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Trade between Ukraine and Ireland
04 June 2020 19:12

According to State Statistics Service of Ukraine an aggregate volume of trade in 2018 in goods and services between the two countries totaled 532,6 million USD, which made up 160% as compared to 2017.

In 2019 the aggregate volume of trade increased by 34,3% as compared to 2018 and reached 715,6 milion USD. Export of goods almost doubled and reached 153,2 million USD (197,7%). Import of goods amounted to 169,6 million USD or increased by 118% as compared to the corresponding period of 2018.

Export of services in 2019 made up 86,8 million USD or 148% while import of services amounted to 306 million USD or 121% as compared to the corresponding period of 2018.

Major export commodity groups were grain, fuel, ferrous metals, food produce as well as computer, TV and transport services.

Structure of major import commodity groups remained largely unchanged and included pharmaceutical and food produce, optical and photo equipment, computer and TV communication services.

In January - April 2020, export of goods made up 52,7 million USD or 65% as compared to the corresponding period in 2019. Import of goods amounted to 56,7 million USD or 148%. Export of services reached 33,9 million USD or 199% while import of services made up 66,4 million USD or 86%.

Bilateral air transport cooperation has been successfully developing during previous several years. In particular on 2 May 2019 Irish Ryanair company launched direct air flight from Dublin to Kyiv.

Irish CRH company, which is among the leading global diversified building materials businesses in the world, employing 77,600 people at 3,100 locations worldwide, came to the Ukrainian market in 1999 and since has been successfully advancing its production of construction materials based on the acquired Ukrainian enterprises, in particular “podillya Cement”, OJSC “Cement” (Odesa), PJSC “Mykolaivcement”, “Bila Tserkva Concrete Plant”, Popilnya Quarry”, and “Bekhiv Quarry”.

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