Net trade in goods in Ukraine
Ukraine: Net trade in goods was -32.99 billion BoP, current US$ in 2024. ◆ Volatile
Net trade in goods in Ukraine, 1994–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net trade in goods in Ukraine stood at -32.99 billion BoP, current US$. That is the lowest value across all 31 years on record.
Compared with earlier readings it is down 8.6% on the previous year and down 362.9% over ten years.
Over the whole period, net trade in goods in Ukraine peaked at 2.74 billion BoP, current US$ in 2004 and was at its lowest, -32.99 billion BoP, current US$, in 2024.
Ukraine ranks 187th of 198 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -2.77 billion BoP, current US$ | -4.20 billion BoP, current US$ | -321.00 million BoP, current US$ | 6 |
| 2000s | -4.09 billion BoP, current US$ | -17.45 billion BoP, current US$ | 2.74 billion BoP, current US$ | 10 |
| 2010s | -12.58 billion BoP, current US$ | -22.13 billion BoP, current US$ | -3.46 billion BoP, current US$ | 10 |
| 2020s | -18.94 billion BoP, current US$ | -32.99 billion BoP, current US$ | -7.80 billion BoP, current US$ | 5 |
Countries ranked near Ukraine
- 184 Israel -26.10 billion BoP, current US$ compare
- 185 Portugal -27.64 billion BoP, current US$ compare
- 186 Pakistan -31.09 billion BoP, current US$ compare
- 188 Morocco -33.46 billion BoP, current US$ compare
- 189 Romania -36.70 billion BoP, current US$ compare
- 190 Greece -38.58 billion BoP, current US$ compare
More economy & growth data for Ukraine
- External balance on goods and services as a percent of GDP -26.5% (2025)
- Inflation of consumer prices 12.7% (2025)
- GDP per capita 2,197 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 8.3% (2025)
- Gross domestic product (GDP) 80.23 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 2,197 constant 2015 US$ (2025)
- DEC alternative conversion factor 41.69 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.12 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 26.87 billion current US$ (2025)
- Taxes less subsidies on products 1.21 trillion current LCU (2025)
Frequently asked questions
- What is net trade in goods in Ukraine?
- Net trade in goods in Ukraine was -32.99 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 recorded in Ukraine?
- The highest recorded value was 2.74 billion BoP, current US$ in 2004.
- What is the lowest net trade in goods recorded in Ukraine?
- The lowest recorded value was -32.99 billion BoP, current US$ in 2024.
- How does Ukraine rank for net trade in goods?
- Ukraine ranks 187th out of 198 countries with data for 2024.
- Is net trade in goods rising or falling in Ukraine?
- Over the last ten years it is down 362.9%. 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 (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The balance of international trade in goods is the difference between the exports and imports of goods. 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.