2023
Exports
$5.26BWorld Rnk 1 / 150
Flag Rnk 2 / 1151
2023
PRODUCT COMPLEXITY IN Seed Oils
-0.97Rnk 825 / 1025
2023
Imports
$1.78MWorld Rnk 142 / 216
Flag Rnk 816 / 1190
2023
ECONOMIC COMPLEXITY of Ukraine
0.39Rnk 47 / 132

About

Exports In 2023, Ukraine exported $5.26B in Seed Oils, making it the 1st largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 2nd most exported product in Ukraine. The main destination of Seed Oils exports from Ukraine are: Romania ($958M), Turkey ($936M), China ($535M), Poland ($356M), and India ($338M).

The fastest growing export markets for Seed Oils of Ukraine between 2022 and 2023 were Romania ($539M), China ($192M), and Turkey ($184M).

Imports In 2023, Ukraine imported $1.78M in Seed Oils, becoming the 142nd largest importer of Seed Oils in the world. At the same year, Seed Oils was the 816th most imported product in Ukraine. Ukraine imports Seed Oils primarily from: Poland ($483k), Turkey ($305k), Romania ($284k), Moldova ($223k), and Spain ($176k).

The fastest growing import markets in Seed Oils for Ukraine between 2022 and 2023 were Poland ($443k), Romania ($259k), and Spain ($166k).

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 Seed Oils. 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)$5.26B
IMPORTS (2023)$1.78M
NET TRADE (2023)$5.25B

In 2023, Ukraine exported $5.26B in Seed Oils. The main destinations of Ukraine exports on Seed Oils were Romania ($958M), Turkey ($936M), China ($535M), Poland ($356M), and India ($338M).

In 2023, Ukraine imported $1.78M in Seed Oils, mainly from Poland ($483k), Turkey ($305k), Romania ($284k), Moldova ($223k), and Spain ($176k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Seed Oils EXPORT MARKETS FOR Ukraine WERE (2022 - 2023):
Romania$539M (129%)
China$192M (56.1%)
Turkey$184M (24.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seed Oils BY Ukraine WERE (2022 - 2023):
India-$463M (-57.9%)
Bulgaria-$164M (-46.6%)
Poland-$146M (-29.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ukraine's main exporting competitors in Seed Oils were:
Russia $3.51B
Turkey $1.38B
In 2023, Ukraine's main importing competitors in Seed Oils were:
India $2.43B
China $1.62B
Turkey $1.47B

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Trade Value of Seed Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $60M
TOP IMPORT POTENTIALTurkey+ $741k

Seed Oils’s highest export potential is China. With an export gap of $60M.   Seed Oils’s highest import potential is Turkey with an import gap of $741k.

See methodology.

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