Misc
Visualizing Ukraine’s Top Trading Partners and Products
Visualizing Ukraine’s Top Trading Partners and Products
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.
In 2014, Russia’s annexation of Crimea contributed to a 30% year-over-year drop in Ukraine’s 2015 trade value ($75.6B). Now, Ukraine’s international trade has been irreversibly disrupted since Russia’s full-scale invasion on February 24th, 2022.
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.
Ukraine’s Largest Trading Partners
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.
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.
Country | Trade with Ukraine (2020) | Exports from Ukraine (%) | Imports to Ukraine (%) |
---|---|---|---|
🇨🇳 China | $15.3B | 46% | 54% |
🇩🇪 Germany | $7.4B | 28% | 72% |
🇵🇱 Poland | $7.4B | 45% | 55% |
🇷🇺 Russia | $7.2B | 37% | 63% |
🇹🇷 Turkey | $4.8B | 50% | 50% |
🇧🇾 Belarus | $4.2B | 32% | 68% |
🇮🇹 Italy | $4.1B | 48% | 52% |
🇺🇸 U.S. | $3.9B | 25% | 75% |
🇮🇳 India | $2.7B | 73% | 27% |
🇳🇱 Netherlands | $2.6B | 71% | 29% |
Source: IMF
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.
Ukraine’s Top Exports and Imports
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. These products made up nearly 35% of Ukraine’s exports in 2020, at a value of $17 billion collectively.
Goods Exported from Ukraine (2020) | Dollar Value | Share of Exports |
---|---|---|
Cereals | $9.4B | 19.1% |
Iron and steel | $7.7B | 15.6% |
Animal or vegetable fats, oils, and other products | $5.8B | 11.7% |
Ores, slag, and ash | $4.4B | 8.9% |
Electrical machinery and equipment | $2.6B | 5.2% |
Other goods | $19.4B | 39.5% |
Source: UN Comtrade
The other two cornerstones of Ukraine’s industry and exports are iron ore and steel, along with refined electrical machinery, equipment, and other mechanical appliances. In 2020, exports of crude iron and steel along with their refined products made up $13 billion in value, making up more than a quarter of Ukraine’s exports.
Ukraine’s imports are primarily vehicles, machinery, and the fuels necessary to power these goods. With the country’s energy consumption outpacing domestic energy production, mineral fuels and oils are Ukraine’s top import in 2020 at $7.42 billion.
Goods Imported from Ukraine (2020) | Dollar Value | Share of Imports |
---|---|---|
Mineral fuels, oil, and mineral products | $7.4B | 13.8% |
Boilers, machinery and mechanical appliances | $6.3B | 11.7% |
Vehicles other than railway or tramway rolling stock | $5.5B | 10.2% |
Electrical machinery and equipment | $5.3B | 9.9% |
Pharmaceutical products | $2.5B | 4.7% |
Other goods | $26.6B | 49.7% |
Source: UN Comtrade
Primarily importing from Belarus, Russia, and Germany, Ukraine’s need for energy fuels was greatly exacerbated by Russia’s annexation of the Crimean peninsula, which held 80% of Ukraine’s oil and natural gas deposits in the Black Sea.
Various kinds of machinery, vehicles, and electrical equipment are the next largest categories of goods imported, cumulatively making up 31% ($17.1B) of Ukraine’s imports.
Ukraine’s Shift Away from Russian Trade Dependence
Since its independence from the former USSR in 1991, Ukraine has steadily shifted towards Western trading partners, especially as conflicts with Russia escalated in the 2010s.
After years of negotiations, Ukraine’s Association Agreement with the EU in 2014 facilitated free trade between EU nations and Ukraine, reducing the country’s dependence on trade with Russia.
Ukraine is one of the most important economic centers of the former Soviet Union, and it had long been the breadbasket of the USSR thanks to its fertile chernozem soil and strong agricultural industry.
Trade value between Russia and Ukraine peaked in 2011 at $49.2 billion, and since then has fallen by 85% to $7.2 billion in 2020. During this time, European nations like Poland and Germany overtook Russia in terms of trade value with Ukraine, and in 2021 trade with the EU totaled to more than $58 billion.
War’s Effect on Ukraine’s Future Trading Partners
Russia’s invasion of Ukraine is rapidly reshaping both countries’ international relations and trading partners.
Four days into the recent conflict, Ukrainian President Zelenskyy filed for Ukraine’s special admission into the EU, which would further strengthen Ukraine’s trade with European Union members. Combining the likely breakdown of Ukrainian-Russian trade with China’s lack of condemnation of Russia’s actions, Ukraine’s trade seems likely to continue shifting towards the European Union and its Western allies.
While not exactly international trade, on February 26th the U.S. committed an additional $350 million in support to Ukraine, with American financial security assistance to Ukraine totaling $1 billion over the past year. Alongside the U.S., the EU recently committed €500 million in financial support, and multiple EU and non-EU nations are providing Ukraine with military aid.
Although it’s impossible to determine the results of this conflict and its effects on international trade, the countries supporting Ukraine’s defense today are likely to become the Ukraine’s top trading partners in the future.
Misc
Charted: The End-of-Life Recycling Rates of Select Metals
End-of-life recycling rates measure the percentage of a material that is recovered at the end of its useful life, rather than being disposed of or incinerated.

Charted: The End-of-Life Recycling Rates of Select Metals
This was originally posted on our Voronoi app. Download the app for free on Apple or Android and discover incredible data-driven charts from a variety of trusted sources.
We visualize the end-of-life recycling rates (EOL-RR) of commonly used metals in the economy. Data is sourced from the International Energy Agency, last updated in 2021.
Tracking recycling rates helps manage resources better and make smarter policies, guiding efforts to cut down on waste.
Ranked: The End of Life Recycling Rates of Select Metals
Gold has an 86% recycling rate according to the latest available data. Per the Boston Consulting Group, one-third of total gold supply was met through recycling between 1995–2014.
Metal | End-of-life recycling rate (2021) | 🔍 Used In |
---|---|---|
Gold | 86% | 💍 Jewelry / Electronics |
Platinum/Palladium | 60% | 🔬 Optical fibers / Dental fillings |
Nickel | 60% | 🔋 Batteries / Turbine blades |
Silver | 50% | 💍 Jewelry / Mirrors |
Copper | 46% | 🔌 Electrical wiring / Industrial equipment |
Aluminum | 42% | ✈️ Aeroplane parts / Cans |
Chromium | 34% | 🍽️ Stainless steel / Leather tanning |
Zinc | 33% | 🔗 Galvanizing metal / Making rubber |
Cobalt | 32% | 🔋 Batteries / Turbine engines |
Lithium | 0.5% | 🔋 Batteries / Pacemakers |
REEs | 0.2% | 📱 Mobile phones / Hard drives |
Note: Figures are rounded.
Several factors can influence metal recycling rates. According to this International Resource Panel report, metals that are used in large quantities (steel) or have a high value (gold) tend to have higher recycling rates.
However, for materials used in small quantities in complex products (rare earth elements in electronics), recycling becomes far more challenging.
Finally, a metal’s EOL-RR is strongly influenced by the least efficient link in the recycling chain, which is typically how it’s initially collected.
Learn More on the Voronoi App 
If you enjoyed this post, check out Critical Materials: Where China, the EU, and the U.S. Overlap which shows how critical materials are classified within different jurisdictions.
Misc
Companies with the Most Fossil Fuel and Cement CO2 Emissions
Half of the world’s total fossil fuel and cement carbon dioxide emissions in 2023 came from just 36 companies.

Companies with the Most Fossil Fuel and Cement CO2 Emissions
This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.
Key Takeaways
- Half of the world’s fossil fuel and cement carbon dioxide emissions in 2023 came from just 36 entities, according to a report by the Carbon Majors Project
- If Saudi Aramco were a country, it would be the fourth-largest polluter in the world, after China, the U.S., and India.
- Five publicly traded oil companies—ExxonMobil, Chevron, Shell, TotalEnergies, and BP—together accounted for 5% of global carbon dioxide emissions from fossil fuels.
Chinese Companies Dominate the List
This graphic is based on Carbon Majors, a database of historical production data from 180 of the world’s largest oil, gas, coal, and cement producers representing 169 active and 11 inactive entities.
In 2023, the top 20 highest carbon-producing entities were responsible for 17.5 gigatonnes of carbon dioxide equivalent (GtCO₂e) in emissions, accounting for 40.8% of global fossil fuel and cement CO₂ emissions. The list is largely dominated by state-owned companies, with 16 of the top 20 being state-controlled. Notably, eight Chinese entities contributed to 17.3% of global fossil fuel and cement CO₂ emissions in 2023.
Entity | Total emissions (MtCO2e) | Global CO2 emissions (%) |
---|---|---|
1 | Saudi Aramco | 4.4% |
2 | Coal India | 3.7% |
3 | CHN Energy | 3.7% |
4 | Jinneng Group | 2.9% |
5 | Cement industry of China | 2.8% |
6 | National Iranian Oil Company | 2.8% |
7 | Gazprom | 2.3% |
8 | Rosneft | 1.9% |
9 | Shandong Energy | 1.7% |
10 | China National Coal Group | 1.7% |
11 | Abu Dhabi National Oil Company | 1.6% |
12 | CNPC | 1.6% |
13 | Shaanxi Coal and Chemical Industry Group | 1.6% |
14 | Iraq National Oil Company | 1.3% |
15 | Shanxi Coking Coal Group | 1.3% |
16 | ExxonMobil | 1.3% |
17 | Sonatrach | 1.2% |
18 | Chevron | 1.1% |
19 | Kuwait Petroleum Corp. | 1.0% |
20 | Petrobras | 1.0% |
21 | Shell | 0.9% |
22 | Pemex | 0.9% |
23 | TotalEnergies | 0.8% |
24 | QatarEnergy | 0.8% |
25 | Lukoil | 0.8% |
26 | BP | 0.8% |
27 | Glencore | 0.7% |
28 | China Huaneng Group | 0.7% |
29 | Luan Chemical Group | 0.7% |
30 | Equinor | 0.7% |
31 | Peabody Energy | 0.7% |
32 | Nigerian National Petroleum Corp. | 0.6% |
33 | CNOOC | 0.6% |
34 | ConocoPhillips | 0.6% |
35 | Eni | 0.6% |
36 | Petronas | 0.5% |
Coal continued to be the largest source of emissions in 2023, representing 41.1% of emissions in the database and continuing a steady upward trend since 2016. Coal emissions grew by 1.9% (258 megatonnes of carbon dioxide equivalent – MtCO₂e) from 2022, while cement saw the largest relative increase at 6.5% (82 MtCO₂e), driven by expanding production.
In contrast, natural gas emissions fell by 3.7% (164 MtCO₂e), and oil emissions remained stable with only a slight increase of 0.3% (73 MtCO₂e).
Learn More on the Voronoi App 
To learn more about this topic, check out this graphic that shows greenhouse gas emissions by sector in 2023, according to data was compiled by the United Nations. The power sector remains the largest emissions contributor.
-
Electrification2 years ago
The Six Major Types of Lithium-ion Batteries: A Visual Comparison
-
Real Assets2 years ago
Which Countries Have the Lowest Inflation?
-
Electrification3 years ago
The World’s Top 10 Lithium Mining Companies
-
Real Assets1 year ago
200 Years of Global Gold Production, by Country
-
Electrification2 years ago
Life Cycle Emissions: EVs vs. Combustion Engine Vehicles
-
Misc2 years ago
Mapped: U.S. Mineral Production Value by State in 2022
-
Energy Shift2 years ago
Mapped: Biggest Sources of Electricity by State and Province
-
Electrification2 years ago
Visualizing Global EV Production in 2022, by Brand