BULLETIN

of Ukraine – EU trade relations current state^[1]

The European Union is Ukraine's main trading partner. According to the results of 2023, the share of trade in goods with the EU amounted to 56.0% of the total trade of Ukraine. Thus, in January-August 2024 it amounted 54.0%, while in the same period of 2023 – 55.8%

GOODS ^[2]

Total Trade             2023: $ 55.9 billion (↑1.9%).

Turnover                 8-2024: $ 39.3 billion (↑7.0%).

Exports         2023: $ 23.4 billion (↓16.1%):

Cereals – 19.6% (↓2.1%);

Fats and oils – 12.7% (↓2.5%);

Ferrous metals – 9.2% (↓22.3%);

Oil seeds and fruits – 8.3% (↓33.2%);

Ores and slags – 7.1% (↓30.1%);

Electric machines – 6.4% (↓35.0%);

Wood and articles of wood – 5.3% (↓22.9%);

Residues and waste from the food industries – 3.4% (↑55.8%).

8-2024: $ 16.4 billion (↑3.9%):

Cereals – 16.1% (↓18.6%);

Fats and oils – 13.9% (↑25.0%);

Ferrous metals – 8.5% (↓9.3%);

Electric machines – 8.3% (↑17.1%);

Oil seeds and fruits – 8.1% (↑24.1%);

Ores and slags – 7.2% (↑1.6%);

Wood and articles of wood – 4.9% (↓11.8%);

Furniture – 3.3% (↑11.5%).

Imports         2023: $ 32.5 billion (↑20.5%):

Energy materials – 20.4% (↑2.4%);

Ground transport facilities excluding railway – 11.3% (↑25.2%);

Nuclear reactors, boilers, machines – 8.2% (↑38.1%);

Electric machines – 5.0% (↑9.7%);

Plastics and polymeric materials – 4.8% (↑15.5%);

Pharmaceutical products – 4.7% (↑20.0%);

Fertilisers – 2.1% (↑62.4%);

Other chemical products - 2.0% (↓2.5%).

8-2024: $ 22.9 billion (↑9.3%):

Energy materials – 18.3% (↓6.2%);

Ground transport facilities excluding railway – 10.6% (↑6.3%);

Nuclear reactors, boilers, machines – 9.3% (↑28.4%);

Electric machines – 5.1% (↑12.4%);

Pharmaceutical products – 4.8% (↑13.9%);

Plastics and polymeric materials – 4.5% (↑0.6%);

Other chemical products – 2.2% (↑2.4%);

Fertilizers – 2.0% (↓18.5%).

Balance         2023: - $ 9.1 billion.

            8-2024: - $ 6.5 billion.