That calculated dollar amount results from a -37.8% decline from $68.1 billion five years earlier in 2021.
Year over year, the value of Ukraine’s exports grew by 4.7% compared to $40.4 billion during 2024.
The 5 most valuable exported products from Ukraine generated 36.9% of the Eastern European country’s total international sales. At the more detailed 4-digit Harmonized Tariff System (HTS) code level, Ukraine’s top money-making shipments were for: sunflower-seed or safflower oil, corn, iron ores or concentrates, wheat, then insulated wire or cable.
Ukraine’s Key Trading Partners
The latest available country-specific data shows that 61.1% of products exported from Ukraine were bought by importers in: Poland (10.9% of the Ukrainian total), Spain (7.1%), Germany (6.3%), mainland China (5.9%), Türkiye (5.5%), Netherlands (4.9%), Italy (4.7%), Romania (4.2%), Egypt (4%), Bulgaria (2.8%), India (2.5%) then Moldova (2.3%).
Shifting out to a continental perspective, 63.1% of Ukraine’s exports by value was delivered to fellow European countries while 26.5% was sold to importers in Asia. Ukraine shipped another 7.3% worth of goods to buyers in Africa.
Smaller percentages went to customers located in North America (2.7%), Latin America (0.4%) excluding Mexico but including the Caribbean, then Oceania (0.1%) led by Australia, Marshall Islands and New Zealand.
Given Ukraine’s population of 33.4 million people, its total $40.4 billion worth of exports in 2025 translates to roughly $1,200 for every resident in the Eastern European nation. That dollar metric exceeds the average $1,090 per capita for 2024.
Ukraine’s Top 10 Exports
The following export product groups represent the highest dollar value in Ukrainian global shipments during 2025, at the 2-digit HTS code level. Also shown is the percentage share each export category represents in terms of overall exports from Ukraine.
For a more detailed presentation of the top 100 goods exported from Ukraine, please see the section entitled Searchable List of Ukraine’s Most Valuable Export Products also below.
- Cereals: US$9.4 billion (23.3% of total exports)
- Animal/vegetable fats, oils, waxes: $5.8 billion (14.2%)
- Oil seeds: $3.4 billion (8.3%)
- Iron, steel: $3.1 billion (7.7%)
- Ores, slag, ash: $2.9 billion (7.3%)
- Electrical machinery, equipment: $1.54 billion (3.8%)
- Food industry waste, animal fodder: $1.48 billion (3.7%)
- Wood: $1.44 billion (3.6%)
- Meat: $1.1 billion (2.6%)
- Articles of iron or steel: $944.3 million (2.3%)
Ukraine’s top 10 exports in terms of product category generated over three-quarters (76.8%) of the overall value of Ukrainian global shipments.
Ores, slag and ash was the fastest grower among the top 10 export categories, up by 57.3% from 2024 to 2025.
In second place for improving export sales were oil seeds via a 19.2% advance.
Ukraine’s shipments of meat posted the third-fastest gain in value, up by 18%.
The leading decliner among Ukraine’s top 10 export categories was electrical machinery and equipment, recording a -7.6% year-over-year drop.
At the more detailed 4-digit Harmonized Tariff System (HTS) code level, the most valuable exported products were sunflower-seed or safflower oil (12% of Ukraine’s total), corn (8.8%), iron ores or concentrates (7.5%), wheat (5%), insulated wire or cable (3.6%), soya beans (also 3.6%), colza seeds (2.8%), poultry meat (2.5%), miscellaneous oil cakes (2.3%) then pig iron (2.1%).
Products Generating Greatest Trade Surpluses for Ukraine
The following types of Ukrainian product shipments represent positive net exports or a trade balance surplus. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports.
In a nutshell, net exports represent the amount by which foreign spending on a home country’s goods or services exceeds or lags the home country’s spending on foreign goods or services.
- Animal/vegetable fats, oils, waxes: US$6.1 billion (Up by 11.4% since 2024)
- Cereals: $6 billion (Down by -35.9%)
- Ores, slag, ash: $3.6 billion (Up by 22.9%)
- Oil seeds: $2.6 billion (Down by -11.8%)
- Iron, steel: $2.2 billion (Up by 37%)
- Wood: $1.7 billion (Up by 38.8%)
- Food industry waste, animal fodder: $1.3 billion (Up by 24.1%)
- Meat: $968.4 million (Up by 2%)
- Furniture, bedding, lighting, signs, prefab buildings: $598.6 million (Up by 53.1%)
- Dairy, eggs, honey: $374.3 million (Up by 126.2%)
Ukraine has highly positive net exports particularly in the international trade of animal or vegetable fats or oils or wales and corn, wheat and barley. In turn, these cashflows indicate Ukraine’s strong competitive advantages under the related product categories.
Products Causing Biggest Trade Deficits for Ukraine
Ukraine incurred an overall -US$26.8 billion trade deficit in 2025, slimming by -10.8% from -$27.4 billion in red ink one year earlier in 2024.
Below are exports from Ukraine that result in negative net exports or product trade balance deficits. These negative net exports reveal product categories where foreign spending on home country Ukraine’s goods trail Ukrainian importer spending on foreign products.
- Mineral fuels including oil: -US$8.9 billion (Up by 2.4% since 2024)
- Vehicles: -$7.3 billion (Down by -1.6%)
- Machinery including computers: -$6 billion (Up by 4.4%)
- Electrical machinery, equipment: -$5.6 billion (Down by -18.7%)
- Arms, ammunition: -$3.1 billion (Up by 6,428%)
- Aircraft, spacecraft: -$2.5 billion (Up by 76.9%)
- Plastics, plastic articles: -$2 billion (Down by -22%)
- Pharmaceuticals: -$1.8 billion (Down by -16.4%)
- Optical, technical, medical apparatus: -$1.7 billion (Up by 4.3%)
- Fertilizers: -$1.2 billion (Up by 1.3%)
Ukraine has highly negative net exports and therefore deep international trade deficits for energy products refined petroleum oils, petroleum gases, coal and crude oil under the mineral fuels-related category.
Ukrainian Export Companies
The following companies are selected examples of leading companies headquartered in Ukraine. Wikipedia lists the biggest exporters from Ukraine. Selected examples are shown below.
- Aeromeh (aircraft)
- Azovstal iron and steel works (iron, steel)
- Bogdan group (automobile maker)
- Chumak (food processing)
- EKTA (LED displays, imaging equipment/software)
- Metinvest (mining, metals)
- Motor Sich (engines)
- Naftohaz of Ukraine (oil, gas)
- Ukrainian Automobile Corporation (automobile maker)
- Ukrtatnafta (refined oil)
- Zaporizhstal (steel)
In macroeconomic terms, Ukraine’s total exported goods represent 6.1% of its overall Gross Domestic Product for 2025 ($690.1 billion valued in Purchasing Power Parity US dollars). That 6.1% for exports to overall GDP in PPP for 2025 compares to 6.2% for 2024. Those percentages suggest a relatively decreasing reliance on products sold on international markets for Ukraine’s total economic performance, albeit based on a short timeframe.
Another key indicator of a country’s economic performance is its unemployment rate. Ukraine’s unemployment rate averaged 11.573% in 2025, down from an average 13.1% for 2024 according to International Monetary Fund statistics.
Domestically, Ukraine’s average inflation rate was 12.584% for 2025 up from an average 6.504% in 2024.
Ukraine’s capital city is Kiev.
See also Ukraine’s Top 10 Imports, Russia’s Top 10 Exports, Wheat Exports by Country and Ukraine’s Top Trading Partners
Research Sources:
Central Intelligence Agency, The World Factbook report on Europe: Ukraine. Accessed on May 15, 2026
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on May 15, 2026
International Monetary Fund, Exchange Rates selected indicators (Domestic Currency per U.S. dollar, period average). Accessed on May 15, 2026
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on May 15, 2026
International Trade Centre, Trade Map. Accessed on May 15, 2026
Investopedia, Net Exports Definition. Accessed on May 15, 2026
Wikipedia, Gross domestic product. Accessed on May 15, 2026
Wikipedia, List of the biggest companies of Ukraine. Accessed on May 15, 2026
Wikipedia, List of companies of Ukraine. Accessed on May 15, 2026
Wikipedia, Purchasing power parity. Accessed on May 15, 2026
Wikipedia, Ukraine. Accessed on May 15, 2026