2023
Flag  
GDP
$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH
16%CURRENT US$
Rnk 150 / 195
2023
Flag
 GDP
$179BCURRENT US$
Rnk 57 / 195
2013-2023
Flag
GDP GROWTH
-6.16%CURRENT US$
Rnk 179 / 195
2023
Flag
GDP PC 
$53,431CURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP PC GROWTH
1.51%CURRENT US$
Rnk 152 / 195
2023
Flag
GDP PC
$5,070CURRENT US$
Rnk 122 / 196
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 95 / 195

About

Canada-Ukraine Trade: In 2023, Canada exported $426M to Ukraine. The main products that Canada exported to Ukraine were Tanks and Armored vehicles ($203M), Military Weapons ($56.3M), and Weapons Parts and Accessories ($17.9M). Over the past 5 years the exports of Canada to Ukraine have increased at an annualized rate of 15.6%, from $206M in 2018 to $426M in 2023.

In 2020, Canada exported services to Ukraine worth $2.24M, with Royalties and license fees ($1.49M) and Computer and information services ($746k) being the largest in terms of value.

Ukraine-Canada Trade: In 2023, Ukraine exported $124M to Canada. The main products that Ukraine exported to Canada were Seed Oils ($28.9M), Radioactive Chemicals ($25.3M), and Other Measuring Instruments ($6.16M). Over the past 5 years the exports of Ukraine to Canada have increased at an annualized rate of 1.64%,  from $114M in 2018 to $124M in 2023.

In 2023, Ukraine did not export any services to Canada.

Comparison: In 2023,  Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B). That same year, Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Canada exported $426M to Ukraine. The main products exported from Canada to Ukraine were Tanks and Armored vehicles ($203M), Military Weapons ($56.3M), and Weapons Parts and Accessories ($17.9M). During the last 5 years the exports of Canada to Ukraine have increased at an annualized rate of 15.6%, from $206M in 2018 to $426M in 2023.

In 2018, Ukraine exported $124M to Canada. The main products exported from Ukraine to Canada were Seed Oils ($28.9M), Radioactive Chemicals ($25.3M), and Other Measuring Instruments ($6.16M). During the last 5 years the exports of Ukraine to Canada have increased at an annualized rate of 1.64%, from $114M in 2023 to $124M in 2018.

Exports from Canada (Flag) to Ukraine (Flag) (2023)

Exports from Ukraine (Flag) to Canada (Flag) (2023)

Market Competitiveness

Color
Canada
Top Destination
United States$410B
Ukraine
Top Destination
Poland$4.83B

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

In 2023, countries that imported more from Canada than Ukraine included United States ($410B), China ($31.1B), and United Kingdom ($18B).

In 2023, countries that imported more from Ukraine than Canada included Poland ($4.83B), Romania ($3.56B), and Turkey ($2.88B).

Difference in imports from Ukraine (Flag) and Canada (Flag) (2023)

Comparative Advantage Canada - Ukraine

Flow
Scale

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

During 2023, Canada had a large net trade with Ukraine in the exports of Transportation ($221M), Weapons ($82.4M), and Machines ($33.9M).

During 2018, Ukraine had a large net trade with Canada in the exports of Animal and Vegetable Bi-Products ($29.1M), Chemical Products ($26.8M), and Machines ($14.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Ukraine+$11.6MPackaged Medicaments
Top Product Potential Ukraine Canada+$10.2MElectric Heaters

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

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

Product Space of Canada (Flag) and Ukraine (Flag) (2023)

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