1996 to $4.22B in 2018.

In 2018, Russia exported $9.53B to Ukraine. The main products exported from Russia to Ukraine were Refined Petroleum ($2.03B), Coal Briquettes ($1.55B), and Iron Ore ($434M). During the last 22 years the exports of Russia to Ukraine have increased at an annualized rate of 0.82%, from $7.96B in 1996 to $9.53B in 2018.

Market Competitiveness

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Measure

Ukraine
Top Destination
: Russia, $4.22B

Russia
Top Destination
: China, $55.2B

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

In 2018, countries that imported more from Ukraine than Russia were Iraq ($643M), Moldova ($734M), and Libya ($326M).

In 2018, countries that imported more from Russia than Ukraine were China ($55.2B), Netherlands ($41B), and Germany ($23.3B).

Comparative Advantage Ukraine - Russia

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Depth

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

During 2018, Ukraine had a large net trade with Russia in the exports of Metals ($1.21B), Machines ($873M), and Chemical Products ($783M).

During 2018, Russia had a large net trade with Ukraine in the exports of Mineral Products ($4.65B), Chemical Products ($1.15B), and Machines ($961M).

Tariff Section

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This sections shows import tariffs for products traded between Ukraine and Russia (using the HS6 product classification and the last year reported).

In 2018, the products from Ukraine that paid the highest import tariffs to enter Russia were Raw sugar, beet (50%) and Raw sugar, beet (50%).

In 2018, the products from Russia that paid the highest import tariffs to enter Ukraine were Horses: live, pure-bred breeding animals (0%) and Horses: live, other than pure-bred breeding animals (0%).

Explore Tariff Data

*The tariffs present between Ukraine and Russia are:
136: Most Favoured Nation duty rate treatement
140: Non-MFN Rate

Trade Forecasts

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This section shows a forecast for total trade between Ukraine and Russia. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Bilateral Service Trade

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In 2018, Russia exported services to Ukraine worth $1.31B, with Travel ($931M), Other business services ($200M), and Transportation ($92.7M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Ukraine has comparative advantage over Russia. Similarly, the more red a dot/product is, the more Russia has comparative advantage over Ukraine.