At the end of the first half of 2021, China retained the status of Ukraine's largest trading partner. Bilateral trade reached $8.85 billion, 14.6% of the total volume of Ukrainian foreign trade. Such data were published by the State Statistics Service of Ukraine.
The positive dynamics of the Ukrainian-Chinese trade turnover recorded in the first half of 2021 corresponds to the general trends in Ukraine's foreign trade for this period. So, in January-June, Ukrainian exports grew by 30.7% and reached $29.92 billion, while imports increased by 28% – to $31.25 billion.
Over the period 2016-2021, the volume of investments in the Ukrainian economy from China increased from $50 million to $260 million foreign investment in the Ukrainian economy. In total, over 1100 enterprises with Chinese capital are registered in Ukraine.
What Ukraine buys in China
China is the world's largest producer of consumer goods and many intermediate goods.
For some products, China dominates other suppliers. For example, textiles and shoes, bicycles, and kitchen utensils.
China also dominates the market for photovoltaic devices for solar power plants. Antibiotics are the only national security critical item on this list.
What China buys in Ukraine
The structure of Ukrainian exports is strongly biased towards commodities. The main export items are iron ore, agricultural products, and non-ferrous metal products.