Merchandise trade as a proportion of GDP in Ukraine

Ukraine: Merchandise trade as a proportion of GDP was 58.1% in 2024. ▼ Falling

Latest (2024)
58.1%
Change on year
up 5.8%
World rank
98th
of 218 countries
All-time high
91.7%
in 2004
All-time low
54.9%
in 2023
Years of data
25
2000–2024

Merchandise trade as a proportion of GDP in Ukraine, 2000–2024

0204060801002000201220242000: 88.1 %2001: 81.5 %2002: 79.5 %2003: 88.6 %2004: 91.7 %2005: 78.8 %2006: 74.5 %2007: 73.9 %2008: 81.1 %2009: 70.2 %2010: 79.6 %2011: 89.2 %2012: 83.9 %2013: 74.1 %2014: 81.1 %2015: 83.1 %2016: 81 %2017: 82.9 %2018: 79.9 %2019: 72 %2020: 66.1 %2021: 70.5 %2022: 61.4 %2023: 54.9 %2024: 58.1 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

Ukraine recorded 58.1% for merchandise trade as a proportion of gdp in 2024.

Compared with earlier readings it is up 5.8% on the previous year and down 28.3% over ten years.

Over the whole period, merchandise trade as a proportion of gdp in Ukraine peaked at 91.7% in 2004 and was at its lowest, 54.9%, in 2023.

Ukraine ranks 98th of 218 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 25 years of available data.

Merchandise trade as a proportion of GDP in Ukraine, year by year

Annual values for Merchandise trade as a proportion of GDP (%) in Ukraine, 2000 to 2024.
Year % Change
2000 88.1%
2001 81.5% -7.5%
2002 79.5% -2.5%
2003 88.6% +11.5%
2004 91.7% +3.5%
2005 78.8% -14.0%
2006 74.5% -5.5%
2007 73.9% -0.9%
2008 81.1% +9.7%
2009 70.2% -13.5%
2010 79.6% +13.5%
2011 89.2% +12.1%
2012 83.9% -6.0%
2013 74.1% -11.7%
2014 81.1% +9.5%
2015 83.1% +2.4%
2016 81.0% -2.5%
2017 82.9% +2.3%
2018 79.9% -3.6%
2019 72.0% -9.8%
2020 66.1% -8.2%
2021 70.5% +6.7%
2022 61.4% -13.0%
2023 54.9% -10.5%
2024 58.1% +5.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 80.8% 70.2% 91.7% 10
2010s 80.7% 72.0% 89.2% 10
2020s 62.2% 54.9% 70.5% 5

Countries ranked near Ukraine

  1. 95 Qatar 59.4% compare
  2. 96 Greenland 59.2% compare
  3. 97 South Africa 58.2% compare
  4. 99 Maldives 56.9% compare
  5. 100 Greece 56.9% compare
  6. 101 Marshall Islands 56.9% compare

See the full ranking of 255 places →

More economy & growth data for Ukraine

All data for Ukraine →

Frequently asked questions

What is merchandise trade as a proportion of gdp in Ukraine?
Merchandise trade as a proportion of gdp in Ukraine was 58.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest merchandise trade as a proportion of gdp recorded in Ukraine?
The highest recorded value was 91.7% in 2004.
What is the lowest merchandise trade as a proportion of gdp recorded in Ukraine?
The lowest recorded value was 54.9% in 2023.
How does Ukraine rank for merchandise trade as a proportion of gdp?
Ukraine ranks 98th out of 218 countries with data for 2024.
Is merchandise trade as a proportion of gdp rising or falling in Ukraine?
Over the last ten years it is down 28.3%. The long-run trend across the full record is falling.
Where does this Ukraine data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.

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Merchandise trade as a proportion of GDP in Ukraine. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 05 September 2026, from https://economy.statizoid.com/stat/merchandise-trade-as-a-proportion-of-gdp-percent/ukraine/

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About this data

Indicator
Merchandise trade as a proportion of GDP (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
255 places, 6,196 data points, 2000–2024
Last refreshed