Mineral Fuels Export Analysis of Ukraine in 2023
- Dec 28, 2024
Mineral Fuels Export Analysis of Ukraine in 2023
The mineral fuels sector plays a crucial role in the country's economy by accounting for almost 18% of the total global exports from the nation in 2023. The Ukrainian Ministry of Economic Development and the strategic evolution of the mining industries depict an increase of 15% per year in the export of mineral fuels in the upcoming days due to the increasing global acquirements. The country right now is positioned to capitalize on the demands of globally leading mineral fuels importers with its strategic production capability.
From 2019 onwards the export trade value of mineral fuels from Ukraine has attained a rate worth 22.6 billion US dollars which has got a hike of 17% worth a value of 26.5 billion US dollars in 2023. The vast amount of natural reserves present in the land area makes this sector a huge contributor worth a share of 60% of the total aggregate mineral fuels exports.
Top 10 Leading Mineral Fuels Exports of Ukraine in 2023
A significant contributor to Ukraine's globally thriving economy. The mineral fuels export industry has been introducing divergent variants in its year-by-export. As per the Ukraine Export Data, the leading mineral fuels exports of Ukraine in 2023 are,
1. Natural Gas - Export trade value of Natural Gas from Ukraine in 2023 - 8.5 billion US dollars.
2. Coal - Export trade value of Coal from Ukraine in 2023 - 6.8 billion US dollars.
3. Petroleum Products - Export trade value of Petroleum Products from Ukraine in 2023 - 5.8 billion US dollars.
4. Crude Oil - Export trade value of Crude Oil from Ukraine in 2023 - 4.5 billion US dollars.
5. Liquefied Natural Gas - Export trade value of Liquefied Natural Gas from Ukraine in 2023 - 3.8 billion US dollars.
6. Coke and Semi-coke - Export trade value of Coke and Semi-coke from Ukraine in 2023 - 3.5 billion US dollars.
7. Petroleum Gas - Export trade value of Petroleum Gas from Ukraine in 2023 - 2.8 billion US dollars.
8. Peat - Export trade value of Peat from Ukraine in 2023 - 2.19 billion US dollars.
9. Electricity - Export trade value of Electricity from Ukraine in 2023 - 1.87 billion US dollars.
10. Wood Charcoal - Export trade value of Wood Charcoal from Ukraine in 2023 - 1.19 billion US dollars.
Top 10 Leading Export Trade Partners of Ukraine for Mineral Fuels in 2023
The countries attracted by the competitive pricing strategies of Ukraine have been setting the epitome of strategic trade relationships. According to the Ukraine Customs Data, the top 10 leading export trade partners of Ukraine for mineral fuels in 2023 are,
1. Poland - As per the Poland Import Data, valuation of mineral fuel export from Ukraine in 2023 - 7.8 billion US dollars.
TOP 5 MINERAL FUELS EXPORT VARIANTS
• Light crude oil
• Medium Crude oil
• Heavy crude oil
• Sweet crude oil
• Sour crude oil
2. Germany - As per the Germany Import Data, the valuation of mineral fuel export from Ukraine in 2023 - 6.8 billion US dollars.
TOP 5 MINERAL FUELS EXPORT VARIANTS
• Bituminous coal
• Anthracite coal
• Lignite Coal
• Metallurgical coal
• Thermal coal
3. Italy - As per the Italy Import Data, valuation of mineral fuel export from Ukraine in 2023 - 5.7 billion US dollars.
TOP 5 MINERAL FUELS EXPORT VARIANTS
• Bitumen
• Asphalt
• Lubricating oils
• White spirit
• Base oils
4. Turkey - As per the Turkey Import Data, valuation of mineral fuel export from Ukraine in 2023 - 4.86 billion US dollars.
TOP 5 MINERAL FUELS EXPORT VARIANTS
• Ethylene
• Propylene
• Butadiene
• Methanol
• Ammonia
5. Hungary - As per the Hungary Import Data, valuation of mineral fuel export from Ukraine in 2023 - 3.85 billion US dollars.
TOP 5 MINERAL FUELS EXPORT VARIANTS
• Styrene
• Propane
• Butane
• Isobutane
• Bioethanol
6. C - Zech Republic - As per the CZECH Republic Import Data, valuation of mineral fuel export from Ukraine in 2023 - 2.87 billion US dollars.
TOP 5 MINERAL FUELS EXPORT VARIANTS
• Aviation turbine fuel
• Bunker fuel
• Synthetic fuels
• Hydrogen fuel
• Sulfur
7. Romania - As per the Romania Import Data, valuation of mineral fuel export from Ukraine in 2023 - 2.14 billion US dollars.
TOP 5 MINERAL FUELS EXPORT VARIANTS
• Petroleum jelly
• Pitch
• Asphaltic bitumen
• Biomethane
• Wood pellets
8. Slovakia - As per the Slovakia Import Data, valuation of mineral fuel export from Ukraine in 2023 - 1.87 billion US dollars.
TOP 5 MINERAL FUELS EXPORT VARIANTS
• Hydrogen peroxide
• Ammonium nitrate
• Nitrogen gas
• Argon gas
• Helium
9. Greece - As per the Greece Import Data, valuation of mineral fuel export from Ukraine in 2023 - 1.5 billion US dollars.
TOP 5 MINERAL FUELS EXPORT VARIANTS
• Charcoal briquettes
• Coal briquettes
• Bituminous sand oils
• Renewable diesel
• Octane enhancers
10. Bulgaria - As per the Bulgaria Import Data, valuation of mineral fuel export from Ukraine in 2023 - 1 billion US dollars.
TOP 5 MINERAL FUELS EXPORT VARIANTS
• Vacuum gas oil
• Furnace oil
• Paraffin waxes
• Slack wax
• Turbine oil
FAQ'S
Que. What is the total export trade value of mineral fuels from Ukraine in 2023?
Ans. The total export trade value of mineral fuels from Ukraine in 2023 is 26.5 billion US dollars.
Que. What is the top mineral fuel export of Ukraine in 2023?
Ans. Natural gas is the top mineral fuel export of Ukraine in 2023.
Que. Name the top mineral fuels export trade partners of Ukraine in 2023.
Ans. Poland is the top mineral fuels export trade partner of Ukraine in 2023.
Que. Where can you get a detailed trade analysis of Ukraine’s mineral fuels export in 2023?
Ans. By subscribing to Import Globals, you can get a detailed trade analysis of Ukraine’s mineral fuels export in 2023.
