2023
Exports
$106MWorld Rnk 56 / 102
Flag Rnk 47 / 1151
falsefalse Belgium
2023
PRODUCT COMPLEXITY IN Electricity
-0.74Rnk 770 / 1025
2023
Imports
$197MWorld Rnk 49 / 126
Flag Rnk 56 / 1190
2023
ECONOMIC COMPLEXITY of Ukraine
0.39Rnk 47 / 132

About

Exports In 2023, Ukraine exported $106M in Electricity, making it the 56th largest exporter of Electricity in the world. At the same year, Electricity was the 47th most exported product in Ukraine. The main destination of Electricity exports from Ukraine are: Belgium ($55.3M), Moldova ($21.4M), Slovakia ($14.3M), Poland ($13.3M), and Romania ($1.3M).

Imports In 2023, Ukraine imported $197M in Electricity, becoming the 49th largest importer of Electricity in the world. At the same year, Electricity was the 56th most imported product in Ukraine. Ukraine imports Electricity primarily from: Slovakia ($92M), Belgium ($54.1M), Moldova ($22.3M), Poland ($17M), and Romania ($11.5M).

The fastest growing import markets in Electricity for Ukraine between 2022 and 2023 were Slovakia ($30M), Poland ($17M), and Romania ($7.34M).

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 Electricity. 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)$106M
IMPORTS (2023)$197M
NET TRADE (2023)-$91.4M

In 2023, Ukraine exported $106M in Electricity. The main destinations of Ukraine exports on Electricity were Belgium ($55.3M), Moldova ($21.4M), Slovakia ($14.3M), Poland ($13.3M), and Romania ($1.3M).

In 2023, Ukraine imported $197M in Electricity, mainly from Slovakia ($92M), Belgium ($54.1M), Moldova ($22.3M), Poland ($17M), and Romania ($11.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electricity BY Ukraine WERE (2022 - 2023):
Poland-$158M (-92.2%)
Slovakia-$134M (-90.3%)
Romania-$117M (-98.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Electricity by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHungary+ $29.6M
TOP IMPORT POTENTIALRomania+ $12.2M

Electricity’s highest export potential is Hungary. With an export gap of $29.6M.   Electricity’s highest import potential is Romania with an import gap of $12.2M.

See methodology.

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