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Visualizing Ukraine’s Top Trading Partners and Products

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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.

CountryTrade with Ukraine (2020)Exports from Ukraine (%)Imports to Ukraine (%)
🇨🇳 China$15.3B46%54%
🇩🇪 Germany $7.4B28%72%
🇵🇱 Poland$7.4B45%55%
🇷🇺 Russia$7.2B37%63%
🇹🇷 Turkey $4.8B50%50%
🇧🇾 Belarus$4.2B32%68%
🇮🇹 Italy $4.1B48%52%
🇺🇸 U.S.$3.9B25%75%
🇮🇳 India$2.7B73%27%
🇳🇱 Netherlands$2.6B71%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 ValueShare of Exports
Cereals$9.4B19.1%
Iron and steel$7.7B15.6%
Animal or vegetable fats, oils, and other products$5.8B11.7%
Ores, slag, and ash$4.4B8.9%
Electrical machinery and equipment$2.6B5.2%
Other goods$19.4B39.5%

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 ValueShare of Imports
Mineral fuels, oil, and mineral products$7.4B13.8%
Boilers, machinery and mechanical appliances$6.3B11.7%
Vehicles other than railway or tramway rolling stock$5.5B10.2%
Electrical machinery and equipment$5.3B9.9%
Pharmaceutical products$2.5B4.7%
Other goods$26.6B49.7%

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.

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Misc

Mapped: Countries With the Highest Flood Risk

Recent floods in Pakistan have affected more than 33 million people. Where is the risk of flooding highest around the world?

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PopulationFloodRisk_MainGraphicOption2_1200px

Risk of Flooding Mapped Around the World

Devastating floods across Pakistan this summer have resulted in more than 1,400 lives lost and one-third of the country being under water.

This raises the question: which nations and their populations are the most vulnerable to the risk of flooding around the world?

Using data from a recent study published in Nature, this graphic maps flood risk around the world, highlighting the 1.81 billion people directly exposed to 1-in-100 year floods. The methodology takes into account potential risks from both inland and coastal flooding.

Asian Countries Most at Risk from Rising Water Levels

Not surprisingly, countries with considerable coastlines, river systems, and flatlands find themselves with high percentages of their population at risk.

The Netherlands and Bangladesh are the only two nations in the world to have more than half of their population at risk due to flooding, at 59% and 58%, respectively. Vietnam (46%), Egypt (41%), and Myanmar (40%) round out the rest of the top five nations.

Besides the Netherlands, only two other European nations are in the top 20 nations by percentage of population at risk, Austria (18th at 29%) and Albania (20th at 28%).

RankCountryFlood risk, by population exposed (%)Total population exposed
#1🇳🇱 Netherlands58.7%10,100,000
#2🇧🇩 Bangladesh57.5%94,424,000
#3🇻🇳 Vietnam46.0%45,504,000
#4🇪🇬 Egypt40.5%38,871,000
#5🇲🇲 Myanmar39.9%19,104,000
#6🇱🇦 Laos39.7%2,985,000
#7🇰🇭 Cambodia38.1%7,431,000
#8🇬🇾 Guyana37.9%276,000
#9🇸🇷 Suriname37.7%233,000
#10🇮🇶 Iraq36.8%16,350,000
#11🇹🇭 Thailand33.9%25,431,000
#12🇸🇸 South Sudan32.5%5,437,000
#13🇵🇰 Pakistan31.1%71,786,000
#14🇳🇵 Nepal29.4%11,993,000
#15🇨🇬 Republic of the Congo29.3%1,170,000
#16🇵🇭 Philippines29.0%30,483,000
#17🇯🇵 Japan28.7%36,060,000
#18🇦🇹 Austria27.8%2,437,000
#19🇮🇳 India27.7%389,816,000
#20🇦🇱 Albania27.6%771,000
#21🇨🇳 China27.5%394,826,000
#22🇹🇩 Chad27.4%4,547,000
#23🇮🇩 Indonesia27.0%75,696,000
#24🇭🇷 Croatia26.9%1,094,000
#25🇸🇰 Slovakia26.7%1,401,000

The Southeast Asia region alone makes up more than two-thirds of the global population exposed to flooding risk at 1.24 billion people.

China and India account for 395 million and 390 million people, respectively, with both nations at the top in terms of the absolute number of people at risk of rising water levels. The rest of the top five countries by total population at risk are Bangladesh (94 million people at risk), Indonesia (76 million people at risk), and Pakistan (72 million people at risk).

How Flooding is Already Affecting Countries Like Pakistan

While forecasted climate and natural disasters can often take years to manifest, flooding affected more than 100 million people in 2021. Recent summer floods in Pakistan have continued the trend in 2022.

With 31% of its population (72 million people) at risk of flooding, Pakistan is particularly vulnerable to floods.

In 2010, floods in Pakistan were estimated to have affected more than 18 million people. The recent floods, which started in June, are estimated to have affected more than 33 million people as more than one-third of the country is submerged underwater.

The Cost of Floods Today and in the Future

Although the rising human toll is by far the biggest concern that floods present, they also bring with them massive economic costs. Last year, droughts, floods, and storms caused economic losses totaling $224.2 billion worldwide, nearly doubling the 2001-2020 annual average of $117.8 billion.

A recent report forecasted that water risk (caused by droughts, floods, and storms) could eat up $5.6 trillion of global GDP by 2050, with floods projected to account for 36% of these direct losses.

As both human and economic losses caused by floods continue to mount, nations around the world will need to focus on preventative infrastructure and restorative solutions for ecosystems and communities already affected and most at risk of flooding.

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How Is Aluminum Made?

Aluminum is one of the world’s most widely used metals, but producing it is a complex process. Here’s a look at where it comes from.

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how is aluminum made?

How is Aluminum Made?

Aluminum is one of our most widely-used metals, found in everything from beer cans to airplane parts.

However, the lightweight metal doesn’t occur naturally, and producing it is a complex process.

The above infographics use data from the USGS, Aluminium Leader, and other sources to break down the three stages of aluminum production.

The Three Stages of Aluminum Production

Each year, the world produces around 390 million tonnes of bauxite rock, and 85% of it is used to make aluminum.

Bauxites are rocks composed of aluminum oxides along with other minerals and are the world’s primary source of aluminum. After mining, bauxite is refined into alumina, which is then converted into aluminum.

Therefore, aluminum typically goes from ore to metal in three stages.

Stage 1: Mining Bauxite

Bauxite is typically extracted from the ground in open-pit mines, with just three countries—Australia, China, and Guinea—accounting for 72% of global mine production.

Country2021 Mine Production of Bauxite (tonnes)% of Total
Australia 🇦🇺110,000,00028.2%
China 🇨🇳86,000,00022.1%
Guinea 🇬🇳85,000,00021.8%
Brazil 🇧🇷32,000,0008.2%
India 🇮🇳22,000,0005.6%
Indonesia 🇮🇩18,000,0004.6%
Russia 🇷🇺6,200,0001.6%
Jamaica 🇯🇲5,800,0001.5%
Kazakhstan 🇰🇿5,200,0001.3%
Saudi Arabia 🇸🇦4,300,0001.1%
Rest of the World 🌍15,500,0004.0%
Total390,000,000100.0%

Australia is by far the largest bauxite producer, and it’s also home to the Weipa Mine, the biggest bauxite mining operation globally.

Guinea, the third-largest producer, is endowed with more than seven billion tonnes of bauxite reserves, more than any other country. Additionally, Guinea is the top exporter of bauxite globally, with 76% of its bauxite exports going to China.

After bauxite is out of the ground, it is sent to refineries across the globe to make alumina, marking the second stage of the production process.

Stage 2: Alumina Production

In the 1890s, Austrian chemist Carl Josef Bayer invented a revolutionary process for extracting alumina from bauxite. Today—over 100 years later—some 90% of alumina refineries still use the Bayer process to refine bauxite.

Here are the four key steps in the Bayer process:

  1. Digestion:
    Bauxite is mixed with sodium hydroxide and heated under pressure. At this stage, the sodium hydroxide selectively dissolves aluminum oxide from the bauxite, leaving behind other minerals as impurities.
  2. Filtration:
    Impurities are separated and filtered from the solution, forming a residue known as red mud. After discarding the mud, aluminum oxide is converted into sodium aluminate.
  3. Precipitation:
    The sodium aluminate solution is cooled and precipitated into a solid, crystallized form of aluminum hydroxide.
  4. Calcination:
    The aluminum hydroxide crystals are washed and heated in calciners to form pure aluminum oxide—a sandy white material known as alumina.

The impurities or red mud left behind in the alumina production process is a major environmental concern. In fact, for every tonne of alumina, refineries produce 1.2 tonnes of red mud, and there are over three billion tonnes of it stored in the world today.

China, the second-largest producer and largest importer of bauxite, supplies more than half of the world’s alumina.

Country2021 alumina production (tonnes)% of total
China 🇨🇳74,000,00053%
Australia 🇦🇺21,000,00015%
Brazil 🇧🇷11,000,0008%
India 🇮🇳6,800,0005%
Russia 🇷🇺3,100,0002%
Germany 🇩🇪1,900,0001%
Ireland 🇮🇪1,900,0001%
Saudi Arabia 🇸🇦1,800,0001%
Ukraine 🇺🇦1,700,0001%
Spain 🇪🇸1,600,0001%
Rest of the World 🌍15,100,00011%
Total139,900,000100%

Several major producers of bauxite, including Australia, Brazil, and India, are among the largest alumina producers, although none come close to China.

Alumina has applications in multiple industries, including plastics, cosmetics, and chemical production. But of course, the majority of it is shipped to smelters to make aluminum.

Stage 3: Aluminum Production

Alumina is converted into aluminum through electrolytic reduction. Besides alumina itself, another mineral called cryolite is key to the process, along with loads of electricity. Here’s a simplified overview of how aluminum smelting works:

  1. In aluminum smelter facilities, hundreds of electrolytic reduction cells are filled up with molten cryolite.
  2. Alumina (composed of two aluminum atoms and three oxygen atoms) is then dumped into these cells, and a strong electric current breaks the chemical bond between aluminum and oxygen atoms.
  3. The electrolysis results in pure liquid aluminum settling at the bottom of the cell, which is then purified and cast into its various shapes and sizes.

China dominates global aluminum production and is also the largest consumer. Its neighbor India is the second-largest producer, making only a tenth of China’s output.

Country2021 Aluminum Smelter Production (tonnes)% of total
China 🇨🇳39,000,00059%
India 🇮🇳3,900,0006%
Russia 🇷🇺3,700,0006%
Canada 🇨🇦3,100,0005%
United Arab Emirates 🇦🇪2,600,0004%
Australia 🇦🇺1,600,0002%
Bahrain 🇧🇭1,500,0002%
Iceland 🇮🇸880,0001%
U.S. 🇺🇸880,0001%
Rest of the World 🌍9,400,00014%
Total66,560,000100%

As is the case for alumina production, some of the countries that produce bauxite and alumina also produce aluminum, such as India, Australia, and Russia.

Roughly a quarter of annually produced aluminum is used by the construction industry. Another 23% goes into vehicle frames, wires, wheels, and other parts of the transportation industry. Aluminum foil, cans, and packaging also make up another major end-use with a 17% consumption share.

Aluminum’s widespread applications have made it one of the most valuable metal markets. In 2021, the global aluminum market was valued at around $245.7 billion, and as consumption grows, it’s projected to nearly double in size to $498.5 billion by 2030.

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