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Pricing

2022
Exports $2.41MWorld Rnk 98 / 149
Flag Rnk 480 / 1158
2022
Destination $2.07M Lithuania
2021 - 2022
FASTEST GROWING MARKET $2.07MLithuania
2022
PRODUCT COMPLEXITY IN Crude Petroleum-2.25Rnk 1011 / 1025
2022
Imports $305MWorld Rnk 67 / 158
Flag Rnk 27 / 1188
2022
Origin $478 Azerbaijan
2021 - 2022
FASTEST GROWING ORIGIN $478Poland
2022
ECONOMIC COMPLEXITY of Ukraine0.5Rnk 44 / 133

About

Exports In 2022, Ukraine exported $2.41M in Crude Petroleum, making it the 98th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 480th most exported product in Ukraine. The main destination of Crude Petroleum exports from Ukraine are: Lithuania ($2.07M), Romania ($274k), Serbia ($54.8k), and Moldova ($12.5k).

The fastest growing export markets for Crude Petroleum of Ukraine between 2021 and 2022 were Lithuania ($2.07M), Serbia ($54.8k), and Moldova ($12.5k).

Imports In 2022, Ukraine imported $305M in Crude Petroleum, becoming the 67th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 27th most imported product in Ukraine. Ukraine imports Crude Petroleum primarily from: Azerbaijan ($305M), Latvia ($161k), and Poland ($478).

The fastest growing import markets in Crude Petroleum for Ukraine between 2021 and 2022 were Poland ($478).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Crude Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.41M
IMPORTS (2022)$305M
NET TRADE (2022)-$303M

In 2022, Ukraine exported $2.41M in Crude Petroleum. The main destinations of Ukraine exports on Crude Petroleum were Lithuania ($2.07M), Romania ($274k), Serbia ($54.8k), and Moldova ($12.5k).

In 2022, Ukraine imported $305M in Crude Petroleum, mainly from Azerbaijan ($305M), Latvia ($161k), and Poland ($478).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Ukraine WERE (2021 - 2022):
Lithuania$2.07M (1%)
Serbia$54.8k (1%)
Moldova$12.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Ukraine WERE (2021 - 2022):
Romania-$27.4M (-99%)
United Arab Emirates-$24.8k (-100%)
France-$1.57k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ukraine's main exporting competitors in Crude Petroleum were:
Saudi Arabia $236B
Russia $133B
Canada $123B
In 2022, Ukraine's main importing competitors in Crude Petroleum were:
China $287B
United States $199B
India $170B

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRomania+ $399k
TOP IMPORT POTENTIALLatvia+ $73.6k

Crude Petroleum’s highest export potential is Romania. With an export gap of $399k.   Crude Petroleum’s highest import potential is Latvia with an import gap of $73.6k.

See methodology.

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