2023
Flag  
GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 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 
$64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 96 / 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

Netherlands-Ukraine Trade: In 2023, Netherlands exported $1.17B to Ukraine. The main products that Netherlands exported to Ukraine were Petroleum Gas ($151M), Refined Petroleum ($116M), and Tractors ($105M). Over the past 5 years the exports of Netherlands to Ukraine have increased at an annualized rate of 5.4%, from $900M in 2018 to $1.17B in 2023.

In 2009, Netherlands exported services to Ukraine worth $157M, with Services not allocated ($157M) being the largest in terms of value.

Ukraine-Netherlands Trade: In 2023, Ukraine exported $1.49B to Netherlands. The main products that Ukraine exported to Netherlands were Corn ($345M), Seed Oils ($333M), and Poultry Meat ($263M). Over the past 5 years the exports of Ukraine to Netherlands have decreased at an annualized rate of 1.83%,  from $1.63B in 2018 to $1.49B in 2023.

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

Comparison: In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B). 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, Netherlands exported $1.17B to Ukraine. The main products exported from Netherlands to Ukraine were Petroleum Gas ($151M), Refined Petroleum ($116M), and Tractors ($105M). During the last 5 years the exports of Netherlands to Ukraine have increased at an annualized rate of 5.4%, from $900M in 2018 to $1.17B in 2023.

In 2018, Ukraine exported $1.49B to Netherlands. The main products exported from Ukraine to Netherlands were Corn ($345M), Seed Oils ($333M), and Poultry Meat ($263M). During the last 5 years the exports of Ukraine to Netherlands have decreased at an annualized rate of 1.83%, from $1.63B in 2023 to $1.49B in 2018.

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

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

Market Competitiveness

Color
Netherlands
Top Destination
Germany$96.9B
Ukraine
Top Destination
Poland$4.83B

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

In 2023, countries that imported more from Netherlands than Ukraine included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

In 2023, countries that imported more from Ukraine than Netherlands included Moldova ($1.13B), Lebanon ($297M), and Azerbaijan ($204M).

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

Comparative Advantage Netherlands - Ukraine

Flow
Scale

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

During 2023, Netherlands had a large net trade with Ukraine in the exports of Mineral Products ($267M), Transportation ($160M), and Chemical Products ($137M).

During 2018, Ukraine had a large net trade with Netherlands in the exports of Vegetable Products ($585M), Animal and Vegetable Bi-Products ($361M), and Animal Products ($278M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Ukraine+$96.9MRefined Petroleum
Top Product Potential Ukraine Netherlands+$20.7MSeed 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 Netherlands and Ukraine. This means that a dot/product with the flag of Netherlands indicates it has a comparative advantage over Ukraine. Similarly, a dot/product with the flag of Ukraine indicates it has a comparative advantage over Netherlands.

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

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