At the fourth meeting of the U.S.-Ukraine Trade and Investment Council (TIC) held in Washington on July 31, 2012, the governments discussed a number of bilateral trade and investment issues, including implementation of the 2010 Intellectual Property Rights Action Plan. They announced the creation of the Trade Experts Group which will meet regularly at a working level to maintain a regular dialogue between meetings of the TIC.
U.S.-Ukraine Trade Facts
Ukraine is currently our 67th largest goods trading partner with $3.3 billion in total (two way) goods trade during 2012. Goods exports totaled $1.9 billion; Goods imports totaled $1.3 billion. The U.S. goods trade surplus with Ukraine was $587 million in 2012.
Ukraine was the United States' 61st largest goods export market in 2012.
U.S. goods exports to Ukraine in 2012 were $1.9 billion, down 9.4% ($201 million) from 2011, but up 660% from 2002.
The top export categories (2-digit HS) in 2012 were: Mineral Fuel (coal) ($490 million), Machinery ($454 million), Vehicles ($225 million), Aircraft ($145 million), and Fish and Seafood ($75 million).
U.S. exports of agricultural products to Ukraine totaled $135 million in 2012. Leading categories include: poultry meat ($44 million), planting seeds ($24 million), and eggs and egg products ($15 million).
Ukraine was the United States' 75th largest supplier of goods imports in 2012.
U.S. goods imports from Ukraine totaled $1.3 billion in 2012, a 7.4% decrease ($107 million) from 2011, but up 272.5% from 2002.
The five largest import categories in 2012 were: Iron and Steel ($344 million), Iron and Steel Products ($224 million), Inorganic Chemicals ($213 million), Mineral Fuel (oil) ($179 million), and Aircraft ($102 million).
U.S. imports of agricultural products from Ukraine totaled $38 million in 2012. Leading category was: sugars, sweeteners, and beverage bases ($13 million).
The U.S. goods trade surplus with Ukraine was $587 million in 2012, down 13.7% ($93 million) from 2011.
U.S. foreign direct investment (FDI) in Ukraine (stock) was $840 million in 2012, up 21.7% from 2011.
There is no information on the distribution of U.S. FDI in Ukraine.
Ukraine FDI in the United States (stock) was not available in 2012.
*NOTE: No services trade data with Ukraine is available.