2022
Exports
$116MWorld Rnk 23 / 156
Flag Rnk 50 / 1158
2022
PRODUCT COMPLEXITY IN Iron Wire
-0.35Rnk 661 / 1025
2022
Imports
$10.1MWorld Rnk 109 / 216
Flag Rnk 498 / 1188
2022
ECONOMIC COMPLEXITY of Ukraine
0.5Rnk 44 / 133

About

Exports In 2022, Ukraine exported $116M in Iron Wire, making it the 23rd largest exporter of Iron Wire in the world. At the same year, Iron Wire was the 50th most exported product in Ukraine. The main destination of Iron Wire exports from Ukraine are: Poland ($41.9M), Germany ($21.9M), Czechia ($11.5M), Moldova ($7.63M), and Romania ($5.25M).

The fastest growing export markets for Iron Wire of Ukraine between 2021 and 2022 were Poland ($12.2M), Germany ($11.1M), and Czechia ($6.66M).

Imports In 2022, Ukraine imported $10.1M in Iron Wire, becoming the 109th largest importer of Iron Wire in the world. At the same year, Iron Wire was the 498th most imported product in Ukraine. Ukraine imports Iron Wire primarily from: Italy ($1.89M), Spain ($1.83M), Slovakia ($1.45M), Germany ($946k), and Poland ($907k).

The fastest growing import markets in Iron Wire for Ukraine between 2021 and 2022 were Italy ($1.05M), Austria ($644k), and Lithuania ($52.8k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Iron Wire. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$116M
IMPORTS (2022)$10.1M
NET TRADE (2022)$106M

In 2022, Ukraine exported $116M in Iron Wire. The main destinations of Ukraine exports on Iron Wire were Poland ($41.9M), Germany ($21.9M), Czechia ($11.5M), Moldova ($7.63M), and Romania ($5.25M).

In 2022, Ukraine imported $10.1M in Iron Wire, mainly from Italy ($1.89M), Spain ($1.83M), Slovakia ($1.45M), Germany ($946k), and Poland ($907k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Wire EXPORT MARKETS FOR Ukraine WERE (2021 - 2022):
Poland$12.2M (41.1%)
Germany$11.1M (102%)
Czechia$6.66M (138%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Wire BY Ukraine WERE (2021 - 2022):
Belarus-$7.12M (-85.2%)
Greece-$768k (-62.8%)
Italy-$544k (-18.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ukraine's main exporting competitors in Iron Wire were:
In 2022, Ukraine's main importing competitors in Iron Wire were:

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Trade Value of Iron Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $5.09M
TOP IMPORT POTENTIALChina+ $1.12M

Iron Wire’s highest export potential is Germany. With an export gap of $5.09M.   Iron Wire’s highest import potential is China with an import gap of $1.12M.

See methodology.

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