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
Mapped: U.S. Mineral Production Value by State in 2022
U.S. mineral production value increased by 4% YoY in 2022 to reach $98.2 billion. Which states contributed the most to domestic mineral production?

U.S. States Ranked by the Value of their Mineral Production
The U.S. produced $98.2 billion worth of nonfuel minerals in 2022, but which states made up the majority of the mining?
This map uses data from the USGS to map and rank U.S. states by the value of their nonfuel mineral production in 2022.
The ranking takes into account the mining of nonfuel minerals that are split into two main categories: metallic minerals (like gold, copper, or silver), and industrial minerals (like phosphate rock, various types of clay, and crushed stone).
The Top Mineral-Producing States in the U.S.
Arizona tops the list of mineral-producing states, with $10.1 billion worth of minerals which account for 10.3% of the U.S. total, largely due to the state’s prolific copper production. The state of Arizona accounted for around 70% of domestic copper production in 2022, and as a result also produces large amounts of molybdenum as a byproduct.
The state of Nevada was the next top mineral producer at $8.9 billion worth of minerals, thanks to its longstanding leadership in gold mining (accounting for 72% of U.S. gold production in 2022) and by having the only operating lithium project in America.
States in the Western region of the U.S. dominate the ranking of top mineral-producing states, holding the top two spots and making up half of the top 10 when it comes to total mineral production value.
Rank | State | Mineral Production Value (2022) | Share of U.S. total |
---|---|---|---|
1 | Arizona | $10.1B | 10.3% |
2 | Nevada | $8.9B | 9.1% |
3 | Texas | $8.0B | 8.2% |
4 | California | $5.6B | 5.7% |
5 | Minnesota* | $4.8B | 4.9% |
6 | Alaska | $4.5B | 4.6% |
7 | Florida* | $2.8B | 2.9% |
8 | Utah | $3.6B | 3.7% |
9 | Michigan | $3.4B | 3.4% |
10 | Missouri | $3.2B | 3.2% |
*The value of these states is a partial total which excludes withheld values by the USGS to avoid disclosing company proprietary data. Rankings remain unaffected which is why some states may rank higher than others despite having a lower value.
Texas rounds out the top three at $8 billion worth of minerals produced in 2022, largely thanks to its dominant production of crushed stone. The state of Texas was the top producer of crushed stone in 2022 at more than $2.8 billion worth, nearly double that of the next largest producer, Florida, which produced $1.5 billion worth.
What Minerals is the U.S. Producing the Most of?
Nonfuel mineral production is categorized into two main categories by the USGS, metals/metallic minerals and industrial minerals.
While not as shiny, the produced value of industrial minerals far outweighs that of metallic minerals. While $34.7 billion worth of metals were produced in 2022, industrial mineral production value was nearly double at $63.5 billion.
Construction aggregates like construction sand and gravel along with crushed stone made up almost half of industrial minerals production at $31.4 billion, with crushed stone being the leading mineral commodity overall at $21 billion of production value.
Following crushed stone, the next top minerals produced but the U.S. were (in decreasing order of value): cement, copper, construction sand and gravel, and gold.
Although the value of metals production decreased by 6% compared to 2021, industrial minerals production increased by 10% year-over-year, resulting in an overall increase in America’s overall nonfuel mineral production of 4%.
Misc
Visualizing the Opportunity Cost of Unrecycled Metals in the U.S.
Exploring the quantity and dollar value of recycled metals in the U.S. by visualizing metal recycling ratios.

The Opportunity Cost of Unrecycled Metals in the U.S.
Metals are an essential resource for modern society, used in everything from construction and transportation to technology and medical equipment. As the demand for these minerals continues to grow, so does the amount of waste generated by their production and consumption.
Recycling this metal waste is not just a win for sustainability; it also has huge economic benefits. In the visual above, we explore the ratio of recycled vs. unrecycled metals in the U.S. using 2020 Recycling Statistics by the U.S. Geological Survey.
Metal Recycling in the U.S.
Opportunity cost is a concept that refers to the benefits that are forgone when choosing one option over another. In the case of unrecycled metals, the opportunity cost is the potential economic and environmental benefits that could have been achieved through increasing metal recycling ratios.
Below are the recycling rates for select metals in the U.S. in 2020.
Metal | % of supply recycled |
---|---|
Aluminum | 54 |
Chromium | 25 |
Copper | 36 |
Iron & Steel | 52 |
Lead | 77 |
Magnesium | 55 |
Nickel | 52 |
Tin | 36 |
The above recycled metals represented a dollar value of $26 billion in 2020. Their unrecycled counterparts, on the other hand, represented $28 billion.
Metals can either be recycled from scrap that results from the manufacturing process (known as “new scrap”) or scrap from post-consumer products (“old scrap.”) Regardless of the source, many of them, especially chromium, copper, and tin, have the potential to reap further sustainability and economic benefits by recycling a larger proportion of their scrap supplies.
The Case for Metal Recycling
When compared with the mining, processing and transport of new metals, recycling metals can provide a significantly less energy-intensive alternative, saving enough energy each year to power millions of homes in the U.S.
Recycling metals can also save natural resources, create more green jobs, and reduce a country’s dependency on mineral imports by supplementing its supply of raw materials.
Overall, the potential for metal recycling is vast, and taking steps to increase the amount of recycled metals in the U.S. can lead to even greater sustainability and economic benefits.
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