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Trade, economic and investment cooperation
01 March 2021 12:00


Trade and economic cooperation

According to the State Statistics Service of Ukraine, the volume of Ukrainian exports of goods to the Netherlands in 2020 amounted to 1 billion 808 million 443 thousand US dollars (or 97.8% to the corresponding period of 2019).

The volume of imports of goods from the Netherlands amounted to 740 million 616 thousand US dollars (96.8% to the corresponding period of 2019). The positive trade balance for Ukraine in 2020 was 1 billion 67 million 827 thousand US dollars.

The volume of exports of services from Ukraine in January-September 2020 amounted to 169,389.72 dollars. US dollars (97.6% to the corresponding period of 2019), imports amounted to 69,688.18 dollars. USA (73.5% to the corresponding period of 2019).

According to the commodity structure of Ukraine's foreign trade in 2020, the leading commodity groups of Ukrainian exports to the Netherlands (with a significant share) were: grain crops (share 30.1%, supply volume 350, 49 million US dollars or 76.2% of level of the corresponding period of 2019), fats and oils of animal or vegetable origin (28.0%, 326.03 million USD, 97.5%), seeds and fruits of oilseeds (8.7%, 101.28 million USD, 8.7%).

The commodity structure of imports from the Netherlands is represented by products that meet consumer demand (or are used for the manufacture of relevant goods in Ukraine), namely: cocoa and its products (share 7.0%), tobacco and industrial tobacco substitutes ( 7.0%), pharmaceutical products (6.8%), vegetables (5.7%). Other import groups: nuclear reactors, boilers, machinery (share of 10.8%), land vehicles other than rail (8.1%), plastics, polymeric materials (5.1%), electrical machinery (2.9%).

The Netherlands is an important trading partner of Ukraine: the country is one of the key exporters of Ukrainian products with a significant positive foreign trade balance. In 2020, the Netherlands ranked 9th in the world (4th in the EU) in terms of Ukrainian exports. The Netherlands leads TOP 5 importers of Ukrainian agricultural products in the EU.

The Netherlands is the second largest investor in the Ukrainian economy after Cyprus.


Invest in Ukraine

Comprehensive Guide for Investors https://ukraineinvest.gov.ua/guide/

Investment Atlas UkraineInvest

National Investment Council of Ukraine http://www.nicouncil.org.ua/en/

Investment Opportunities in Different Areas

Agribusiness

IT

Manufacturing

Mineral Fertilizers

FDI in Ukraine: Success Stories

Discover new opportunities with Export Promotion Office https://epo.org.ua/en/

Invest into Ukrainian sea ports http://investinports.com/en/


Useful Links


Ministry for Development of Economy, Trade and Agriculture of Ukraine: https://www.me.gov.ua/?lang=en-GB

State Service of Ukraine on Food Safety and Consumer Protection: https://dpss.gov.ua/en

ProZorro Public Procurement system: https://prozorro.gov.ua/en

Ukrainian Chamber Of Commerce and Industry: https://www.ucci.org.ua/en/



Exporters and Investors Council Under the MFA of Ukraine

https://rei.mfa.gov.ua/ua 

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