2022
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GDP
$161BCURRENT US$
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2012-2022
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GDP GROWTH
-12.1%CURRENT US$
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2022
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 GDP
$2.01TCURRENT US$
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2012-2022
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GDP GROWTH
-3.67%CURRENT US$
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2022
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GDP PC 
$4,534CURRENT US$
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2012-2022
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GDP PC GROWTH
13.2%CURRENT US$
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2022
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GDP PC
$34,158CURRENT US$
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2012-2022
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GDP PC GROWTH
-2.55%CURRENT US$
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About

Ukraine-Italy In 2022, Ukraine exported $1.71B to Italy. The main products that Ukraine exported to Italy are Seed Oils ($328M), Corn ($327M), and Semi-Finished Iron ($147M). During the last 27 years the exports of Ukraine to Italy have increased at an annualized rate of 3.24%, from $724M in 1995 to $1.71B in 2022.

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

Italy-Ukraine In 2022, Italy exported $1.42B to Ukraine. The main products that Italy exported to Ukraine were Processed Tobacco ($76.7M), Non-Knit Women's Suits ($38.6M), and Wine ($38.2M). During the last 27 years the exports of Italy to Ukraine have increased at an annualized rate of 5.33%, from $350M in 1995 to $1.42B in 2022.

In 2002, Italy exported services to Ukraine worth $56.6M, with Travel ($30.4M), Other business services ($17.8M), and Transportation ($8.39M) being the largest in terms of value.

Comparison In 2022,  Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B). That same year, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ukraine exported $1.71B to Italy. The main products exported from Ukraine to Italy were Seed Oils ($328M), Corn ($327M), and Semi-Finished Iron ($147M). During the last 27 years the exports of Ukraine to Italy have increased at an annualized rate of 3.24%, from $724M in 1995 to $1.71B in 2022.

In 2022, Italy exported $1.42B to Ukraine. The main products exported from Italy to Ukraine were Processed Tobacco ($76.7M), Non-Knit Women's Suits ($38.6M), and Wine ($38.2M). During the last 27 years the exports of Italy to Ukraine have increased at an annualized rate of 5.33%, from $350M in 1995 to $1.42B in 2022.

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

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

Latest Data

Trade between Ukraine (Flag) and Italy (Flag)

Ukraine Exports

Italy Exports

Market Competitiveness

Color
Ukraine
Top Destination
Poland$6.7B
Italy
Top Destination
Germany$78.5B

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

In 2021, countries that imported more from Ukraine than Italy were Moldova ($929M), Ethiopia ($289M), and Yemen ($108M).

In 2021, countries that imported more from Italy than Ukraine were Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

Comparative Advantage Ukraine - Italy

Flow
Scale

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

During 2022, Ukraine had a large net trade with Italy in the exports of Vegetable Products ($525M), Metals ($424M), and Animal and Vegetable Bi-Products ($328M).

During 2022, Italy had a large net trade with Ukraine in the exports of Machines ($406M), Foodstuffs ($226M), and Chemical Products ($153M).

Service Trade

Bilateral Service Trade

Ita Year

In 2002, Italy exported services to Ukraine worth $56.6M, with Travel ($30.4M), Other business services ($17.8M), and Transportation ($8.39M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Italy (Flag) to Ukraine (Flag) (2002)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Ukraine has comparative advantage over Italy. Similarly, the more yellow a dot/product is, the more Italy has comparative advantage over Ukraine.

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

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