Ukraine Trade Balance
External balance on goods and services NE.RSB.GNFS.CD
Ukraine's trade balance was $-52.0B in 2025, ranked 174th globally. This represents a 43.9% decrease from 2024. Data from World Bank, covering 1989–2025.
Overview
Ukraine's trade balance stood at $-52.0B in 2025, a decline of +$15.9B from 2024. Based on recent trends, this figure is projected to reach $-52.0B by 2025. Ukraine ranked 174th globally.
Ukraine’s trade balance has deteriorated sharply, reaching a deficit of -51,971,102,884.57 in 2025, placing the country 174th globally and marking the all‑time trough after 37 years of data. This contrasts starkly with the modest surplus of 4,982,327,505.17 recorded in the 2004 peak, highlighting a long‑term shift from a balanced or slightly positive position to a deep and persistent deficit. The magnitude of the 2025 shortfall exceeds the deficits of peers such as Mexico (-43,817,774,638.88) and the United Kingdom (-60,688,071,871.24), underscoring Ukraine’s heightened vulnerability to external shocks, including the ongoing conflict and reduced export capacity. The early figure from 1989, a negligible -53,920,829.98, illustrates how the balance has moved from near equilibrium to a severe imbalance. If export diversification and reconstruction of infrastructure accelerate, the downward trajectory could be moderated, but absent such reforms the deficit is likely to remain sizable.
Data & projection
| Year | Trade Balance | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $-72.5B | - | - |
| 2026* trend | $-62.2B | - | - |
| 2025* trend | $-52.0B | - | - |
| 2025 | $-52.0B | −$15.9B | #174 |
| 2024 | $-36.1B | +$1.8B | #4 |
| 2023 | $-37.9B | −$11.2B | #7 |
| 2022 | $-26.7B | −$24.1B | #13 |
| 2021 | $-2.6B | −$269.6M | #42 |
| 2020 | $-2.4B | +$10.0B | #47 |
| 2019 | $-12.4B | −$958.3M | #13 |
| 2018 | $-11.4B | −$2.7B | #14 |
| 2017 | $-8.7B | −$2.3B | #18 |
| 2016 | $-6.5B | −$4.1B | #19 |
| 2015 | $-2.4B | +$2.3B | #58 |
| 2014 | $-4.7B | +$11.0B | #28 |
| 2013 | $-15.6B | −$1.3B | #13 |
| 2012 | $-14.3B | −$4.2B | #13 |
| 2011 | $-10.1B | −$6.2B | #18 |
Detected Pattern
Analysis
Ukraine matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw trade balance improve within 24 months. View full analysis →
Frequently Asked Questions
Ukraine's trade balance was $-52.0B in 2025. Ranked 174th globally. This represents a 43.9% decrease from the previous year.
Ukraine's trade balance peaked at $5.0B in 2004.
The lowest trade balance in Ukraine was $-52.0B in 2025.
Ukraine ranks 174th globally in trade balance as of 2025.
The World Bank indicator code is NE.RSB.GNFS.CD. Data sourced from World Bank.
Ukraine's trade balance is projected to reach $-52.0B by 2025 based on trend extrapolation.
The trade balance of Ukraine in 2025 was $-52.0B. This ranks 174th in the world.
Cite this page
@misc{historysaid_ukraine_trade-balance,
title = {Ukraine Trade Balance},
url = {https://historysaid.com/ukraine/trade-balance/},
publisher = {HistorySaid},
year = {2026}
}