Country profile
Ukraine
A major exporter of grain, vegetable oils, steel and iron ore, trading under wartime conditions.
Updated 11 November 2026. Sources at the bottom of the page.
- Capital
- Kyiv
- Population
- 32.4 million (2026)
- Currency
- Ukrainian hryvnia (UAH)
- GDP, 2026
- US$229 billion
- Exports, 2024
- US$41.7 billion
- Exchange rate
- 1 USD = 45.6 UAH (11 Nov 2026)
Economy
IMF World Economic Outlook, October 2026. 2026 and 2027 are IMF projections.
1%Real GDP growth, 2026
3.5%Real GDP growth, 2027
8.9%Inflation, 2026
10.2%Unemployment, 2026
111.8% of GDPGovernment debt, 2026
-11% of GDPCurrent account, 2026
Compare Ukraine with other countries →
Trade
Top export markets
Share of the country’s exports, 2025
- Poland (11.3%)
- Spain (6.9%)
- Germany (6.8%)
- China (5.7%)
- Turkey (5.3%)
Main exports
Product groups, share of exports
- Cereals (22.6%)
- Vegetable oils, mainly sunflower oil (13.8%)
- Oil seeds (8.1%)
- Iron and steel (7.4%)
- Ores, mainly iron ore (7%)
Main trade agreements
- EU–Ukraine Deep and Comprehensive Free Trade Area (DCFTA)
- UK–Ukraine Political, Free Trade and Strategic Partnership Agreement
- Canada–Ukraine Free Trade Agreement
- Ukraine–Turkey Free Trade Agreement
Trade policy to watch
- War: Russian attacks on ports, rail and the power grid disrupt production and shipments.
- Black Sea exports: Ukraine ships through its Odesa-region ports via a corridor it set up in 2023, plus rail and Danube routes.
- EU market access: after temporary duty-free access ended in 2025, EU–Ukraine trade runs on revised DCFTA quotas for sensitive farm goods.
Energy
Before the war, nuclear power produced about half of Ukraine's electricity. Attacks on power plants and the grid have caused repeated outages. Ukraine imports oil products and some gas and electricity from the EU.
What it means for your supply chain
- Expect war-risk insurance costs and delays on Ukrainian shipments.
- Ukraine is a source of grain, sunflower oil, steel, iron ore and software services.
- Check supplier contingency plans for power cuts.
Ukraine in the Supplier Hub
1 company in the Supplier Hub is listed under Ukraine.
Sources
- IMF, World Economic Outlook, October 2026: GDP, growth, inflation, unemployment, government debt, current account (2026 and 2027 are projections; updated automatically).
- IMF, World Economic Outlook database: population (2026 estimate).
- Trading Economics, based on UN Comtrade data: export markets (2024 data) and main exports (2024 data); shares calculated from the listed values.
- Rates by Exchange Rate API (open access rates; updated daily).
- Energy Institute, Statistical Review of World Energy 2026: energy profile.
Figures are the latest published at the time of the update and may since have been revised. This page is for general information, not investment or legal advice.