Ukraine-China Bilateral Trade Analysis 2023
Complete trade statistics: $10.60B total volume •Ukraine deficit: $5.67B
Ukraine → China
$2.47B
Exports (2023)
China → Ukraine
$8.14B
Imports (2023)
Trade Balance
$5.67B
Deficit for Ukraine
Total Trade
$10.60B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Ukraine and China. Green line shows exports from Ukraine, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Ukraine-China commercial relationship and competitive positioning in global markets.
Ukraine → China Exports
Export Market Intelligence
🎯 Strategic Export Focus
Ukraine's export portfolio to China demonstrates strong diversification across multiple sectors, with cereals: maize (corn), other than seed representing a key competitive advantage in this bilateral market.
China → Ukraine Imports
Import Dependency Profile
📦 Import Strategy Analysis
Ukraine's import pattern from China reveals significant dependencyin automatic data processing machines: portable, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Ukraine demonstrates competitive strength in exportingcereals: maize (corn), other than seed to China, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $10.60B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Ukraine-China Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $10.60 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Ukraine maintains a deficit of $5.67 billion
- Export Focus: Ukraine's primary exports include cereals: maize (corn), other than seed, vegetable oils: sunflower seed or safflower oil and their fractions, crude, not chemically modified, oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of sunflower seed oils
- Import Dependencies: Key imports from China include automatic data processing machines: portable, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display, television cameras, digital cameras and video camera recorders, vehicles: with only electric motor for propulsion
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents a significant global trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $10.60B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Ukraine leveraging its comparative advantages in cereals: maize (corn), other than seed.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Ukraine's specialization in cereals: maize (corn), other than seedcomplements China's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in automatic data processing machines: portable, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $10.60B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $10.60B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $10.60 billion bilateral trade volume represents a significant economic factorfor both economies.
Industrial Integration
Trade flows in cereals: maize (corn), other than seed and automatic data processing machines: portable, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Ukraine's trade deficit of $5.67 billion impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Ukraine and China represents a total trade volume of $10.60 billion in 2023. This partnership demonstrates an unfavorable trade balance for Ukraine, with imports exceeding exportsby $5.67 billion.
Export Strengths
Ukraine's exports to China total $2.47 billion, with competitive advantages in cereals: maize (corn), other than seed, representing $1.08B or43.9% of bilateral exports.
Import Dependencies
Imports from China amount to $8.14 billion, highlighting economic interdependence in automatic data processing machines: portable, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display, with Automatic data processing machines: portable, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display comprising5.4% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Ukraine's strategic sourcing from China. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Ukraine and China in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023