What Does Ukraine Export ? Top 10 Biggest Ukraine Exports in 2024-25
Explore the Top 10 Exports of Ukraine in 2024. Find out more about the top 10 exports coming from Ukraine based on the shipping bills, invoices, the name of the exporter, the HS code, the quantity, the value of the shipment, and other information.
When it comes to international trade, Ukraine has a diverse range of exports to offer. From agricultural products to machinery and equipment, Ukraine has positioned itself as a significant player in the global market. According to the Ukraine export data, Ukraine ranked 47th in the world in terms of exports in 2024, totaling exports worth $40.40 billion. The value of Ukraine's exports increased by 12% in 2024 from 2023. There are the top 10 major products that contribute to Ukraine's export industry as recorded in the Ukraine export data and trade data.
Understanding Ukraine's Export Industry
Ukraine has a well-established export industry that contributes significantly to its economy. The country's strategic location, abundant natural resources, and skilled workforce have paved the way for a thriving export sector. Ukraine exports various products to countries in Europe, Asia, and beyond, making it an important player in the global trade market.
Ukraine's Top 10 Exports in 2024-25
According to the Ukraine export data for 2024, the top 10 Ukraine exports in 2024, as per the data on Ukraine export products and Ukraine export statistics, include:
1. Cereals (HS code 10): $9.42 billion (23.31%)
2. Animal or vegetable fats and oils (HS code 15): $5.75 billion (14.25%)
3. Oil seeds and oleaginous fruits (HS code 12): $3.36 billion (8.31%)
4. Iron and steel (HS code 72): $3.09 billion (7.66%)
5. Ores, slag, and ash (HS code 26): $2.94 billion (7.28%)
6. Electrical machinery and equipment (HS code 85): $1.53 billion (3.81%)
7. Prepared animal fodder (HS code 23): $1.48 billion (3.66%)
8. Wood and articles of wood (HS code 44): $1.43 billion (3.56%)
9. Meat and edible meat offal (HS code 02): $1.05 billion (2.61%)
10. Articles of iron or steel (HS code 73): $944.27 million (2.34%)
Top 10 Export Partners of Ukraine: Ukraine Exports by Country
According to the Ukraine export data on Ukraine exports by country and Ukraine export statistics in 2024, the top export partners of Ukraine are:
1. Poland: $4.39 billion (10.9%)
2. Spain: $2.86 billion (7.1%)
3. Germany: $2.53 billion (6.3%)
4. China: $2.39 billion (5.9%)
5. Türkiye: $2.20 billion (5.5%)
6. Netherlands: $1.97 billion (4.9%)
7. Italy: $1.91 billion (4.7%)
8. Romania: $1.69 billion (4.2%)
9. Egypt: $1.63 billion (4%)
10. Bulgaria: $1.13 billion (2.8%)
In 2024, Ukraine sold goods worth $492.8 million to the Russian Federation, a decrease of 81.8% from 2023. Inorganic chemicals, iron and steel, machinery, computers, and objects made of plastic, as well as plastics in the form of materials, are the most important exports from Ukraine to Russia.
Let's now take a closer look at Ukraine's top 10 exports:
1. Cereals (HS code 10): $9.42 billion (23.31%)
The export of cereals, including wheat, barley, and corn, accounted for a significant portion of Ukraine's total export revenue in 2024. With its fertile soil and favorable climate, Ukraine is known for its high-quality grains that are in demand worldwide.
2. Animal or vegetable fats and oils (HS code 15): $5.75 billion (14.25%)
Ukraine is also a major exporter of animal and vegetable fats and oils, such as sunflower oil. These products are used in various industries, including food processing, cosmetics, and biodiesel production.
3. Oil seeds and oleaginous fruits (HS code 12): $3.36 billion (8.31%)
The export of oil seeds and oleaginous fruits, such as sunflower seeds and soybeans, contributed significantly to Ukraine's export revenue in 2024. These products are essential raw materials for the production of oils and fats.
4. Iron and steel (HS code 72): $3.09 billion (7.66%)
Ukraine's iron and steel industry is a key driver of its economy, with exports of iron and steel products making up a substantial portion of its total export revenue. These products are used in construction, manufacturing, and infrastructure projects.
5. Ores, slag, and ash (HS code 26): $2.94 billion (7.28%)
Ukraine is also a significant exporter of ores, slag, and ash, which are essential materials for the production of metals and other industrial goods. The country's rich mineral resources make it a major player in the global ore market.
6. Electrical machinery and equipment (HS code 85): $1.53 billion (3.81%)
The export of electrical machinery and equipment is another important sector for Ukraine, with products such as transformers, generators, and cables being in high demand globally. These goods are used in various industries, including energy, telecommunications, and manufacturing.
7. Prepared animal food (HS code 23): $1.48 billion (3.66%)
Ukraine's export of prepared animal food, including pet food and animal feed, is a growing sector that contributes significantly to its export revenue. These products are essential for the agriculture and pet care industries.
8. Wood and articles of wood (HS code 44): $1.43 billion (3.56%)
The export of wood and articles of wood is another important sector for Ukraine, with products such as timber, furniture, and paper making up a significant portion of its total export revenue. Ukraine's vast forests make it a key player in the global timber market.
9. Meat and edible meat offal (HS code 02): $1.05 billion (2.61%)
Ukraine's export of meat and edible meat offal, including pork, beef, and poultry, is a vital sector for the country's agricultural industry. These products are in high demand worldwide for their quality and affordability.
10. Articles of iron or steel (HS code 73): $944.27 million (2.34%)
Lastly, Ukraine's export of articles of iron or steel, such as pipes, tubes, and wire products, is a key component of its industrial sector. These products are essential for construction, manufacturing, and infrastructure projects worldwide.
Ukraine Export and Trade Data
To gain a deeper understanding of Ukraine's export industry, analyzing export and trade data is crucial. Ukraine export data provides detailed information about the country's export volume, value, top Ukraine exporters, and destination countries for specific products. Similarly, Ukraine's trade data helps identify trading partners, import trends, and overall trade dynamics.
Tracking and utilizing Ukraine's export and trade data can assist businesses, policymakers, and investors in making informed decisions. By staying abreast of market trends and demand patterns, stakeholders can leverage Ukraine's export industry for mutual growth and prosperity.
Key specifications in the Ukraine export data database.
Major data specifications include:
- Date
- Name of Ukrainian Exporter
- Name of Foreign Buyer
- destination nation
- Product Description
- HS Code
- Quantity Value
- Unit Port
Conclusion
In conclusion, Ukraine's top 10 exports encompass a diverse range of products, including iron and steel, cereals, sunflower oil, machinery and equipment, and ores and slag. The country's capacity to produce and export these goods has solidified its position in the global market. These exports, coupled with comprehensive export and trade data, showcase Ukraine's significant presence in the global trade market. Whether it's natural resources, agricultural products, or manufactured goods, Ukraine continues to play a crucial role in international trade.
Read More:-
Russia Export and Import Statistics
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