2023
Exports
$869MWorld Rnk 37 / 223
Flag Rnk 8 / 1151
2023
PRODUCT COMPLEXITY IN Insulated Wire
-0.48Rnk 691 / 1025
2023
Imports
$440MWorld Rnk 52 / 225
Flag Rnk 21 / 1190
2023
ECONOMIC COMPLEXITY of Ukraine
0.39Rnk 47 / 132

About

Exports In 2023, Ukraine exported $869M in Insulated Wire, making it the 37th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 8th most exported product in Ukraine. The main destination of Insulated Wire exports from Ukraine are: Germany ($241M), Czechia ($159M), Poland ($122M), Slovakia ($88.1M), and Hungary ($63M).

The fastest growing export markets for Insulated Wire of Ukraine between 2022 and 2023 were Austria ($11.6M), Lithuania ($3.05M), and Brazil ($3.01M).

Imports In 2023, Ukraine imported $440M in Insulated Wire, becoming the 52nd largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 21st most imported product in Ukraine. Ukraine imports Insulated Wire primarily from: Hungary ($149M), Poland ($63.3M), China ($52.2M), Czechia ($42.6M), and Germany ($29.9M).

The fastest growing import markets in Insulated Wire for Ukraine between 2022 and 2023 were Hungary ($6.02M), Germany ($5.5M), and Slovakia ($5.19M).

Latest Trends

Jan 2025

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 Insulated Wire. 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)$869M
IMPORTS (2023)$440M
NET TRADE (2023)$430M

In 2023, Ukraine exported $869M in Insulated Wire. The main destinations of Ukraine exports on Insulated Wire were Germany ($241M), Czechia ($159M), Poland ($122M), Slovakia ($88.1M), and Hungary ($63M).

In 2023, Ukraine imported $440M in Insulated Wire, mainly from Hungary ($149M), Poland ($63.3M), China ($52.2M), Czechia ($42.6M), and Germany ($29.9M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Ukraine WERE (2022 - 2023):
Austria$11.6M (43.5%)
Lithuania$3.05M (36.5%)
Brazil$3.01M (215%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Ukraine WERE (2022 - 2023):
Germany-$168M (-41.1%)
Hungary-$97.8M (-60.8%)
Poland-$95M (-43.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $55.3M
TOP IMPORT POTENTIALPoland+ $27.4M

Insulated Wire’s highest export potential is Germany. With an export gap of $55.3M.   Insulated Wire’s highest import potential is Poland with an import gap of $27.4M.

See methodology.

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