Detailed Analysis of the Top Imported Products of Ukraine in 2023
The upward trend in the import trade market of Ukraine has gained a positive outgrowth from early 2020 with an import trade value of 64.3 billion U.S. dollars. Ranging from machinery and equipment to mineral fuels and other automotive goods the country has been importing a wide range of products to fulfill its domestic requirements.
The key factors driving the nation's import trade market are the competitive pricing strategies adopted by the trade management authorities and the different trade agreements signed with the top traders across the globe. The modernization of the industrial sectors and the increasing consumer rate has led to a total annual import trade value of 88 billion U.S. dollars in 2023.
What Are the Top 10 Imported Products of Ukraine in 2023?
The growing consumer rate of the people residing in the nation and the evolution of the transportation ports are leading to diverse range of imports from the top foreign investors worldwide. According to the Ukraine Import Data the top 10 imported products of the nation in 2023 are,
1. Petroleum Products – Import trade value of petroleum products in 2023 – 38 billion US dollars.
2. Machinery and Equipment – Import trade value of Machinery and Equipment in 2023 – 24 billion US dollars.
3. Electrical Machinery – Import trade value of Electrical Machinery in 2023 – 18 billion US dollars.
4. Vehicles – Import trade value of Vehicles in 2023 – 15 billion US dollars.
5. Pharmaceuticals – Import trade value of Pharmaceuticals in 2023 – 12 billion US dollars.
6. Vegetables – Import trade value of Vegetables in 2023 – 10 billion US dollars.
7. Fruits – Import trade value of Fruits in 2023 – 8 billion US dollars.
8. Organic Chemicals – Import trade value of Organic Chemicals in 2023 – 6 billion US dollars.
9. Iron and Steel – Import trade value of Iron and Steel in 2023 – 5 billion US dollars.
10. Plastic Products – Import trade value of Plastic Products in 2023 – 3 billion US dollars.
Top 10 Import Trade Partners of Ukraine in 2023
The detailed analysis of the Ukraine Customs Data showcases that the nation's economy is heavily dependent on imports for domestic necessities. The top 10 global traders from which the country imports most of its domestic requirements in 2023 are,
1. China – As per the China Export Data, the valuation of Ukraine imports in 2023 – 42 billion US dollars.
VARIANTS OF IMPORTS
• Mineral fuels including oil • Vehicles • Electrical machinery and equipment • Machinery including computers • Plastics
2. Germany – As per the Germany Export Data, the valuation of Ukraine imports in 2023 – 27 billion US dollars.
VARIANTS OF IMPORTS
• Petroleum Gas • Cars • Pharmaceutical products • Machinery for electricity production • Vegetables
3. Russia – As per the Russia Export Data, the valuation of Ukraine imports in 2023 – 19 billion US dollars.
VARIANTS OF IMPORTS
• Natural Gas • Petroleum Oils • Semiconductors • Fertilizers • Iron and Steel
4. Poland – As per the Poland Export Data, the valuation of Ukraine imports in 2023 – 16 billion US dollars.
VARIANTS OF IMPORTS
• Machinery and Equipment • Vehicles • Metals • Chemicals • Plastics and Rubber
5. Turkey – As per the Turkey Export Data, the valuation of Ukraine imports in 2023 – 12 billion US dollars.
VARIANTS OF IMPORTS
• Machinery and Mechanical Appliances • Mineral Fuels • Chemical Products • Textile Articles • Iron and Steel Products
6. Italy – As per the Italy Export Data, the valuation of Ukraine imports in 2023 – 10 billion US dollars.
VARIANTS OF IMPORTS
• Pharmaceutical Products • Vehicles and Vehicle Parts • Electrical Machinery and Equipment • PLASTIC ARTICLES • MINERALS
7. United States – As per the USA Export Data, the valuation of Ukraine imports in 2023 – 8 billion US dollars.
VARIANTS OF IMPORTS
• Machinery and mechanical appliances • Pharmaceutical products • Electronic equipment • Aircraft and spacecraft • Cereals
8. France – As per the France Export Data, the valuation of Ukraine imports in 2023 – 7 billion US dollars.
VARIANTS OF IMPORTS
• Metal Products • Aircraft Parts • Chemicals • Pharmaceuticals • Metal Products
9. Netherlands – As per the Netherlands Export Data, the valuation of Ukraine imports in 2023 – 6 billion US dollars.
VARIANTS OF IMPORTS
• Food Products • Chemicals • Mineral Fuels • Machinery and Equipment • Metals
10. South Korea – As per the South Korea Export Data, the valuation of Ukraine imports in 2023 – 5 billion US dollars.
Que. What is the import trade value of Ukraine in 2023? Ans. The annual import trade value of Ukraine in 2023 is 88 billion U.S. dollars.
Que. What is the top imported product of Ukraine in 2023? Ans. Petroleum goods are the top imported products of Ukraine in 2023.
Que. Who is the top import trade partner of Ukraine in 2023? Ans. China is the top import trade partner of Ukraine in 2023.
Que. Where can you get a detailed trade analysis of Ukraine's imports in 2023? Ans. By subscribing to Import Globals you can get a detailed trade analysis of Ukraine imports in 2023.