Business news from Ukraine

Business news from Ukraine

Ukraine increases export of ferroalloys by 33.6%

21 February , 2023  

Ukraine in January this year increased the export of ferroalloys in kind by 33.6% compared to the same period last year, to 55,900 tonnes.
According to statistics released by the State Customs Service, in monetary terms, the export of ferroalloys dropped by 35.5% to $51.573 million.
At the same time, the major exports were to Poland (57.25% of supplies in monetary terms), China (10.39%) and Turkey (7.37%).
In addition, in January, Ukraine imported 402 tonnes of these products, which is 96.3% less compared to January 2022. In monetary terms, imports fell by 84.6% to $1.657 million.
Ferroalloys were mainly imported from China (27.68%), Armenia (18.03%) and Slovakia (14.54%).

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