2023
Exports
$64.3MWorld Rnk 117 / 214
Flag Rnk 75 / 1151
2023
PRODUCT COMPLEXITY IN Refined Petroleum
-0.94Rnk 813 / 1025
2023
Imports
$7.85BWorld Rnk 30 / 226
Flag Rnk 1 / 1190
2023
ECONOMIC COMPLEXITY of Ukraine
0.39Rnk 47 / 132

About

Exports In 2023, Ukraine exported $64.3M in Refined Petroleum, making it the 117th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 75th most exported product in Ukraine. The main destination of Refined Petroleum exports from Ukraine are: Malaysia ($26.7M), Lithuania ($8.32M), Hong Kong ($2.85M), United States ($2.31M), and Libya ($2.22M).

The fastest growing export markets for Refined Petroleum of Ukraine between 2022 and 2023 were Malaysia ($26.5M), Hong Kong ($2.61M), and Algeria ($555k).

Imports In 2023, Ukraine imported $7.85B in Refined Petroleum, becoming the 30th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Ukraine. Ukraine imports Refined Petroleum primarily from: Greece ($1.02B), India ($1.02B), Lithuania ($822M), Poland ($751M), and Turkey ($591M).

The fastest growing import markets in Refined Petroleum for Ukraine between 2022 and 2023 were Greece ($502M), United States ($304M), and Turkey ($224M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Refined Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$64.3M
IMPORTS (2023)$7.85B
NET TRADE (2023)-$7.78B

In 2023, Ukraine exported $64.3M in Refined Petroleum. The main destinations of Ukraine exports on Refined Petroleum were Malaysia ($26.7M), Lithuania ($8.32M), Hong Kong ($2.85M), United States ($2.31M), and Libya ($2.22M).

In 2023, Ukraine imported $7.85B in Refined Petroleum, mainly from Greece ($1.02B), India ($1.02B), Lithuania ($822M), Poland ($751M), and Turkey ($591M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Ukraine WERE (2022 - 2023):
Malaysia$26.5M (18.2k%)
Hong Kong$2.61M (1.09k%)
Algeria$555k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Ukraine WERE (2022 - 2023):
Lithuania-$7.71M (-48.1%)
Turkey-$7.25M (-87.8%)
Estonia-$6.01M (-99.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ukraine's main exporting competitors in Refined Petroleum were:
In 2023, Ukraine's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.52M
TOP IMPORT POTENTIALNetherlands+ $96.9M

Refined Petroleum’s highest export potential is United States. With an export gap of $4.52M.   Refined Petroleum’s highest import potential is Netherlands with an import gap of $96.9M.

See methodology.

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