2023
Exports
$961kWorld Rnk 44 / 99
Flag Rnk 593 / 1151
2023
PRODUCT COMPLEXITY IN Iron Reductions
-1.12Rnk 860 / 1025
2023
Imports
$6.9kWorld Rnk 113 / 142
Flag Rnk 1162 / 1190
2023
ECONOMIC COMPLEXITY of Ukraine
0.39Rnk 47 / 132

About

Exports In 2023, Ukraine exported $961k in Iron Reductions, making it the 44th largest exporter of Iron Reductions in the world. At the same year, Iron Reductions was the 593rd most exported product in Ukraine. The main destination of Iron Reductions exports from Ukraine are: Saudi Arabia ($951k), United Arab Emirates ($9.4k), and China ($389).

The fastest growing export markets for Iron Reductions of Ukraine between 2022 and 2023 were Saudi Arabia ($690k), United Arab Emirates ($9.4k), and China ($389).

Imports In 2023, Ukraine imported $6.9k in Iron Reductions, becoming the 113th largest importer of Iron Reductions in the world. At the same year, Iron Reductions was the 1162nd most imported product in Ukraine. Ukraine imports Iron Reductions primarily from: China ($6.9k).

The fastest growing import markets in Iron Reductions for Ukraine between 2022 and 2023 were China ($6.9k).

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 Iron Reductions. 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)$961k
IMPORTS (2023)$6.9k
NET TRADE (2023)$954k

In 2023, Ukraine exported $961k in Iron Reductions. The main destinations of Ukraine exports on Iron Reductions were Saudi Arabia ($951k), United Arab Emirates ($9.4k), and China ($389).

In 2023, Ukraine imported $6.9k in Iron Reductions, mainly from China ($6.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Reductions EXPORT MARKETS FOR Ukraine WERE (2022 - 2023):
Saudi Arabia$690k (265%)
China$389 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Reductions BY Ukraine WERE (2022 - 2023):
Italy-$8.85M (-100%)
India-$50.9k (-100%)
Senegal-$1.14k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Iron Reductions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $124k
TOP IMPORT POTENTIALRussia+ $571

Iron Reductions’s highest export potential is India. With an export gap of $124k.   Iron Reductions’s highest import potential is Russia with an import gap of $571.

See methodology.

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