Flag Ukraine / Russia Flag

2020
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Exports
: $2.97B, Rnk 3 / 199

2020
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Top Product
: $470M, Aluminium Oxide

2020
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Exports
: $6.31B, Rnk 14 / 187

2020
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Top Product
: $1.36B, Refined Petroleum

2020
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Economic Complexity (ECI)
: ECI 0.5, Rnk 42 / 127

2020
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Economic Complexity (ECI)
: ECI 0.5, Rnk 43 / 127

2020
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GDP
: $155B, CURRENT US$
Rnk 55 / 195

2010-2020
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GDP GROWTH
: 10.1%, CURRENT US$
Rnk 139 / 195

2020
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 GDP
: $1.48T, CURRENT US$
Rnk 11 / 195

2010-2020
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GDP GROWTH
: -2.72%, CURRENT US$
Rnk 164 / 195

2020
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GDP PC 
: $3,725, CURRENT US$
Rnk 123 / 195

2010-2020
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GDP PC GROWTH
: 21%, CURRENT US$
Rnk 84 / 195

2020
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GDP PC
: $10,127, CURRENT US$
Rnk 70 / 195

2010-2020
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GDP PC GROWTH
: -5.14%, CURRENT US$
Rnk 154 / 195

Ukraine-Russia In 2020, Ukraine exported $2.97B to Russia. The main products that Ukraine exported to Russia are Aluminium Oxide ($470M), Hot-Rolled Iron ($140M), and Locomotive Parts ($100M). During the last 24 years the exports of Ukraine to Russia have decreased at an annualized rate of 2.64%, from $5.65B in 1996 to $2.97B in 2020.

In 2020, Ukraine did not export any services to Russia.

Russia-Ukraine In 2020, Russia exported $6.31B to Ukraine . The main products that Russia exported to Ukraine were Refined Petroleum ($1.36B), Coal Briquettes ($670M), and Petroleum Gas ($275M). During the last 24 years the exports of Russia to Ukraine have decreased at an annualized rate of 1.01%, from $8.05B in 1996 to $6.31B in 2020.

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 2020,  Ukraine ranked 42 in the Economic Complexity Index (ECI 0.5), and 46 in total exports ($52.7B). That same year, Russia ranked 43 in the Economic Complexity Index (ECI 0.5), and 13 in total exports ($330B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Ukraine exported $2.97B to Russia. The main products exported from Ukraine to Russia were Aluminium Oxide ($470M), Hot-Rolled Iron ($140M), and Locomotive Parts ($100M). During the last 24 years the exports of Ukraine to Russia have decreased at an annualized rate of 2.64%, from $5.65B in 1996 to $2.97B in 2020.

In 2020, Russia exported $6.31B to Ukraine. The main products exported from Russia to Ukraine were Refined Petroleum ($1.36B), Coal Briquettes ($670M), and Petroleum Gas ($275M). During the last 24 years the exports of Russia to Ukraine have decreased at an annualized rate of 1.01%, from $8.05B in 1996 to $6.31B in 2020.

Ukraine Exports

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Russia Exports

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Market Competitiveness

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Measure

Ukraine
Top Destination
: China, $7.26B

Russia
Top Destination
: China, $49.3B

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 2019, countries that imported more from Ukraine than Russia were Iraq ($597M), Iran ($259M), and Indonesia ($909M).

In 2019, countries that imported more from Russia than Ukraine were China ($49.3B), United Kingdom ($25.3B), and Netherlands ($22.5B).

Comparative Advantage Ukraine - Russia

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Flow

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

During 2020, Ukraine had a large net trade with Russia in the exports of Metals ($716M), Machines ($675M), and Chemical Products ($629M).

During 2020, Russia had a large net trade with Ukraine in the exports of Mineral Products ($2.61B), Chemical Products ($685M), and Machines ($646M).

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 yellow.  This mean that the more blue a dot/product is, the more Ukraine has comparative advantage over Russia. Similarly, the more yellow a dot/product is, the more Russia has comparative advantage over Ukraine.