The most valuable Ukrainian exports also include iron and steel, both the metals and products made from iron and steel.
The following list shows on which product categories Ukrainian exporters generated the most revenue. Unlike most information currently available on the web, the items below are detailed at the 4-digit tariff code level. This can help entrepreneurs identify more precisely which products for which Ukraine enjoys strong demand and competitive advantages compared with other nations. Innovation can transform these insights into lucrative business opportunities.
For the most recent year’s details, please see the paragraph at the bottom of the “Top 10” tab section in Ukraine’s Top 10 Exports article. For a link to that article, see the See also paragraph above Research Sources below.
Highest Value Ukrainian Export Products
Below are the 20 highest value export products delivered to Ukraine’s international customers in 2015. Shown within brackets is the change in value for each exported product since 2011.
- Sun/safflower/cotton-seed oil: US$3 billion (down -3.9% since 2011)
- Corn: $3 billion (up 51.4%)
- Iron or non-alloy steel products (semi-finished): $2.5 billion (down -61.5%)
- Wheat: $2.2 billion (up 109.1%)
- Iron ores, concentrates: $2.1 billion (down -44.7%)
- Hot-rolled iron or non-alloy steel products: $1.5 billion (down -63.5%)
- Insulated wire/cable: $1 billion (down -3.8%)
- Iron ferroalloys: $863.7 million (down -14.9%)
- Iron or non-alloy steel bars, rods: $831.5 million (down -46%)
- Soya beans: $805.5 million (up 71.8%)
- Miscellaneous oil cakes: $787.5 million (up 47.6%)
- Barley: $768.5 million (up 43%)
- Turbo-jets: $668.5 million (down -14.7%)
- Rape/colza seeds: $570 million (down -9.6%)
- Nitrogenous fertilizers: $521 million (down -69.2%)
- Pig iron: $511.1 million (down -37.5%)
- Aluminum oxide/hydroxide: $427.6 million (down -23.8%)
- Iron or steel tubes, pipes: $424.3 million (down -58%)
- Coiled iron or non-alloy steel bars, rods: $413 million (down -64.9%)
- Cold-rolled iron or non-alloy steel products: $365.3 million (down -41.5%)
Among these product categories, Ukraine’s exported food products appreciated the most from 2011 to 2015: wheat (up 109.1%), soya beans (up 71.8%), corn (up 51.4%), miscellaneous oil cakes (up 47.6%) and barley (up 43%).
Ukrainian exports of nitrogenous fertilizers declined at the fastest pace, down -69.2%.
See also Ukraine’s Top 10 Exports, Ukraine’s Top Import Partners and Capital Facts for Kiev, Ukraine
Research Sources:
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on December 5, 2016
The World Factbook, Field Listing: Exports and World Population, Central Intelligence Agency. Accessed on December 5, 2016
Trade Map, International Trade Centre, www.intracen.org/marketanalysis. Accessed on December 5, 2016