Ukraine (UKR) and Russia (RUS) Trade

About

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.

Product Trade

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Bilateral Trade by Products

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Depth

Value

Year

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.

Latest Data

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Date

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Date

Market Competitiveness

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Measure

SectionYear

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

Year

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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Tariffs

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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

Forecasts

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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.

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Service Trade

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Bilateral Service Trade

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Rus Year

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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Year

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.

About

Product Trade

Bilateral Trade by Products

Latest Data

Market Competitiveness

Comparative Advantage Ukraine - Russia

Tariff Section

Tariffs

Forecasts

Trade Forecasts

Service Trade

Bilateral Service Trade

Economic Complexity

Competitive Landscape

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