Net trade in goods and services in Ukraine
Ukraine: Net trade in goods and services was -38.78 billion BoP, current US$ in 2024. ◆ Volatile
Net trade in goods and services in Ukraine, 1994–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net trade in goods and services in Ukraine stood at -38.78 billion BoP, current US$. That is the lowest value across all 31 years on record.
Compared with earlier readings it is down 3.0% on the previous year and down 741.9% over ten years.
Over the whole period, net trade in goods and services in Ukraine peaked at 4.98 billion BoP, current US$ in 2004 and was at its lowest, -38.78 billion BoP, current US$, in 2024.
Ukraine ranks 195th of 199 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -766.67 million BoP, current US$ | -1.54 billion BoP, current US$ | 1.82 billion BoP, current US$ | 6 |
| 2000s | -1.67 billion BoP, current US$ | -14.37 billion BoP, current US$ | 4.98 billion BoP, current US$ | 10 |
| 2010s | -9.02 billion BoP, current US$ | -15.63 billion BoP, current US$ | -2.36 billion BoP, current US$ | 10 |
| 2020s | -22.09 billion BoP, current US$ | -38.78 billion BoP, current US$ | -3.40 billion BoP, current US$ | 5 |
Countries ranked near Ukraine
- 192 Bangladesh -28.48 billion BoP, current US$ compare
- 193 Pakistan -34.03 billion BoP, current US$ compare
- 194 Egypt -38.62 billion BoP, current US$ compare
- 196 United Kingdom -50.83 billion BoP, current US$ compare
- 197 Philippines -53.42 billion BoP, current US$ compare
- 198 India -101.35 billion BoP, current US$ compare
More economy & growth data for Ukraine
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.93 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.2 Percent per annum (2029)
- Taxes less subsidies on products (current US$), annual growth rate 14.82 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1357 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 745.71 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 19.22 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 5.66 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 31,088 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0172 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 58.05 (2025)
Frequently asked questions
- What is net trade in goods and services in Ukraine?
- Net trade in goods and services in Ukraine was -38.78 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Ukraine?
- The highest recorded value was 4.98 billion BoP, current US$ in 2004.
- What is the lowest net trade in goods and services recorded in Ukraine?
- The lowest recorded value was -38.78 billion BoP, current US$ in 2024.
- How does Ukraine rank for net trade in goods and services?
- Ukraine ranks 195th out of 199 countries with data for 2024.
- Is net trade in goods and services rising or falling in Ukraine?
- Over the last ten years it is down 741.9%. The long-run trend across the full record is volatile.
- Where does this Ukraine data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.