On November 1, 2019, the United States and Ukraine held the ninth meeting of the United States-Ukraine Trade and Investment Council, see here.
U.S.-Ukraine Trade Facts
In 2019, Ukraine GDP was an estimated $150.4 billion (current market exchange rates); real GDP was up by an estimated 3.2%; and the population was 42 million. (Source: IMF)
Ukraine is currently our 67th largest goods trading partner with $3.7 billion in total (two way) goods trade during 2019. Goods exports totaled $2.4 billion; goods imports totaled $1.3 billion. The U.S. goods trade surplus with Ukraine was $1.1 billion in 2019.
According to the Department of Commerce, U.S. exports of goods to Ukraine supported an estimated 5 thousand jobs in 2015 (latest data available).
- Ukraine was the United States' 59th largest goods export market in 2019.
- U.S. goods exports to Ukraine in 2019 were $2.4 billion, down 5.3% ($132 million) from 2018 but up 165.5% from 2009.
- The top export categories (2-digit HS) in 2019 were: mineral fuels ($722 million), vehicles ($671 million), machinery ($187 million), aircraft ($86 million), and fish and seafood (frozen fish, not fillets) ($78 million).
- U.S. total exports of agricultural products to Ukraine totaled $129 million in 2019. Leading domestic export categories include: planting seeds ($53 million), prepared food ($35 million), tree nuts ($15 million), tobacco ($9 million), and dog & cat food ($2 million).
- Ukraine was the United States' 71st largest supplier of goods imports in 2019.
- U.S. goods imports from Ukraine totaled $1.3 billion in 2019, down 4.2% ($56 million) from 2018, but up 161.9% from 2009.
- The top import categories (2-digit HS) in 2019 were: iron and steel ($567 million), iron and steel products ($170 million), electrical machinery ($99 million), preserved food (fruit and vegetable juices) ($46 million), and miscellaneous textile articles ($32 million).
- U.S. total imports of agricultural products from Ukraine totaled $143 million in 2019. Leading categories include: fruit & vegetable juices ($48 million), other vegetable oils ($31 million), snack foods ($12 million), other dairy products ($2 million), and processed fruit & vegetables ($918 thousand).
- The U.S. goods trade surplus with Ukraine was $1.1 billion in 2019, a 6.7% decrease ($76 million) over 2018.
U.S. foreign direct investment (FDI) in Ukraine (stock) was $596 million in 2019, a 12.0% increase from 2018. There is no information on the distribution of U.S. FDI in Ukraine.
No data on Ukraine's FDI in the U.S. are available. There is no information on the distribution of Ukraine FDI in the U.S.