The Ukrainian labor migration to Germany is currently a very present topic, as it is gaining more and more relevance. Statistical data show significant increases for Ukrainian workforces employed in Germany in the recent years, and further increases are expected. This bachelor thesis examines the backgrounds and framework conditions of Ukrainian labor migration to Germany, places it in context with other destination countries, and investigates the effects on the national economy and wage levels. Besides of that, different expressions of Ukrainian labor migration are presented and commodity trade relations between Ukraine and Germany are discussed. Most importantly, the thesis explores the macroeconomic causes of labor market changes and attempts to forecast, with the help of well-known theoretical models, what developments could be expected resulted by Ukrainian labor migration. Formulated hypotheses are attempted to be confirmed in an empirical analysis. For this purpose, statistical data such as average and minimum wages, migration figures, labor productivities and capital intensities were compared. The results indicate an influence of migration on growing wage levels in the Ukraine. In turn, the reduction of the available force also inhibits the labor productivity. The differentiated factor endowments ensures that Ukrainian workers are more likely to find themselves in labor-intensive economic sectors in Germany. Migration numbers are expected to increase even more if wage differentials remain at such a high level. Since the data situation is still relatively incomplete, especially with regard to the Ukrainian side, it will hopefully improve in the future and more in-depth studies to this topic will be possible.:1. Introduction 2. Theoretical Framework 2.1 Specific-Factors Model 2.1.1 Basic Concept 2.1.2 Model Extension and Application on Labor Migration 2.2 Heckscher-Ohlin Model 2.2.1 Basic Concept 2.2.2 Model Extension and Application on Labor Migration 3. Ukrainian Labor Migration to Germany 3.1 General 3.2 Meaning of Remittances and Labor Migration for the Ukrainian Labor Market 3.3 Trade between Ukraine and Germany 3.4 Different Expressions of Migration 4. Empirical Analysis 5. Conclusion Bibliography Appendix