Ministry of Economy of Ukraine

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-October 2024 it amounted 54.1%, while in the same period of 2023 – 56.3%

GOODS ^[2]

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

Turnover                  10-2024: $ 49.8 billion (↑7.9%).

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%).

         10-2024: $ 20.9 billion (↑6.5%):

Cereals – 15.5% (↓14.0%);

Fats and oils – 13.3% (↑19.1%);

Oil seeds and fruits – 9.8% (↑29.6%);

Electric machines – 8.5% (↑28.5%);

Ferrous metals – 8.5% (↓5.8%);

Ores and slags – 6.7% (↓2.8%);

Wood and articles of wood – 4.9% (↓7.9%);

Furniture – 3.3% (↑14.1%).

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%).

10-2024: $ 28.9 billion (↑9.0%):

Energy materials – 17.9% (↓6.8%);

Ground transport facilities excluding railway – 10.4% (↑2.0%);

Nuclear reactors, boilers, machines – 9.1% (↑18.4%);

Electric machines – 5.4% (↑18.5%);

Pharmaceutical products – 4.8% (↑15.3%);

Plastics and polymeric materials – 4.5% (↓0.5%);

Other chemical products – 2.0% (↑0.5%);

Fertilizers – 1.9% (↓16.7%).

Balance         2023: - $ 9.1 billion.

          10-2024: - $ 8.0 billion.