AUSTRALIA-UKRAINE TRADE

Australia is the leading trade partner of Ukraine in Oceania.

According to the State Statistics Service of Ukraine, during first half of 2021 the total trade turnover between Ukraine and Australia reached USD 113,5 mln, that is more than two times bigger than 2020 year.

Export of goods from Ukraine to Australia reached USD 28,8 mln (63% increase), and import – USD 78,7 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 January-June 2021 was USD 6 mln (out of which export – USD 4,3 mln and import – USD 1,7 mln). The main types of the services provided by Australian and Ukrainian companies were logistics, telecommunication and tourism.

As of July 2021, 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.