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Bulletin of Ukraine – EU trade relations current state
20.02.2024 | 09:17

BULLETIN

of Ukraine – EU trade relations current state[1]

 

The European Union is Ukraine's main trading partner. According to the results of 2022, the share of trade in goods with the EU amounted to 55.2% of the total trade of Ukraine. In 2023 it amounted 56.0%.

GOODS [2]

Total Trade              2022: $ 54.9 billion (↓1.5%).

Turnover                  2023: $ 55.9 billion (↑1.9%).

Exports         2022: $ 27.9 billion (↑4.1%):

Cereals – 16.8% (↑141.7%);

Fats and oils – 11.0% (↑29.4%);

Oil seeds and fruits – 10.4% (↑96.5%);

Ferrous metals – 10.0% (↓48.7%);

Ores and slags – 8.5% (↓21.0%);

Electric machines – 8.3% (↓10.0%);

Wood and articles of wood – 5.8% (↑13.2%);

Energy materials – 3.3% (↑59.5%).

          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%).

Imports         2022: $ 27.0 billion (↓6.7%):

Energy materials – 24.0% (↑103.7%);

Ground transport facilities excluding railway – 10.8% (↓10.5%);

Nuclear reactors, boilers, machines – 7.1% (↓50.1%);

Electric machines – 5.6% (↓25.4%);

Plastics and polymeric materials – 5.0% (↓24.2%);

Pharmaceutical products – 4.8% (↓35.9%);

Other chemical products – 2.4% (↓20.2%).         

2023: $ 32.5 billion (↑20.5%):

Energy materials – 20.4% (↑2.4%);

Ground transport facilities excluding railway11.3% (↑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%).

Balance         2022: $ 0.9 billion.

            2023: - $ 9.1 billion.

 

[1] Based on the published data of the State Statistics Service of Ukraine

[2] According to the State Statistics Service and taking into account the situation that has developed in connection with Russia's military aggression against Ukraine with the support of Belarus, information on trade in services will be made public after the deadline for submitting statistical and financial reporting established by the Law of Ukraine "On protection of the interests of subjects submitting reports and other documents during the period of martial law or a state of war"

Ministry of Economy of Ukraine 01008, Ukraine, Kiyv city,
Grushevsky str., 12/2