BULLETIN of Ukraine – EU trade relations, 2023^[1]

The European Union is Ukraine's main trading partner. According to the results of 2022, the share of trade in goods with the EU amounted to 55.2% of the total trade of Ukraine. In 2023 it amounted 56.6%.

GOODS [^2]

Total Trade             2022: $ 54.9 billion (↓1.5%).

Turnover                  2023: $ 57.4 billion (↑4.6%).

Exports         2022: $ 27.9 billion (↑4.1%):

Cereals – 16.8% (↑141.7%);

Fats and oils – 11.0% (↑29.4%);

Oil seeds and fruits – 10.4% (↑96.5%);

Ferrous metals – 10.0% (↓48.7%);

Ores and slags – 8.5% (↓21.0%);

Electric machines – 8.3% (↓10.0%);

Wood and articles of wood – 5.8% (↑13.2%);

Energy materials – 3.3% (↑59.5%).

          2023: $ 24.7 billion (↓11.4%):

Cereals – 18.5% (↓2.1%);

Fats and oils – 12.1% (↓2.5%);

Ferrous metals – 8.8% (↓22.3%);

Electric machines – 8.3% (↓11.3%);

Oil seeds and fruits – 7.9% (↓33.2%);

Ores and slags – 6.7% (↓30.1%);

Wood and articles of wood – 5.2% (↓20.1%);

Residues and waste from the food industries – 3.2% (↑55.8%).

Imports         2022: $ 27.0 billion (↓6.7%):

Energy materials – 24.0% (↑103.7%);

Ground transport facilities excluding railway – 10.8% (↓10.5%);

Nuclear reactors, boilers, machines – 7.1% (↓50.1%);

Electric machines – 5.6% (↓25.4%);

Plastics and polymeric materials – 5.0% (↓24.2%);

Pharmaceutical products – 4.8% (↓35.9%);

Other chemical products – 2.4% (↓20.2%).       

2023: $ 32.6 billion (↑21.1%):

Energy materials – 20.3% (↑2.4%);

Ground transport facilities excluding railway – 11.2% (↑25.3%);

Nuclear reactors, boilers, machines – 8.3% (↑40.3%);

Electric machines – 5.0% (↑8.8%);

Plastics and polymeric materials – 4.8% (↑15.5%);

Pharmaceutical products – 4.7% (↑17.7%);

Fertilisers – 2.1% (↑62.4%);

Other chemical products - 2.0% (↑0.4%).

Balance         2022: $ 0.9 billion.

           2023: - $ 7.9 billion.