International Trade in Ukraine

International Trade in Ukraine

After years of strong growth, in 2009 Ukraine experienced one of the worst recessions in Europe. Growth rate decreased by -15%, under the joint effect of a decline in economic activity, drying up of foreign funding and a crisis in the global demand for steel. The country faced a collapse... Read more

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Market Analyses About Ukraine (197)

Import and Export Services in Ukraine (994)

  • Universal Consensus

    Universal Consensus

    Cross-Cultural Training, Ukraine

    Universal Consensus is a global business advisory firm specilized in cross-cultural consulting whose mission is to help clients to...
  • CIS Debt Recovery Solutions

    CIS Debt Recovery Solutions

    Debt Collection, Ukraine

    CIS Debt Recovery Solutions operates in the sphere of international commercial debt collection in almost all countries of the...

Business Tips About Ukraine (313)

Agents and Distributors in Ukraine (118)

  • Synchrotech Consulting

    Synchrotech Consulting

    Management Consulting, Ukraine

    We are a dynamic consulting company and will gladly assist companies who are interested in finding new markets by providing: -...
  • ZhL, ALC

    ZhL, ALC

    Export Management, Ukraine

    Confectionary factory "ZhL" (sladosti.com.ua) is one of the top 5 leaders in the confectionery market of Ukraine. The factory...

Overview About International Trade in Ukraine

Main Industry Sectors

The agricultural sector has a major role in Ukraine's economy. It employs around 17% of the population and contributes around 10% to the GDP. The main crops are cereals, sugar, meat and milk. Ukraine is the fifth biggest exporter of cereals in the world. Ukraine is rich in mineral resources, the main ones being iron and magnesium, and in energy resources (coal and gas).

The secondary sector employs 24% of the population and contributes more than a half of the GDP. The Ukrainian manufacturing sector is dominated by heavy industries such as iron (Ukraine is the 6th biggest producer of iron in the world), and steel. These two sectors alone, account for 30% of the industrial production. Coal mining, chemical and mechanical products (airplanes, turbines, locomotives and tractors) and ship building are also important sectors. However, it is important to keep in mind that industrial production was much affected by the global economic crisis.

The service sector employs close to 60% of the workforce and contributes up to 38% of the GDP. Ukraine is an energy transit country, providing transportation to western Europe and the Balkans, for Russian and Caspian oil and gas thr...

News Related to International Trade in Ukraine

  • Poland, US, Ukraine seal deal on gas supplies security - Sep 02, 2019

    Poland, US, Ukraine seal deal on gas supplies security

    Source: TODAY AZERBAIJAN

  • Ukraine: 28 years of struggle for Independence - Sep 01, 2019

    Photo:Ukrainian President Volodymyr Zelenskiy addresses lawmakers during the first session of newly-elected parliament in Kyiv

    Source: UKRAINE BUSINESS

  • Ukraine halts bridge restoration in war-torn Luhansk region - Aug 29, 2019

    Analyst: "Putin wants to convince Ukrainians – particularly those in the southeastern regions – that Euro-Atlantic integration is futile. He wants to convince them that they have more to gain by integrating with Russia on all fronts. In his logic (rather flawed), using military aggression will accomplish this. And in order to convince Ukrainians of the need to reunite with Russia, Putin needs Zelensky to fail, especially since he will be appealing to the Russophile Southeast with his planned Western-backed reforms."

    Source: UKRAINE BUSINESS