Metallurgical enterprises of Ukraine in January this year reduced revenues from ferrous metals exports 6.2 times compared to the same period last year – to $165.690m.
According to the statistics released by the State Customs Service (SCS), ferrous metals accounted for 5.29% of total revenues from the export of goods during this period against 17.01% in January-2022.
At the same time, Ukraine reduced imports of similar products by 50% to $68.593 million in January this year.
In addition, Ukraine reduced exports of metal products by 48.8% to $62.127 million in January, while imports of metal products decreased by 35.2% – to $51.263 million.
As reported, metallurgical enterprises of Ukraine in 2022, revenues from exports of ferrous metals decreased by 67.5% compared to 2021 – to $4 billion 533.088 million – ferrous metals during this period amounted to 10.26% of total revenues from the export of goods against 20.49% in 2021. In December 2022, the proceeds from exports of ferrous metals amounted to $173.944 million, while in November – $205.647 million.
At the same time, last year, Ukraine reduced imports of similar products by 38.3% – to $954.387 million. In December, it was imported by $89.275 million.
In addition, in 2022, Ukraine reduced exports of metal products by 18.6% – to $ 1 billion 52.512 million, in December, they were delivered for $ 69.285 million.
Imports of metal products last year decreased by 42.9% – to $643.162 million (in December – $67.705 million).
