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-February 2024 it amounted 52.2%, while in the same period of 2023 – 55.2%

GOODS ^[2]

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

Turnover               2-2024: $ 8.8 billion (↓4.4%).

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%).

2-2024: $ 3.9 billion (↓4.1%):

Cereals – 21.4% (↓23.5%);

Fats and oils – 16.9% (↑79.6%);

Ferrous metals – 9.3% (↑17.3%);

Oil seeds and fruits – 8.9% (↓15.9%);

Ores and slags – 7.8% (↑30.1%);

Wood and articles of wood – 4.4% (↓11.5%);

Residues and waste from the food industries – 3.6% (↑8.7%);

Furniture – 2.6% (↓11.6%).

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%).

2-2024: $ 4.9 billion (↓4.6%):

Energy materials – 17.1% (↓52.1%);

Ground transport facilities excluding railway – 12.4% (↑39.2%);

Nuclear reactors, boilers, machines – 7.6% (↑40.5%);

Electric machines – 5.6% (↓3.4%);

Pharmaceutical products – 5.4% (↑27.8%);

Plastics and polymeric materials – 4.7% (↑10.1%);

Other chemical products – 2.5% (↓9.4%);

Ferrous metals – 2.2% (↑35.9%).

Balance        2023: - $ 9.1 billion.

          2-2024: - $ 0.9 billion.