Beijingwalker
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China Accounts for Almost Half of Ukraine’s Total Trade Deficit.
Monday, July 13, 2026
China remains Ukraine’s largest source of trade imbalance, accounting for almost half of the country’s total trade deficit. According to the State Customs Service, Ukraine’s total trade turnover with all countries reached about $58.1 billion in the first five months of 2026. Imports totaled $40.5 billion, while exports amounted to $17.6 billion.
Ukraine’s 10 largest trading partners accounted for about $36.1 billion of total trade turnover.
China ranked first by trade volume. In January-May, Ukraine’s trade turnover with China reached $11.75 billion, including $11.09 billion in imports and only $663.8 million in exports. China now accounts for more than 25% of Ukraine’s total imports, while Ukrainian exports to the country remain limited.
As a result, trade with China alone accounts for almost half of Ukraine’s overall trade deficit.
Poland ranked second, with bilateral trade turnover of $5.85 billion. Ukraine imported $3.88 billion worth of goods from Poland and exported $1.97 billion to the country. Turkey ranked third, with trade turnover of $4.21 billion, including $2.66 billion in imports and $1.55 billion in exports.
The top 10 also included Germany at $3.68 billion, the US at $2.49 billion, Italy at $2.17 billion, Hungary at $1.62 billion, the Czech Republic at $1.45 billion, the Netherlands at $1.45 billion and Slovakia at $1.42 billion.
The data show that the European Union remains Ukraine’s key space for trade, logistics and exports, while China continues to dominate as the country’s largest supplier of imported goods.
Ukraine’s main challenge is not only to expand exports, but also to reduce trade asymmetry with its largest partners by increasing sales of higher-value products.
