State Statistics Service of Ukraine: Russia still key trade partner of Ukraine

In 2014, Russia was the key trade partner of Ukraine, according to data of the State Statistics Service of Ukraine.

Top three trade partners of Ukraine in 2014 were Russia, China, and Germany. The commodity turnover of these countries with Ukraine totaled $22.4 billion ($38.2 billion in 2013), $8.1 billion ($10.6 billion), and $6.9 billion ($8.4 billion), respectively.

Then go Poland, Belarus, and Turkey.  The United States rounds out the list of Ukraine’s top ten partners with - $2.59 billion. In 2014, the U.S. was down from the 8th to the 10th place, giving place to Hungary and Egypt.  The major consumers of Ukrainian goods in 2014 were Russia ($9.8 billion), Turkey ($3.56 billion), and Egypt ($2.86 billion).

Import of goods exceeded exports by $468.3 billion in 2014. Nevertheless, exports decreased by over $8 billion to $53.91 billion, with imports falling by $21.45 billion to $54.38 billion.