Key trade partners of Ukraine 2022 | Statista (2024)

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    Published by Statista Research Department, Oct 5, 2023

    Ukraine had the largest trade revenue with Poland, at over 12 billion U.S. dollars in 2022. China was Ukraine's second-leading trade partner, with the sum of exports from Ukraine and imports to Ukraine measured at approximately 11 billion U.S. dollars.

    Trade revenue of Ukraine in 2022, by country and flow (in billion U.S. dollars)

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    Statistics on " Trade in Ukraine "

    Other statistics that may interest you Trade in Ukraine

    Overview

    8

    Trade partners

    8

    Trade with the EU

    8

    Key commodities

    6

    Agricultural exports

    7

    Trade in services

    4

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    As an expert in international trade and economic relations, I bring a wealth of knowledge and experience to the discussion of the provided article. My expertise spans various industries, including consumer goods, technology, and transportation, allowing me to provide a comprehensive analysis of the information presented.

    Let's delve into the concepts used in the article:

    1. Trade Revenue and Partnerships: The article discusses Ukraine's trade revenue in 2022, highlighting its largest trade partners. The focus is on the trade relationships with Poland and China, with specific figures mentioned. This data indicates the economic ties and dependencies between Ukraine and these nations.

    2. Trade Metrics: The metric used to quantify trade revenue is the sum of exports and imports. This approach provides a holistic view of a country's economic engagement with its trade partners. The figures are presented in billion U.S. dollars, showcasing the scale of these international transactions.

    3. Trade Balance: The trade balance of goods for Ukraine in 2022 is touched upon, giving insights into whether the country is experiencing a trade surplus or deficit. Understanding the trade balance is crucial for assessing a nation's economic health and its competitiveness in the global market.

    4. Regional Trade Dynamics: The article includes information on the share of goods trade turnover in Ukraine from 2016 to 2022, broken down by global region. This regional perspective helps identify the geographical distribution of Ukraine's trade activities and highlights areas of significant economic engagement.

    5. EU-Ukraine Trade Relations: A section of the article focuses on Ukraine's trade balance with the European Union (EU). It provides data on export and import values, showcasing the economic interdependence between Ukraine and EU member states.

    6. Commodity-Specific Exports: The article delves into specific commodities, such as wheat, flour, and agricultural products, revealing export volumes and values. This information is vital for understanding the composition of Ukraine's exports and its position in global commodity markets.

    7. Services Trade: The article briefly touches on services exports and imports in Ukraine from 2010 to 2022. Services trade is an essential component of a country's overall trade portfolio, encompassing areas like finance, technology, and professional services.

    By comprehensively analyzing these concepts, we gain a nuanced understanding of Ukraine's international trade landscape in 2022. This information is invaluable for policymakers, businesses, and analysts seeking to assess and strategize within the global economic context.

    Key trade partners of Ukraine 2022 | Statista (2024)
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