2022
Exports
$69.6MWorld Rnk 112 / 214
Flag Rnk 80 / 1158
2022
PRODUCT COMPLEXITY IN Refined Petroleum
-0.87Rnk 795 / 1025
2022
Imports
$7.68BWorld Rnk 38 / 225
Flag Rnk 1 / 1188
2022
ECONOMIC COMPLEXITY of Ukraine
0.5Rnk 44 / 133

About

Exports In 2022, Ukraine exported $69.6M in Refined Petroleum, making it the 112th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 80th most exported product in Ukraine. The main destination of Refined Petroleum exports from Ukraine are: Lithuania ($16M), Turkey ($11.4M), Estonia ($6.02M), Hungary ($3.63M), and Libya ($2.57M).

The fastest growing export markets for Refined Petroleum of Ukraine between 2021 and 2022 were Lithuania ($11.7M), Liberia ($716k), and Dominican Republic ($387k).

Imports In 2022, Ukraine imported $7.68B in Refined Petroleum, becoming the 38th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Ukraine. Ukraine imports Refined Petroleum primarily from: Poland ($1.51B), Bulgaria ($877M), Lithuania ($706M), Belarus ($703M), and Moldova ($552M).

The fastest growing import markets in Refined Petroleum for Ukraine between 2021 and 2022 were Poland ($1.48B), Bulgaria ($731M), and Moldova ($542M).

Latest Trends

Aug 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 Refined 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 (2022)$69.6M
IMPORTS (2022)$7.68B
NET TRADE (2022)-$7.61B

In 2022, Ukraine exported $69.6M in Refined Petroleum. The main destinations of Ukraine exports on Refined Petroleum were Lithuania ($16M), Turkey ($11.4M), Estonia ($6.02M), Hungary ($3.63M), and Libya ($2.57M).

In 2022, Ukraine imported $7.68B in Refined Petroleum, mainly from Poland ($1.51B), Bulgaria ($877M), Lithuania ($706M), Belarus ($703M), and Moldova ($552M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Ukraine WERE (2021 - 2022):
Lithuania$11.7M (270%)
Liberia$716k (1.03k%)
Dominican Republic$387k (143%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Ukraine WERE (2021 - 2022):
Latvia-$34.4M (-99.7%)
Estonia-$22.9M (-79.2%)
Malta-$18.3M (-99.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ukraine's main exporting competitors in Refined Petroleum were:
In 2022, Ukraine's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.52M
TOP IMPORT POTENTIALNetherlands+ $96.9M

Refined Petroleum’s highest export potential is United States. With an export gap of $4.52M.   Refined Petroleum’s highest import potential is Netherlands with an import gap of $96.9M.

See methodology.

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