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2022
Exports $581kWorld Rnk 63 / 157
Flag Rnk 715 / 1158
2022
Destination $98.3k Russia
2021 - 2022
FASTEST GROWING MARKET $98.3kHungary
2022
PRODUCT COMPLEXITY IN Silicone1.72Rnk 20 / 1025
2022
Imports $8.42MWorld Rnk 66 / 215
Flag Rnk 536 / 1188
2022
Origin $347k China
2021 - 2022
FASTEST GROWING ORIGIN $347kUnited States
2022
ECONOMIC COMPLEXITY of Ukraine0.5Rnk 44 / 133

About

Exports In 2022, Ukraine exported $581k in Silicone, making it the 63rd largest exporter of Silicone in the world. At the same year, Silicone was the 715th most exported product in Ukraine. The main destination of Silicone exports from Ukraine are: Russia ($251k), Hungary ($123k), Turkey ($93.2k), Lithuania ($24.7k), and Moldova ($16.3k).

The fastest growing export markets for Silicone of Ukraine between 2021 and 2022 were Hungary ($98.3k), Turkey ($88.6k), and Lithuania ($24.7k).

Imports In 2022, Ukraine imported $8.42M in Silicone, becoming the 66th largest importer of Silicone in the world. At the same year, Silicone was the 536th most imported product in Ukraine. Ukraine imports Silicone primarily from: China ($2.65M), Germany ($2.11M), Poland ($1.24M), United States ($518k), and Belgium ($211k).

The fastest growing import markets in Silicone for Ukraine between 2021 and 2022 were United States ($347k), India ($122k), and Bulgaria ($112k).

Latest Trends

Jul 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 Silicone. 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)$581k
IMPORTS (2022)$8.42M
NET TRADE (2022)-$7.84M

In 2022, Ukraine exported $581k in Silicone. The main destinations of Ukraine exports on Silicone were Russia ($251k), Hungary ($123k), Turkey ($93.2k), Lithuania ($24.7k), and Moldova ($16.3k).

In 2022, Ukraine imported $8.42M in Silicone, mainly from China ($2.65M), Germany ($2.11M), Poland ($1.24M), United States ($518k), and Belgium ($211k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silicone EXPORT MARKETS FOR Ukraine WERE (2021 - 2022):
Hungary$98.3k (403%)
Turkey$88.6k (1.95k%)
Lithuania$24.7k (95k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silicone BY Ukraine WERE (2021 - 2022):
Russia-$504k (-66.8%)
Belarus-$58.4k (-99.9%)
Uzbekistan-$9.58k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ukraine's main exporting competitors in Silicone were:
China $2.2B
Germany $2.07B
United States $1.55B
In 2022, Ukraine's main importing competitors in Silicone were:
United States $1.2B
China $1B
South Korea $600M

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Trade Value of Silicone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $79.6k
TOP IMPORT POTENTIALChina+ $920k

Silicone’s highest export potential is Turkey. With an export gap of $79.6k.   Silicone’s highest import potential is China with an import gap of $920k.

See methodology.

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