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Ukraine Net Trade (Goods & Services, BoP)

Ukraine's net trade (goods & services, bop) fell to $-35.91 billion in 2024, down from $-37.88 billion in 2023, according to World Bank. This represents a decrease of 5.2% ($1.97 billion) from the previous year. Ukraine has the 6th lowest net trade (goods & services, bop). Within Europe, it ranks 43rd out of 44 countries.

Yearly Historical Data (1994-2024)

(in Billion USD)
Year Net Trade (Goods & Services, BoP) (Billion USD)
2024 -35.91
2023 -37.88
2022 -25.74
2021 -2.67
2020 -2.38
2019 -12.51
2018 -11.38
2017 -8.74
2016 -6.45
2015 -2.36
2014 -4.61
2013 -15.63
2012 -14.35
2011 -10.14
2010 -3.98
2009 -1.96
2008 -14.37
2007 -8.13
2006 -3.07
2005 0.67
2004 4.98
2003 1.3
2002 1.86
2001 0.54
2000 1.44
1999 1.82
1998 -1.21
1997 -1.54
1996 -1.12
1995 -1.19
1994 -1.37
Ukraine Net Trade (Goods & Services, BoP) : Definition
Net Trade (Goods & Services, BoP) measures the difference between exports and imports of goods and services in Ukraine, recorded on a Balance of Payments basis and measured in current US dollars. A positive value indicates a trade surplus, while a negative value indicates a trade deficit.
Indicator Last Value Prior Value Period
Annual Exports $41.73B $36.19B 2024
Annual Imports $70.77B $63.56B 2024
Balance of Trade -$3.6B -$4.1B Aug'25
Exports $3.1B $3.3B Aug'25
Exports (% GDP) 29.41% 28.3% 2024
FDI Inflows (% GDP) 1.99% 2.52% 2024
Imports $6.7B $7.4B Aug'25
Imports (% GDP) 48.34% 49.21% 2024
Tariff Rate 2.09% 2.16% 2022
Trade (% GDP) 77.75% 77.51% 2024