In this article we’ll discover Ukraine – the largest European country.
Since 2014 the country changed its political orientation and turned towards European Union after signing with them the Association Agreement. In 2016 the free trade zone between Ukraine and European Union entered into force which facilitated the mutual market access and increased the international trade volumes.
As a result today Ukraine can offer multiple business opportunities for European companies for both: supplies and sales of products.
General data (2017)
- Capital: Kiev
- Area: 603 700 km²
- Population (2017): 44,8 million people
- Language: Ukrainian
- Currency: Hryvnia (UAH)
- Education: 99,4% literacy rate
Economic indicators (2017)
- GDP (B USD): 112 (+20% compared to 2016)
- GDP per capita (USD): 2186 (+ 21% compared to 2016)
- Unemployment: 9,0% (-2% compared to 2016)
- GDP growth rate: 2,5% (+9% compared to 2016)
- Composition of GDP: Service – 66%; Industry – 24%; Agriculture – 10%
International trade (2017)
- Main exports: metal products (23%), agricultural products (21%), animal or vegetable oils (11%), machinery and apparatus (10%), mineral products (9%)
- Main imports: mineral fuels (24%), machinery and apparatus (20%), chemistry (13%), transport equipment (8%), plastics and articles thereof (7%)
Learn more about trade relations between Ukraine and France.
