Ukraine

159M €
Exports
2020
2004 January2021 February
94.7M €
Imports
2020
2004 January2021 February

Infograafikud

Ukraine is the 19th largest export partner of Estonia. In 2020, Estonia's exports to Ukraine amounted to €159M and imports from Ukraine to €94.7M, resulting in positive trade balance of €64.3M.

Exports

2020

In 2020, Estonia's exports to Ukraine amounted to €159M, making it the 19th largest export partner in the world. Compared to the previous year, exports from Estonia to Ukraine experienced growth at an annualized rate of 14.4%, from €139M in 2019 to €159M in 2020. Most recently, exports were led by parts of lifting, loading and construction machine..., which represent 27.5% of the total exports to Ukraine, followed by frozen fish (excl. fish fillets and other fish mea..., which account for 7.72%.

Imports

2020

In 2020, Estonia's imports from Ukraine ammounted to €94.7M, making it the 22nd largest import partner in the world. Compared to the previous year, imports from Ukraine to Estonia experienced decline at an annualized rate of 8.52%, from €103M in 2019 to €94.7M in 2020. Most recently, imports were led by non-coated iron and steel flat-rolled products, which represent 18.5% of the total imports from Ukraine, followed by oils and other products of coal tar, which account for 18.5%.

Trade Balance

As of 2021 February, Estonia had negative trade balance of €2.39M with Ukraine. In 2020 February, it had positive trade balance of €6.84M.