In 2017, Ukraine was the world’s eleventh largest steel exporter. Ukraine is the world’s eleventh-largest steel exporter. "In 2017 trade turnover between our countries amounted to almost $1.5 billion, of which Ukrainian exports were $1.28 billion. Trade turnover between Ukraine and the Netherlands increased by 69% in 2017, while by 21% in January-March 2018, mainly due to an increase in exports, the Ministry of Agrarian Policy and Food has said. latest available trade, tariff, trade barriers and other trade related data, Top 5 Products exports imports at HS 6 digit level, GNI per capita, Atlas method (current US$). In 2009, the EU had a trade surplus with the Ukraine of EUR 6 billion. Ukraine Trade Last Previous Highest Lowest Unit; Balance of Trade -526.90-272.20: 688.00-2364.90: USD Million: Current Account crude); preparation. Total number of products exported by a country at the Harmonized System six digit level in any given year. Ukraine is the 50th largest export economy in the world and the 39th most complex economy according to the Economic Complexity Index (ECI). The numbers just came in, and it turns out Ukraine’s biggest trading partner in 2017 was…Russia. Harmonized System 1988/92, SITC Revision 2. Despite the difficult political and economic climate, Ukraine continues to offer opportunities in a broad range of sectors. Ukraine exports, imports, tariff by year. Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product. GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. Aligning Ukraine’s honey-related industry and legislation with EU standards is a requirement of the Deep and Comprehensive Free Trade Agreement that went into effect in 2017. In year-to-date 2017 (through September), further referred to as YTD 2017, Ukraine exported 11.2 million metric tons of steel, a 20 percent decrease from 13.9 million metric tons in YTD 2016. ��K�L7�A}��"s?�a������ه/�,����/��*��? From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States. EU trade with Ukraine back to growth . Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. endobj Ukraine’s exports represented about 4 percent of all steel exported globally in 2016, based on available data. Merchandise trade and tariff statistics data for Ukraine (UKR) imports, from partner countries including trade value, number of products, Partner share, Share in total products, MFN and Effectively Applied Tariffs, duty free imports, dutiable imports, and free lines and number of trade agreements for year 2017 x��\[o�8~����-`֌x��E�^f�Y��v�b:��&J�cg����=��|YG�q:������xxxne99�\\��'��͟'��7�ɻ��t>)�����ݧ?�g1�(�ϟ���_��e,�Y���Ϭ���-�������G'o���������ȸe���u&�Z���/9>z|��'fp�2�Ӆ���n$۾�Y�q�K͜��k�qz=�*,{�`�Ɂ�x.�P�j5޼~��1��o���rE stream Hirschman Herfindahl index is a measure of the dispersion of trade value across an exporter’s partners. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. Total Import/Export Value in thousands of US Dollars current value. Read more Economic Policy & Debt: National accounts: US$ at current prices: Aggregate indicators. This statistic shows the main export partners of Ukraine as of 2017. I�s!��L�Q�m8#��̣Ե�p��M� �/C��믬�B�n�n�z�~��P�'�T��3�5�vx�Z��9�r��a�~��_߾b'���,����Ţ���0&� �$cz P�l7D:�p;U7��iF�6*r*k���VYDe6�D��q"����I`�� X�+ae�j�Fu{��/����th/�c��7��\�ι�M;xWg��&^����`��CkGɚ�b'�p�޾:}Ͳ��ME��@6c�w�N��*����^x&�����B�XX�qA҈S� c���A9��F#�&? 3 0 obj He noted that the level of sales of domestic goods and services abroad in 2017 increased by 16%, with the EU's share in total exports from Ukraine amounted to 40.5%. Ukraine trade balance, exports and imports by country 2017 In 2017, Ukraine major trading partner countries for exports were Russian Federation, Poland, Turkey, Italy and India and for imports they were Russian Federation, China, Germany, Poland and Belarus. Data are in current U.S. dollars. 1) Mirror Exports is considered for export data 2) All Countries except World and EUN are considered as partner group 3) Product 'Total' is used for this computation 4) The indicator is computed at reporter-partner level and aggregated to reporter level. Exports continue to be affected by weak global demand due to trade disputes. Economic Policy & Debt: National accounts: Atlas GNI & GNI per capita, Difference between Exports of goods and services (% of GDP) and Imports of goods and services (% of GDP), Indicator codes: NE.EXP.GNFS.ZS, NE.IMP.GNFS.ZS, Difference between Exports of goods and services (current US$) and Imports of goods and services (current US$), Indicator codes: NE.EXP.GNFS.CD, NE.IMP.GNFS.CD. By contrast, the value of Ukraine’s YTD 2017 exports increased by 37 percent compared to YTD 2016 — from $1.3 billion to $1.8 billion. Of course, the contribution of individual Ukrainian companies to the total export varies greatly. Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars. This performance should be seen against the backdrop of the continued decline in Ukraine's exports to the rest of the world (i.e. Semi-finished products accounted for the largest volume share of Ukraine’s steel exports at 41 Ukraine is the 26th EU trading partner after Thailand and before Egypt, accounting for slightly less than 1% of total extra-EU trade in goods in 2016. In 2017, Ukraine exported 15.2 million metric tons of steel, a 17 percent decrease from 18.2 million metric tons in 2016. Ukraine’s exports represented about 4 percent of all steel exported globally in 2018, based on available data. Semi-finished products accounted for the largest volume share of Ukraine’s steel exports at 40 Although bilateral trade with Ukraine is currently limited, there is significant potential for developing trade and economic relations, particularly in the areas of agriculture and information technology. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. endobj Following two years of declining trade, due to external aggression, a global decrease in commodity prices and severe economic crisis, exports from Ukraine to the EU began to increase again in 2016, by 3,7% in 2016 (to a total of 13,5 bn$). 2 0 obj This includes sanitary and veterinary norms. Albeit the growth of imports was faster than the rate of exports boost. endobj In general, in 2017 the amount of domestic exports increased to $ 52.3 billion. In 2015, food and other agricultural products (worth $13 billion), metallurgy ($8.8 billion) and machinery ($4.1 billion) made up most of Ukraine's exports with trade … 1 0 obj A country with trade (export or import) that is concentrated in a very few markets will have an index value close to 1. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. <> 1) Product 'Total' is used for this computation. Ukraine monthly trade data Ukraine quarterly trade data, Please note the exports, imports and tariff data are based on reported data and not gap filled. However, the basis of agricultural exports is still exports of raw materials, namely products of plant origin, including wheat, corn, barley and soybeans. In 2017, the EU exported 7.6 billion worth of machinery and transport equipment to Ukraine, accounting for over one third of total exports (37%), followed by other manufactured goods … Overall Ukraine increased its exports by 20% in 2017. Merchandise Trade summary statistics data for Ukraine (UKR) including exports and imports, applied tariffs, top export and import by partner countries and top exported/imported product groups, along with development indicators from WDI such as GDP, GNI per capita, trade balance and trade as percentage of GDP for year 2017 On 27 December 2017, the CMU approved the Export Strategy of Ukraine: Roadmap for Strategic Development of Trade for the Period 2017-2021 (Export Strategy), envisaging an action plan for key vectors of export development in Ukraine. Over 150 well-established UK companies in Ukraine, wit… Crude sunflower-seed and safflower oil and frac, Non-agglomerated iron ores and concentrates, Petroleum oils, etc, (excl. Merchandise trade statistics data for Ukraine (UKR) exports, Exports in US$000 to By Region (BY-REGION) for years 2013 to 2017 1) All traded products at HS 6 digits are considered for this computation. The top exports of Ukraine are Seed Oils, Wheat, Corn, semi-finished Iron and Iron Ore. Iron Ore is the fastest growing top exported category experienced an increase in demand in 2017 increasing with up 40% from 2016. <>/XObject<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> Similarly, a country with a perfectly diversified trade portfolio will have an index close to zero. In 2018, the total value, $18.6 billion, beat the historic 2012 record of $17.9 billion. Number of countries from which a particular country imports data in any given year. This statistic displays total dynamics of composition of exports in Ukraine from 2005 to 2017. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). ,G�[��5? For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. We have many converging interests, in areas such as disarmament and peacekeeping. As specified in the Export Strategy, the most promising sectors for Ukraine's exports are: Economic Policy & Debt: Balance of payments: Current account: Goods, services & income. In 2017, Ukraine exported $3.56B worth of services. 1) Mirror Exports is considered for export data 2) All products at HS 6 digits are considered 3) Computation is performed at Country-Product level and aggregated to country level, Annual percentage growth rate of the world’s trade value (export or import), by sector, at market prices in current U.S. dollars, 1) Mirror Exports is considered 2)Growth for a given year is computed with respect to the previous year, Annual percentage growth rate of the country’s trade value (export or import), by sector, at market prices in current U.S. dollars, Harmonized System 1988/92, HS 1996, HS 2002, HS 2007, HS 2012, Effectively Applied MaxRate (%) tariff; The highest tariff value at the tariff line level within the product category, Specific duty expressions are estimated using UNCTAD Method (If available), Effectively Applied Simple Average tariff (%), Effectively Applied Weighted Average (%) tariff; The average of tariffs weighted by their corresponding trade value, Effectively Applied Duty Free Imports in thousands of US Dollar, Effectively Applied Duty Free Tariff Lines Share in percentage, 1) Tariff_AHS_DutyFreeLines]*100/[Tariff_AHS_TotalLines] 2) Specific duty expressions are estimated using UNCTAD Method (If available). Ukraine joined New Zealand on the Security Council in 2016 as a fellow non-permanent member. Lower steel exports and higher coal imports due to the trade blockade are expected to further widen the current account deficit to 4.1 percent of GDP in 2017. It is calculated as the number of countries to which the reporter exports a particular product divided by the number of countries that report importing the product that year. Machinery and transport equipment contribute most to EU trade in goods with Ukraine. The UK is the sixth largest investor in Ukraine. Many of these involve co-operation with Ukrainian companies and authorities, and require Western financial investment. �Ӛ 6l����4��k|] ���C ͖WA"�e����o��>Ί��l���_Ǎ�Q�_&�1¬��`1�;�����p�w�����U�ј��+o毆#9(�w�x�h,�̹�������Nz��o�t�F�&D���,�tZT$w?���`��[љ�/��t>��� �`��\�h��b~{�{��(#�7a��G����S�Vɠ��HA�,�b��V��@#\$��� ����Zf`Um���j��@���`�p�bΥߑ:���@�3��P�#fK�-�.ˇ������$ΨH8���B& In 2017, Russian exports to Ukraine rose by 40% to a grand total of $7.2 billion, according to official statistics.The National Bank of Ukraine already noted that trade with Russia is greater than that with the EU.. Ukraine’s economic freedom score is 54.9, making its economy the 134th freest in the 2020 Index. Economic Policy & Debt: National accounts: Shares of GDP & other. <> As defined by Investopedia, a country whose total value of all imported goods is higher than its value of all exports is said to have a negative trade balance or deficit. %PDF-1.5 Merchandise Trade summary statistics for Ukraine (UKR) including exports and imports, applied tariffs, top export and import by partner countries and top exported/imported product groups, along with development indicators from WDI such as GDP, GNI per capita, trade balance and trade as percentage of GDP for year 2017 According to WTO data, in 2018 Ukraine exported US $ 47.348 million worth of goods and imported US $ 57.046 million worth, recording a trade deficit of around US $ 9.7 billion. [\ ?�d=\0�d\s#,�������Ñ̇�=o�h�/� /ju�(|C�S$X~��`�aX8���I�@/�9-����X'��L@�!`d���M�/���sćeǩ��_���8��{��N=?�,Xi*���������>�����.�[h��3A�`~ALd�U1��0:po�O�N�('3pj�IJj&R�G�=!�V��p�����e��*�t6�E�O����M(I@$�L��Uʃ� ᪃H=OB>iV�BR�C Y����rN��&�\�B�I��4ιGP^yrQ^�/I!�V�C��py�X�br��� 8������8��[�w�O���y�HT��k��φ/��Or�Z�w�6�=��{:`'��@ N8B�k�@��E6�u-B8,Y$@�j�f�� ���6��7���=-)��|K����ޯ�M渓5��4>h\�0��4�����Rs���^���~�S�!����i�Fe���9����3�U�Q�-^j���y��=�IO$�$n� In 2017, Ukraine exported $46.1B and imported $51.7B, resulting in a negative trade balance of $5.57B. The second largest commodity sectors are Transportation (23.7%). %���� To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. <>>> Domestic demand continued to fuel economic growth of 2.5 percent in 2017 and 3.3 percent in 2018. Total number of products imported by a country at the Harmonized System (HS) six digit level in any given year. European Commission Directorate-General for Trade 08-05-2020 3 Units A4 / G2 European Union, Trade with Ukraine Total goods: EU Trade flows and balance, annual data 2009 - 2019 Source Eurostat Comext - Statistical regime 4 Total goods: EU Trade flows and balance Source Eurostat Comext - Statistical regime 4 Period Imports Exports Balance Total trade The trade surplus remained throughout the whole period, reaching EUR 5 billion in 2019. Other medicaments of mixed or unmixed products, Automobiles with diesel engine displacing more. Number of countries to whom a particular country exports data in any given year. Total trade between the EU and Ukraine increased by 27.1 % from January to August 2017 vs January to August 2016. In 2017, compared to 2016, agricultural products exports grew by 16 percent amounting to $17.8 billion. Ukraine will require significant external financing to meet repayments on external debt of banks and corporates amounting about $7 billion per year during 2017 … In YTD 2017, exports have decreased 12 percent to 4.1 million metric tons from 4.7 million metric tons in YTD 2016. In 2017, the total composition of export amounted to around 40 billion US dollars. Ukraine is going through a difficult political transition following Russia’s illegal annexation of the Crimean peninsula and the ongoing ‘Anti-Terrorist Operation’ in eastern Ukraine. And second highest is Oil Seeds which is also increased 34.2% from 2016. The top services exported by Ukraine in 2017 were Air transport ($1.09B), Miscellaneous business, professional, and technical services ($797M), Sea transport ($612M), Information services ($258M), and Travel ($243M). GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Figure 4 shows the exports, imports and trade balance between the EU and the Ukraine from 2009 to 2019. Exports of services reached USD 15,472 million, while imports amounted to USD 13,676 million. Ukraine’s global trade continued to grow in 2018, but imports significantly outpaced exports, resulting in Ukraine’s trade deficit nearly tripling to $3.8 billion. In 2018, Ukraine exported 15.1 million metric tons of steel, a 1 percent decrease from 15.2 million metric tons in 2017. That year, Ukraine's main export partner was Russia with a 9.2 percent share in Ukraine's total exports. Please check the, i.e. In YTD 2017, exports have decreased 18 percent to 7.7 million metric tons from 9.4 million metric tons in YTD 2016. By contrast, the value of Ukraine’s YTD 2017 exports increased by 19 percent compared to YTD 2016 — from $3 billion to $3.5 billion. Both exports to and imports from the Ukraine increased between 2009 and 2019. ֤���� 4 0 obj ��/O��̤. However, the alignment also needs to be in terms of, well, terms. Overall Ukraine incurred a -$9.5 billion trade deficit for 2018, expanding by 57.5% from -$6 billion in red ink one year earlier. In 2017, of the $1.8 billion in U.S. exports to Ukraine, the top commodity sectors by value were Minerals valued at $669.8 million, 36.7% of the total U.S. exports to Ukraine and 0.5% of total U.S. exports to the world. After a significant decrease in 2009 following the peak of €25.2 bn registered in 2008, the value of EU exports of goods to Ukraine recovered until 2013. 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