2022
Exports
$21.5MWorld Rnk 53 / 177
Flag Rnk 193 / 1158
2022
PRODUCT COMPLEXITY IN Iron Blocks
-0.42Rnk 679 / 1025
2022
Imports
$45.1MWorld Rnk 75 / 219
Flag Rnk 204 / 1188
2022
ECONOMIC COMPLEXITY of Ukraine
0.5Rnk 44 / 133

About

Exports In 2022, Ukraine exported $21.5M in Iron Blocks, making it the 53rd largest exporter of Iron Blocks in the world. At the same year, Iron Blocks was the 193rd most exported product in Ukraine. The main destination of Iron Blocks exports from Ukraine are: Russia ($6.47M), Moldova ($5.29M), Germany ($1.25M), Nigeria ($1.04M), and Belarus ($932k).

The fastest growing export markets for Iron Blocks of Ukraine between 2021 and 2022 were Burkina Faso ($358k), Estonia ($86k), and United Kingdom ($58.5k).

Imports In 2022, Ukraine imported $45.1M in Iron Blocks, becoming the 75th largest importer of Iron Blocks in the world. At the same year, Iron Blocks was the 204th most imported product in Ukraine. Ukraine imports Iron Blocks primarily from: Turkey ($28.2M), Poland ($7.21M), Russia ($3.36M), Czechia ($1.49M), and Bulgaria ($1.34M).

The fastest growing import markets in Iron Blocks for Ukraine between 2021 and 2022 were Turkey ($2.82M), Czechia ($338k), and Luxembourg ($277k).

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Blocks. 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)$21.5M
IMPORTS (2022)$45.1M
NET TRADE (2022)-$23.6M

In 2022, Ukraine exported $21.5M in Iron Blocks. The main destinations of Ukraine exports on Iron Blocks were Russia ($6.47M), Moldova ($5.29M), Germany ($1.25M), Nigeria ($1.04M), and Belarus ($932k).

In 2022, Ukraine imported $45.1M in Iron Blocks, mainly from Turkey ($28.2M), Poland ($7.21M), Russia ($3.36M), Czechia ($1.49M), and Bulgaria ($1.34M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Blocks EXPORT MARKETS FOR Ukraine WERE (2021 - 2022):
Burkina Faso$358k (125k%)
Estonia$86k (14.6%)
United Kingdom$58.5k (89.9k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Blocks BY Ukraine WERE (2021 - 2022):
Russia-$97.4M (-93.8%)
Belarus-$22.2M (-96%)
Poland-$20.1M (-96.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ukraine's main exporting competitors in Iron Blocks were:
China $2.83B
Spain $2.24B
Germany $2.07B
In 2022, Ukraine's main importing competitors in Iron Blocks were:

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Trade Value of Iron Blocks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.35M
TOP IMPORT POTENTIALPoland+ $3.71M

Iron Blocks’s highest export potential is Germany. With an export gap of $1.35M.   Iron Blocks’s highest import potential is Poland with an import gap of $3.71M.

See methodology.

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