2023
Exports
$264MWorld Rnk 38 / 199
Flag Rnk 24 / 1151
2023
PRODUCT COMPLEXITY IN Gas Turbines
0.7Rnk 283 / 1025
2023
Imports
$120MWorld Rnk 68 / 210
Flag Rnk 101 / 1190
2023
ECONOMIC COMPLEXITY of Ukraine
0.39Rnk 47 / 132

About

Exports In 2023, Ukraine exported $264M in Gas Turbines, making it the 38th largest exporter of Gas Turbines in the world. At the same year, Gas Turbines was the 24th most exported product in Ukraine. The main destination of Gas Turbines exports from Ukraine are: India ($72.7M), Turkey ($36.7M), United Kingdom ($35.9M), China ($23.6M), and Sweden ($16.1M).

The fastest growing export markets for Gas Turbines of Ukraine between 2022 and 2023 were India ($43.9M), United Kingdom ($24.8M), and United Arab Emirates ($12.5M).

Imports In 2023, Ukraine imported $120M in Gas Turbines, becoming the 68th largest importer of Gas Turbines in the world. At the same year, Gas Turbines was the 101st most imported product in Ukraine. Ukraine imports Gas Turbines primarily from: Sweden ($58.2M), Slovakia ($41M), Czechia ($11.5M), Mali ($1.98M), and Democratic Republic of the Congo ($1.45M).

The fastest growing import markets in Gas Turbines for Ukraine between 2022 and 2023 were Sweden ($56.7M), Slovakia ($41M), and Czechia ($11.1M).

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 Gas Turbines. 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)$264M
IMPORTS (2023)$120M
NET TRADE (2023)$144M

In 2023, Ukraine exported $264M in Gas Turbines. The main destinations of Ukraine exports on Gas Turbines were India ($72.7M), Turkey ($36.7M), United Kingdom ($35.9M), China ($23.6M), and Sweden ($16.1M).

In 2023, Ukraine imported $120M in Gas Turbines, mainly from Sweden ($58.2M), Slovakia ($41M), Czechia ($11.5M), Mali ($1.98M), and Democratic Republic of the Congo ($1.45M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Gas Turbines EXPORT MARKETS FOR Ukraine WERE (2022 - 2023):
India$43.9M (152%)
United Kingdom$24.8M (225%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas Turbines BY Ukraine WERE (2022 - 2023):
China-$55.8M (-70.3%)
Singapore-$24.4M (-91.6%)
Germany-$18.1M (-72.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Gas Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $19.3M
TOP IMPORT POTENTIALPoland+ $2.44M

Gas Turbines’s highest export potential is China. With an export gap of $19.3M.   Gas Turbines’s highest import potential is Poland with an import gap of $2.44M.

See methodology.

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