2023
Exports
$16.8MWorld Rnk 41 / 190
Flag Rnk 201 / 1151
2023
PRODUCT COMPLEXITY IN Stranded Iron Wire
0.24Rnk 479 / 1025
2023
Imports
$10.4MWorld Rnk 78 / 222
Flag Rnk 534 / 1190
2023
ECONOMIC COMPLEXITY of Ukraine
0.39Rnk 47 / 132

About

Exports In 2023, Ukraine exported $16.8M in Stranded Iron Wire, making it the 41st largest exporter of Stranded Iron Wire in the world. At the same year, Stranded Iron Wire was the 201st most exported product in Ukraine. The main destination of Stranded Iron Wire exports from Ukraine are: Romania ($2.5M), Poland ($2.3M), Lithuania ($2.23M), Estonia ($1.91M), and Hungary ($1.89M).

The fastest growing export markets for Stranded Iron Wire of Ukraine between 2022 and 2023 were Poland ($852k), Bulgaria ($583k), and Germany ($247k).

Imports In 2023, Ukraine imported $10.4M in Stranded Iron Wire, becoming the 78th largest importer of Stranded Iron Wire in the world. At the same year, Stranded Iron Wire was the 534th most imported product in Ukraine. Ukraine imports Stranded Iron Wire primarily from: China ($2.28M), Turkey ($1.32M), Slovakia ($1.13M), Malaysia ($1.09M), and Hungary ($873k).

The fastest growing import markets in Stranded Iron Wire for Ukraine between 2022 and 2023 were China ($1.67M), Turkey ($732k), and Czechia ($516k).

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 Stranded Iron Wire. 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)$16.8M
IMPORTS (2023)$10.4M
NET TRADE (2023)$6.45M

In 2023, Ukraine exported $16.8M in Stranded Iron Wire. The main destinations of Ukraine exports on Stranded Iron Wire were Romania ($2.5M), Poland ($2.3M), Lithuania ($2.23M), Estonia ($1.91M), and Hungary ($1.89M).

In 2023, Ukraine imported $10.4M in Stranded Iron Wire, mainly from China ($2.28M), Turkey ($1.32M), Slovakia ($1.13M), Malaysia ($1.09M), and Hungary ($873k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Stranded Iron Wire EXPORT MARKETS FOR Ukraine WERE (2022 - 2023):
Poland$852k (59%)
Bulgaria$583k (126%)
Germany$247k (122%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stranded Iron Wire BY Ukraine WERE (2022 - 2023):
Hungary-$3.62M (-65.7%)
Finland-$3.36M (-75.5%)
Slovakia-$2.29M (-89.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ukraine's main exporting competitors in Stranded Iron Wire were:
In 2023, Ukraine's main importing competitors in Stranded Iron Wire were:

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Trade Value of Stranded Iron Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $1.54M
TOP IMPORT POTENTIALChina+ $861k

Stranded Iron Wire’s highest export potential is Poland. With an export gap of $1.54M.   Stranded Iron Wire’s highest import potential is China with an import gap of $861k.

See methodology.

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