Bilateral trade has gradually recovered to pre-2009 crisis levels.
Foreign direct investment from EU countries into Ukraine also continues to inch up. According to Ukrainian government figures, foreign direct investment from the EU into Ukraine increased 11 percent in 2011 from the previous year, reaching a cumulative $39.4 billion since independence.
That accounts for 80 percent of all FDI that has poured into Ukraine. Overall FDI inflows, however, are relatively small compared to that attracted by neighboring Poland and others.