Return to: Business NewsUS-Ukraine Trade Relations Strengthen with New Minerals Deal: Latest Import Data & 2025 OutlookThe trade partnership between the United States and Ukraine continues to evolve despite global economic uncertainties. According to the latest US import data and Ukraine export data, the total value of US imports from Ukraine reached $1.23 billion in 2024, representing a slight 1% decline from the previous year. In the first two quarters of 2025 alone, the U.S. imported $800 million worth of Ukrainian goods, signaling continued demand across key sectors. Overall, US-Ukraine trade accounted for $2.91 billion in 2024 and $1.96 billion in the first half of 2025, as reported by the latest US-Ukraine trade statistics. This positions Ukraine as the 47th largest trading partner of the United States, confirming its strategic role in the region’s supply chain. What Does the U.S. Import from Ukraine? The U.S. relies on Ukraine for several essential industrial and agricultural products. Based on the latest trade data, the top imports include: Iron & Steel (HS Code 72): $438.77 million Articles of Iron or Steel (HS Code 73): $124.41 million Electrical Machinery & Equipment (HS Code 85): $85.46 million Animal or Vegetable Fats & Oils (HS Code 15): $80.19 million Preparations of Fruits & Vegetables (HS Code 20): $54.85 million These categories highlight Ukraine’s strong industrial capabilities and its importance in supplying raw materials and value-added goods to the U.S. market. US-Ukraine Minerals Deal: A Major Step Toward Strategic Cooperation A significant milestone in US-Ukraine trade relations was achieved in April 2025, when both nations signed a minerals and natural resources agreement. This landmark deal establishes a joint framework to develop and utilize Ukraine’s vast natural resource wealth, including critical minerals vital for clean energy, electronics, and defense industries. The agreement aims to: Expand cooperation in mining and mineral processing Enhance supply chain security for strategic raw materials Support Ukraine’s economic recovery and industrial modernization Strengthen U.S. access to reliable, non-Chinese mineral sources This partnership is expected to create new investment opportunities and boost bilateral trade in raw materials and advanced technologies. Outlook for US-Ukraine Trade Despite geopolitical challenges, the trade relationship between the two nations remains stable and forward-looking. With the new minerals deal paving the way for deeper cooperation, US-Ukraine trade is poised for growth in 2025 and beyond. As the U.S. continues diversifying its suppliers for critical goods, Ukraine’s role as a strategic economic partner will likely exp ... News Release: US-Ukraine Trade Relations Strengthen with New Minerals Deal: Latest Import Data & 2025 Outlook Submitted on: December 11, 2025 10:47:41 AM Submitted by: USimport Data On behalf of: https://www.usimportdata.com/blogs/us-ukraine-trade-relations-trade-deal-us-imports-from-ukraine |