2022
Flag  
GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 186
2022
Flag
 GDP
$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 175 / 186
2022
Flag
GDP PC 
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC
$4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH
13.2%CURRENT US$
Rnk 103 / 186

About

Canada-Ukraine Trade: In 2022, Canada exported $148M to Ukraine. The main products that Canada exported to Ukraine were Tanks and Armored vehicles ($40.8M), Planes, Helicopters, and/or Spacecraft ($12.9M), and Non-fillet Frozen Fish ($12M). Over the past 5 years the exports of Canada to Ukraine have decreased at an annualized rate of 7.57%, from $220M in 2017 to $148M in 2022.

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 2022, Ukraine exported $145M to Canada. The main products that Ukraine exported to Canada were Semi-Finished Iron ($27.1M), Cars ($17.2M), and Seed Oils ($15.7M). Over the past 5 years the exports of Ukraine to Canada have increased at an annualized rate of 9.15%,  from $93.5M in 2017 to $145M in 2022.

In 2022, Ukraine did not export any services to Canada.

Comparison: In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). That same year, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $148M to Ukraine. The main products exported from Canada to Ukraine were Tanks and Armored vehicles ($40.8M), Planes, Helicopters, and/or Spacecraft ($12.9M), and Non-fillet Frozen Fish ($12M). During the last 5 years the exports of Canada to Ukraine have decreased at an annualized rate of 7.57%, from $220M in 2017 to $148M in 2022.

In 2017, Ukraine exported $145M to Canada. The main products exported from Ukraine to Canada were Semi-Finished Iron ($27.1M), Cars ($17.2M), and Seed Oils ($15.7M). During the last 5 years the exports of Ukraine to Canada have increased at an annualized rate of 9.15%, from $93.5M in 2022 to $145M in 2017.

Exports from Canada (Flag) to Ukraine (Flag) (2022)

Exports from Ukraine (Flag) to Canada (Flag) (2022)

Market Competitiveness

Color
Canada
Top Destination
United States$438B
Ukraine
Top Destination
Poland$6.7B

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 2022, countries that imported more from Canada than Ukraine included United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2022, countries that imported more from Ukraine than Canada included Poland ($6.7B), Romania ($3.94B), and Hungary ($2.28B).

Difference in imports from Ukraine (Flag) and Canada (Flag) (2022)

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 2022, Canada had a large net trade with Ukraine in the exports of Transportation ($60.3M), Animal Products ($22.5M), and Machines ($20.6M).

During 2017, Ukraine had a large net trade with Canada in the exports of Metals ($51M), Transportation ($24.8M), and Animal and Vegetable Bi-Products ($15.8M).

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) (2022)

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