Ukraine recorded a trade deficit of 931.80 USD Million in November of 2021. source: State Statistics Service of Ukraine

Balance of Trade in Ukraine averaged -626.96 USD Million from 2001 until 2021, reaching an all time high of 688 USD Million in April of 2004 and a record low of -24479.80 USD Million in September of 2016. This page provides the latest reported value for - Ukraine Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ukraine Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.

Balance of Trade in Ukraine is expected to be -900.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ukraine Balance of Trade is projected to trend around -1400.00 USD Million in 2023, according to our econometric models.

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Ukraine Balance of Trade

Calendar GMT Actual Previous Consensus TEForecast
2021-12-15 02:30 PM Oct $-313M $-357.3M $-300M
2022-01-14 03:00 PM Nov $-931.8M $-416.3M $-305M
2022-02-15 01:35 PM Dec $-931.8M $ -450M

Related Last Previous Unit Reference
Balance of Trade -931.80 -416.30 USD Million Nov/21
Exports 6795.30 6264.40 USD Million Nov/21
Imports 7727.10 6680.90 USD Million Nov/21
Terms Of Trade 109.30 119.90 points Oct/21
Ukraine Balance of Trade
Ukraine exports mainly steel, coal, fuel and petroleum products, chemicals, machinery and transport equipment and grains like barley, corm and wheat. More than 60% of the exports goes to other former Soviet Republics countries with Russia, Kazakhstan and Belarus being the most important. Others include Turkey and China. Ukraine imports mostly oil and natural gas, machinery and equipment, chemicals. Its main import partners are former Soviet Republics countries (Russia and Belarus are the biggest). Germany, China, and Poland have been also gaining importance in recent years.