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2022
Flag → Flag
Exports $231MRnk 37 / 187
2022
Flag → Flag
Top Product $116MRefined Petroleum
2022
Flag → Flag
Exports $342MRnk 25 / 191
2022
Flag → Flag
Top Product $118MCorn
2022
Flag
Economic Complexity (ECI) ECI 1.23Rnk 20 / 133
2022
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Economic Complexity (ECI) ECI 0.5Rnk 44 / 133
2022
Flag  
GDP$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH99%CURRENT US$
Rnk 14 / 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 $54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH64.9%CURRENT US$
Rnk 21 / 186
2022
Flag
GDP PC$4,534CURRENT US$
Rnk 115 / 186
2012-2022
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GDP PC GROWTH13.2%CURRENT US$
Rnk 103 / 186

About

Israel-Ukraine Trade: In 2022, Israel exported $231M to Ukraine. The main products that Israel exported to Ukraine were Refined Petroleum ($116M), Other Headwear ($23.1M), and Pesticides ($17.6M). Over the past 5 years the exports of Israel to Ukraine have increased at an annualized rate of 7.41%, from $162M in 2017 to $231M in 2022.

In 2012, Israel exported services to Ukraine worth $10.6M, with Computer and information services ($10.6M) being the largest in terms of value.

Ukraine-Israel Trade: In 2022, Ukraine exported $342M to Israel. The main products that Ukraine exported to Israel were Corn ($118M), Wheat ($34.5M), and Seed Oils ($26.6M). Over the past 5 years the exports of Ukraine to Israel have decreased at an annualized rate of 10.9%,  from $608M in 2017 to $342M in 2022.

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

Comparison: In 2022,  Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B). 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, Israel exported $231M to Ukraine. The main products exported from Israel to Ukraine were Refined Petroleum ($116M), Other Headwear ($23.1M), and Pesticides ($17.6M). During the last 5 years the exports of Israel to Ukraine have increased at an annualized rate of 7.41%, from $162M in 2017 to $231M in 2022.

In 2017, Ukraine exported $342M to Israel. The main products exported from Ukraine to Israel were Corn ($118M), Wheat ($34.5M), and Seed Oils ($26.6M). During the last 5 years the exports of Ukraine to Israel have decreased at an annualized rate of 10.9%, from $608M in 2022 to $342M in 2017.

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

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

Latest Data

Trade between Israel (Flag) and Ukraine (Flag)

Israel Exports

Ukraine Exports

Market Competitiveness

Color
Israel
Top DestinationUnited States$20.3B
Ukraine
Top DestinationPoland$6.7B

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

In 2022, countries that imported more from Israel than Ukraine included United States ($20.3B), Palestine ($4.6B), and Ireland ($3.86B).

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

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

Comparative Advantage Israel - Ukraine

Flow
Scale

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

During 2022, Israel had a large net trade with Ukraine in the exports of Mineral Products ($117M), Chemical Products ($31.4M), and Footwear and Headwear ($23.2M).

During 2017, Ukraine had a large net trade with Israel in the exports of Vegetable Products ($178M), Metals ($36M), and Animal and Vegetable Bi-Products ($31.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel Ukraine+$16.3MRefined Petroleum
Top Product Potential Ukraine Israel+$6.75MSeed Oils

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 Israel and Ukraine. This means that a dot/product with the flag of Israel indicates it has a comparative advantage over Ukraine. Similarly, a dot/product with the flag of Ukraine indicates it has a comparative advantage over Israel.

Product Space of Israel (Flag) and Ukraine (Flag) (2022)

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