2023
Exports
$9.55MWorld Rnk 91 / 150
Flag Rnk 267 / 1151
2023
PRODUCT COMPLEXITY IN Crude Petroleum
-2.37Rnk 1015 / 1025
2023
Imports
$21.4kWorld Rnk 114 / 159
Flag Rnk 1144 / 1190
2023
ECONOMIC COMPLEXITY of Ukraine
0.39Rnk 47 / 132

About

Exports In 2023, Ukraine exported $9.55M in Crude Petroleum, making it the 91st largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 267th most exported product in Ukraine. The main destination of Crude Petroleum exports from Ukraine are: Lithuania ($8.58M), Romania ($295k), Serbia ($217k), Marshall Islands ($188k), and Latvia ($160k).

The fastest growing export markets for Crude Petroleum of Ukraine between 2022 and 2023 were Lithuania ($6.51M), Marshall Islands ($188k), and Serbia ($161k).

Imports In 2023, Ukraine imported $21.4k in Crude Petroleum, becoming the 114th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1144th most imported product in Ukraine. Ukraine imports Crude Petroleum primarily from: Romania ($20.5k) and Poland ($805).

The fastest growing import markets in Crude Petroleum for Ukraine between 2022 and 2023 were Romania ($20.5k) and Poland ($327).

Latest Trends

Dec 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 (2023)$9.55M
IMPORTS (2023)$21.4k
NET TRADE (2023)$9.52M

In 2023, Ukraine exported $9.55M in Crude Petroleum. The main destinations of Ukraine exports on Crude Petroleum were Lithuania ($8.58M), Romania ($295k), Serbia ($217k), Marshall Islands ($188k), and Latvia ($160k).

In 2023, Ukraine imported $21.4k in Crude Petroleum, mainly from Romania ($20.5k) and Poland ($805).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Ukraine WERE (2022 - 2023):
Lithuania$6.51M (314%)
Serbia$161k (287%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Ukraine WERE (2022 - 2023):Moldova-$509 (-4.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ukraine's main exporting competitors in Crude Petroleum were:
In 2023, Ukraine's main importing competitors in Crude Petroleum were:

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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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