Australia is the leading trade partner of Ukraine in Oceania.
According to the State Statistics Service of Ukraine, during 2021 the trade turnover between Ukraine and Australia reached USD 215,2 mln.
Export of goods from Ukraine to Australia reached USD 60,9 mln (43% increase), and import – USD 154,3 mln (increase by three times).
Major Ukrainian export commodities included edible oils, metallurgy and machinery, vessels, as well as fertilizers.
In its turn, Australia exported to Ukraine pharmaceutics, machinery, optics, jewelry, carton and paper.
The volume of bilateral trade in services during 2021 was USD 22,3 mln (out of which export – USD 20,4 mln and import – USD 1,9 mln). The main types of the services provided by Australian and Ukrainian companies were logistics, telecommunication and tourism.
As of July 2022, the volume of direct Australian investments into Ukraine amounted to more than USD 0,5 mln. The largest share of funding was invested into retail trade, information technology and telecommunications.