Like it or not, Iran is one of the Ukraine's important trading partners. The two countries have reestablished trade relations in 2016 after an 11-year break.
The share of Iran in Ukraine's total exports accounted for 1.3% last year, the Middle East country ranking 18th in terms of the Ukrainian export turnover. In particular, the share of Iran in the export of Ukrainian agricultural products made up 2.9%. Iran is one of the top ten countries with the highest indices of a foreign trade turnover with Ukraine.
However, Ukraine is unlikely to be one of the countries that can influence the fate of the 2015 nuclear agreement between Iran and the major world powers, particularly president Trump's withdrawal from this deal, and the situation in the Middle East on the whole. As one of the analysts put it, "Ukraine is a too small player to impact the winds blowing in the geopolitical skies". A nascent hike in oil prices may well strike on the remains of the export potential of Ukraine whose economy is already moribund.
According to Paul Craig Roberts, chairman of the Institute for Political Economy, if Russia does not tolerate Washington's overthrow of Syria, Russia certainly will not tolerate Washington's overthrow of Iran. And it is unlikely that China will either as China gets 20% of its oil from Iran.
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