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Trade Bulletin UA - EU 4 2021

The European Union is Ukraine's main trading partner. According to the results of 2020, the share of trade in goods and services with the EU amounted to 40.7% of total trade in Ukraine (according to the results of January-March 2021 – 40.0%).

GOODS AND SERVICES[1]

Total Trade          2020: $ 48.1 billion (↓9.0%).

Turnover             3-2021: $ 13.0 billion (↑12.1%).

Exports                2020: $ 21.9 billion (↓9.4%).

    3-2021: $ 6.1 billion (↑16,3%).

Imports                2020: $ 26.3 billion (↓8.7%).

    3-2021: $ 6.9 billion (↑8,6%).

Balance                2020: - $ 4.4 billion.

     3-2021: - $ 0.8 billion.

GOODS [2]

Total Trade          2020: $ 42.1 billion (↓8.1%).

Turnover             4-2021: $ 15.9 billion (↑19.6%).

Exports      2020: $ 18.6 billion (↓10.3%):

Ferrous metals – 13.5% (↓20.1%);

Electric machines – 11.9% (↓4.1%);

Fats and oils – 9.9% (↑19.5%);

Cereals – 9.6% (↓32.0%);

Ores and slags – 7.8% (↓18.1%);

Oil seeds and oleaginous fruits – 6.7% (↓18.5%).

Wood and articles of wood – 5.3% (↓1.3%);

Furniture – 3.5% (↑15.1%).

4-2021: $ 7.5 billion (↑24.5%):

Ferrous metals – 16.3% (↑34.4%);

Ores and slags – 13.8% (↑26.9%);

Electric machines – 12.1% (↑47.7%);

Cereals – 8.3% (↓25.5%);

Fats and oils – 8.0% (↓11.3%);

Wood and articles of wood – 5.4% (↑33.1%);

Furniture – 3.9% (↑84.6%);

Nuclear reactors, boilers, machines – 2.7% (↑9.9%).

Imports      2020: $ 23.5 billion (↓6.2%):

Nuclear reactors, boilers, machines – 13.3% (↓6.4%);

Ground transport facilities excluding railway – 11,6% (↓16,7%);

Electric machines and equipment – 8.4% (↓6.3%);

Pharmaceutical products – 7.7% (↑15.2%);

Energy materials – 6.9% (↓40.4%);

Polymeric materials, plastics – 5.7% (↑0.1%);

Other chemical products – 3.4% (↓7.8%);

Paper and cardboard – 2.5% (↓4.1%).       

4-2021: $ 8.4 billion (↑15.5%):

Nuclear reactors, boilers, machines – 12.8% (↑39.3%);

Ground transport facilities excluding railway – 12.0% (↑44.8%);

Energy materials – 8.7% (↓21.0%);

Electric machines – 7.5% (↑8.2%);

Pharmaceutical products – 7.0% (↑4.2%);

Polymeric materials, plastics – 6.1% (↑29.7%);

Other chemical products – 4.7% (↓0.1%);

Fertilizers – 2.4% (↑9.9%).

Balance      2020: - $ 4.8 billion.

      4-2021: - $ 0.9 billion

SERVICES

Total Trade          2020: $ 7.1 billion (↓14.0%).

Turnover             3-2021: $ 1.8 billion (↑21.7%).

Exports      2020: $ 4.3 billion (↓4.8%):

    Telecommunication services – 31.9% (↑29.9%);

Transport services – 25.4% (↓20.5%);

Material resources processing services – 23.1% (↓7.5%);

Business services – 13.2% (↓8.4%);

Repair and maintenance services – 1.8% (↓18.8%).

3-2021: $ 1.0 billion (↑7.8%):

Telecommunication services – 28.8% (↑27.8%);

Material resources processing services – 26.3% (↑0.5%);

Transport services – 23.3% (↓5.7%);

Business services – 13.4% (↑8.4%);

Insurance services – 2.4% (↑180.8%).

Imports      2020: $ 2.8 billion (↓25.0%).

Business services – 22.4% (↓24.7%);

Transport services – 19.6% (↓40.1%);

Royalties and other related services – 15.1% (↓8.0%);

Telecommunication services – 13.9% (↑6.7%);

Financial services – 10.4% (↓5.3%).

3-2021: $ 0.8 billion (↑44.5%):

Financial services – 34.1% (↑411.0%);

Transport services – 19.1% (↑13.4%);

Business services – 15.5% (↓7.9%);

Royalties and other related services – 9.1% (↑45.7%);

Telecommunication services – 8.9% (↑0.7%).

Balance      2020: $ 1.5 billion.

       3-2021: $ 0.2 billion.

 


[1] To avoid double-counting, the total volume of goods and services is calculated by the formula: total (goods and services) = goods + services - the cost of services for processing goods for sale abroad.

[2] On 31 January 2020, the United Kingdom of Great Britain and Northern Ireland withdrew from the European Union. The agreement on the withdrawal of the United Kingdom from the EU provides for the introduction of a transitional period (until December 31, 2020), during which the United Kingdom remains a member of the EU Customs Union and has the right to enjoy preferences under agreements concluded on behalf of the EU. Statistical information on foreign trade in goods with EU countries in 2020 is provided in the format 27 + 1 (Great Britain).

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