Ukraine (UKR) and Saudi Arabia (SAU) Trade | The Observatory of Economic Complexity

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Ukraine-Saudi Arabia Trade: In 2023, Ukraine exported $375M to Saudi Arabia. The main products that Ukraine exported to Saudi Arabia were Poultry Meat ($139M), Wheat ($104M), and Seed Oils ($29.5M). Over the past 5 years the exports of Ukraine to Saudi Arabia have decreased at an annualized rate of 13.8%, from $789M in 2018 to $375M in 2023.

In 2023, Ukraine did not export any services to Saudi Arabia.

Saudi Arabia-Ukraine Trade: In 2023, Saudi Arabia exported $338M to Ukraine. The main products that Saudi Arabia exported to Ukraine were Refined Petroleum ($210M), Propylene Polymers ($57.1M), and Ethylene Polymers ($54.1M). Over the past 5 years the exports of Saudi Arabia to Ukraine have increased at an annualized rate of 12.3%, from $189M in 2018 to $338M in 2023.

In 2023, Saudi Arabia did not export any services to Ukraine.

Comparison: In 2023, Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B). That same year, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Ukraine exported $375M to Saudi Arabia. The main products exported from Ukraine to Saudi Arabia were Poultry Meat ($139M), Wheat ($104M), and Seed Oils ($29.5M). During the last 5 years the exports of Ukraine to Saudi Arabia have decreased at an annualized rate of 13.8%, from $789M in 2018 to $375M in 2023.

In 2018, Saudi Arabia exported $338M to Ukraine. The main products exported from Saudi Arabia to Ukraine were Refined Petroleum ($210M), Propylene Polymers ($57.1M), and Ethylene Polymers ($54.1M). During the last 5 years the exports of Saudi Arabia to Ukraine have increased at an annualized rate of 12.3%, from $189M in 2023 to $338M in 2018.

Exports from Ukraine () to Saudi Arabia () (2023)

Exports from Saudi Arabia () to Ukraine () (2023)

Latest Data

Trade between Ukraine () and Saudi Arabia ()

Ukraine Exports

Date

Saudi Arabia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ukraine
Top DestinationPoland$4.83B

Saudi Arabia
Top DestinationChina$64.4B

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

In 2023, countries that imported more from Ukraine than Saudi Arabia included Romania ($3.56B), Hungary ($1.24B), and Moldova ($1.13B).

In 2023, countries that imported more from Saudi Arabia than Ukraine included China ($64.4B), Japan ($34.7B), and India ($34.8B).

Difference in imports from Saudi Arabia () and Ukraine () (2023)

Comparative Advantage Ukraine - Saudi Arabia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Ukraine had a large net trade with Saudi Arabia in the exports of N/A.

During 2018, Saudi Arabia had a large net trade with Ukraine in the exports of Mineral Products ($210M), Plastics and Rubbers ($113M), and Chemical Products ($12.5M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ukraine Saudi Arabia+$6.76kCorn

Top Product Potential Saudi Arabia Ukraine+$10.4kRefined Petroleum

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Ukraine () to Saudi Arabia () (2023)

Exports from Saudi Arabia () to Ukraine () (2023)

Latest Data

Trade between Ukraine () and Saudi Arabia ()

Ukraine Exports

Saudi Arabia Exports

Market Competitiveness

Difference in imports from Saudi Arabia () and Ukraine () (2023)

Comparative Advantage Ukraine - Saudi Arabia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Ukraine () and Saudi Arabia () (2023)

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