HS Icon Refined Petroleum in  Flag Ukraine

2020
Exports | Imports
: $126M | $3.59B, World Rnk 89 / 212
Flag Rnk 52 / 1152 | World Rnk 32 / 224
Flag Rnk 1 / 1199

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $8.15M | $439M, Romania |  Russia

2020
ECONOMIC COMPLEXITY of Ukraine
: 0.5, Rnk 42 / 127

2020
PRODUCT COMPLEXITY  IN Refined Petroleum
: -0.94, Rnk 822 / 1029

Exports In 2020, Ukraine exported $126M in Refined Petroleum, making it the 89th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 52nd most exported product in Ukraine. The main destination of Refined Petroleum exports from Ukraine are: Latvia ($24.9M), Hungary ($10.5M), Greece ($9.98M), Romania ($8.95M), and Lithuania ($6.25M).

The fastest growing export markets for Refined Petroleum of Ukraine between 2019 and 2020 were Romania ($8.15M), Estonia ($1.19M), and Switzerland ($1.09M).

Imports In 2020, Ukraine imported $3.59B in Refined Petroleum, becoming the 32nd 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: Russia ($1.36B), Belarus ($1.24B), Lithuania ($381M), Turkey ($208M), and Greece ($99.3M).

The fastest growing import markets in Refined Petroleum for Ukraine between 2019 and 2020 were Russia ($439M), Germany ($12.2M), and Romania ($7.85M).

Tariffs In 2018, the average tariff for Ukraine in Refined Petroleum was 3.96%. The countries with the highest import tariffs for Refined Petroleum were Angola (Most Favoured Nation duty rate treatement, 4.45%), Burundi (Most Favoured Nation duty rate treatement, 4.45%), Benin (Most Favoured Nation duty rate treatement, 4.45%), Burkina Faso (Most Favoured Nation duty rate treatement, 4.45%), and Botswana (Most Favoured Nation duty rate treatement, 4.45%).

Subnational Monthly Trade

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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

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EXPORTS (2020): $126M

IMPORTS (2020): $3.59B

NET TRADE (2020): -$3.47B

In 2020, Ukraine exported $126M in Refined Petroleum. The main destinations of Ukraine exports on Refined Petroleum were Latvia ($24.9M), Hungary ($10.5M), Greece ($9.98M), Romania ($8.95M), and Lithuania ($6.25M).

In 2020, Ukraine imported $3.59B in Refined Petroleum, mainly from Russia ($1.36B), Belarus ($1.24B), Lithuania ($381M), Turkey ($208M), and Greece ($99.3M).

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THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Ukraine WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Ukraine WERE (2019 - 2020):

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Market Concentration

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In 2020, Ukraine's main exporting competitors in Refined Petroleum were:

In 2020, Ukraine's main importing competitors in Refined Petroleum were:

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