Login
Home > Home > Country Info > Ukraine

Ukraine

EDC Position-restricted select programs

EDC's Position

  • Targeted approach to business
  • Open on a restricted basis under select programs.
  • Please contact us for all enquiries.

Submit an online inquiry form

Country At A Glance

Flag of Ukraine
Map of Ukraine

Country Facts

Nominal GDP90.62 Billion USD
Population42.76 Million
Total Trade/GDP107.53%
CurrencyUkrainian Hryvnia (UAH)
Merchandise Imports from Canada210.49 Million CAD
Canadian direct investment-3 Million CAD
Main importsFuels & Energy, Machinery & Equipment, Chemicals, Food, Beverage & Tobacco

EDC in Ukraine

Canadian companies assisted11
International buyers insured4
Business volume18.14 Million CAD

Business Environment

Ukraine’s business environment has faced challenges in recent years but there have been some positive steps taken (e.g. fiscal and banking sector reforms) that have begun to show positive signs. The country offers opportunities for Canadian exporters in key sectors including Agri-food, Energy, Power and ICT. In mid-2016, Canada and Ukraine signed a bilateral Free Trade Agreement which ensures improved market access, for example by eliminating tariffs across many export groups (including industrial products, fish and seafood), and provides more predictable conditions for trade and investment.

Key Industries

  • Agriculture
  • Power
  • Construction & Infrastructure

How we can support your business

Through our representation in London, United Kingdom, we provide regional support to Canadian companies planning on or currently doing business in Ukraine. Our market experts have developed strategic relationships with major buyers in several sectors as well as a network of local contacts in the market.

  • We are positioned to help Canadian companies through a range of financing and risk management services.
  • Learn more about our service offering

Consult our interactive Country Risk Quarterly report.

 

Related Information

Country Risk Quarterly

Country Risk Quarterly

Make informed trade and investment decisions on over 100 countries.

Access it now