Key Market Indicators
In 2021, the Ukrainian Work Of Art Import-Export balance was $-2,417,090, while it was $-2,921,910 in 2020, showing a 18.4% growth. Ukrainian imports of Work Of Art increased by 18.4% in 2021, reaching $384,110. This marked the lowest annual decrease since 2001, when imports decreased by 21.7%. The country came in 84th place in 2021, whereas Barbados led the ranking with $384,110. The United Kingdom, Switzerland and the United Arab Emirates came in second, third and fourth place respectively. Ukrainian exports of Work Of Art are expected to reach $2,801,200 by 2026, up from $2,246,400 in 2021. This would represent a CAGR of 3.2%. Since 2001, the country's supply of Work Of Art has increased by 65.2% year on year. Ukraine ranked 51st in 2021, with Tanzania coming in first with $2,246,400. The United Kingdom, Switzerland and France followed in second, third and fourth place respectively. In 2021, Ukraine's Work Of Art Import-Export balance stood at -$2,417,090, as compared to -$2,921,910 in 2020, a rise of 18.4%.