Ukraine (UKR) and Australia (AUS) Trade | The Observatory of Economic Complexity

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Ukraine-Australia Trade: In 2022, Ukraine exported $39M to Australia. The main products that Ukraine exported to Australia were Electric Heaters ($10.5M), Seed Oils ($5.35M), and Hot-Rolled Iron Bars ($2.5M). Over the past 5 years the exports of Ukraine to Australia have increased at an annualized rate of 12.4%, from $21.7M in 2017 to $39M in 2022.

In 2022, Ukraine did not export any services to Australia.

Australia-Ukraine Trade: In 2022, Australia exported $181M to Ukraine. The main products that Australia exported to Ukraine were Coal Briquettes ($159M), Orthopedic Appliances ($4.08M), and Coated Flat-Rolled Iron ($2.73M). Over the past 5 years the exports of Australia to Ukraine have increased at an annualized rate of 17.1%, from $82.1M in 2017 to $181M in 2022.

In 2022, Australia did not export any services to Ukraine.

Comparison: In 2022, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B). That same year, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Ukraine exported $39M to Australia. The main products exported from Ukraine to Australia were Electric Heaters ($10.5M), Seed Oils ($5.35M), and Hot-Rolled Iron Bars ($2.5M). During the last 5 years the exports of Ukraine to Australia have increased at an annualized rate of 12.4%, from $21.7M in 2017 to $39M in 2022.

In 2017, Australia exported $181M to Ukraine. The main products exported from Australia to Ukraine were Coal Briquettes ($159M), Orthopedic Appliances ($4.08M), and Coated Flat-Rolled Iron ($2.73M). During the last 5 years the exports of Australia to Ukraine have increased at an annualized rate of 17.1%, from $82.1M in 2022 to $181M in 2017.

Exports from Ukraine () to Australia () (2022)

Exports from Australia () to Ukraine () (2022)

Latest Data

Trade between Ukraine () and Australia ()

Ukraine Exports

Date

Australia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ukraine
Top DestinationPoland$6.7B

Australia
Top DestinationChina$123B

This map shows whether countries import more from Ukraine or Australia. Each country is colored based on the difference in imports they receive from Ukraine and Australia or the difference in the growth in imports.

In 2022, countries that imported more from Ukraine than Australia included Poland ($6.7B), Romania ($3.94B), and Hungary ($2.28B).

In 2022, countries that imported more from Australia than Ukraine included China ($123B), Japan ($80.1B), and South Korea ($41B).

Difference in imports from Australia () and Ukraine () (2022)

Comparative Advantage Ukraine - Australia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Ukraine and Australia by product, considering products traded by both, Ukraine and Australia.

During 2022, Ukraine had a large net trade with Australia in the exports of Machines ($17.5M), Animal and Vegetable Bi-Products ($5.35M), and Metals ($4.84M).

During 2017, Australia had a large net trade with Ukraine in the exports of Mineral Products ($159M), Metals ($5.6M), and Instruments ($5.12M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ukraine Australia+$6.09MSeed Oils

Top Product Potential Australia Ukraine+$1.19MCoated Flat-Rolled Iron

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Ukraine and Australia. This means that a dot/product with the flag of Ukraine indicates it has a comparative advantage over Australia. Similarly, a dot/product with the flag of Australia indicates it has a comparative advantage over Ukraine.

About

Historical Data

Bilateral Trade by Products

Exports from Ukraine () to Australia () (2022)

Exports from Australia () to Ukraine () (2022)

Latest Data

Trade between Ukraine () and Australia ()

Ukraine Exports

Australia Exports

Market Competitiveness

Difference in imports from Australia () and Ukraine () (2022)

Comparative Advantage Ukraine - Australia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Ukraine () and Australia () (2022)

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