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Goods Exported from Ukraine (2020)Īnimal or vegetable fats, oils, and other products These products made up nearly 35% of Ukraine’s exports in 2020, at a value of $17 billion collectively. Ukraine’s strong agricultural industry makes up a large share of the country’s exports in the form of cereals, animal and vegetable oils, and seed oils. While most of Ukraine’s trade with top partners is made up of imports, trade with both India and the Netherlands (Ukraine’s ninth and tenth largest trading partners respectively) was more export driven, with exports holding a greater than 70% share of total trade value. Germany ($7.4B), Poland ($7.4B), and Russia ($7.2B) were Ukraine’s next three largest trading partners, with the majority of Ukraine’s trade with these countries being imports.
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Ukraine’s largest trading partner in 2020 was China, with the value of trade between the two countries reaching $15.3 billion, more than double the value of any other trading partner.
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The current conflict continues to reshape geopolitical relations and international trade-and to give context to the situation, we’ve created this graphic using IMF and UN Comtrade data to showcase Ukraine’s largest trading partners and goods traded in 2020. Now, Ukraine’s international trade has been irreversibly disrupted since Russia’s full-scale invasion on February 24th, 2022. In 2014, Russia’s annexation of Crimea contributed to a 30% year-over-year drop in Ukraine’s 2015 trade value ($75.6B). International trade was equal to 65% of Ukraine’s GDP in 2020, totaling to $102.9 billion of goods exchanged with countries around the world.
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It’s pretty incredible to think about the United States this way – and it helps put the economic power of the full country in real context. Even Vermont, a state with a population of 626,000 people and the smallest state economy, is approximately the size of Bahrain. Wisconsin is about the size of Malaysia, and Louisiana is comparable to the Philippines. Perhaps even more interesting, however, is that even small states are similar to the size of countries. Not surprisingly – big states like California, New York, and Texas are very similar in size to other formidable economies like France, South Korea, and Canada. economy is so big that all of the individual states are comparable to entire countries. Today’s map, which comes from the Carpe Diem blog at the AEI, provides a similar perspective. We’ve previously tried to put America’s $18 trillion economy in perspective using different maps – and we’ve also shown it in the context of the world’s $74 trillion economy. States Renamed for Countries With Similar GDPs