In January this year, Ukraine’s metallurgical enterprises reduced their revenues from ferrous metal exports by 20.2% year-on-year to $218.769 million.
According to statistics released by the State Customs Service (SCS) on Tuesday, ferrous metals accounted for 6.88% of total export revenues in the period, compared to 8.06% in January 2014.
At the same time, Ukraine increased imports of similar products by 4.7% to $114.509 million in January 2025. In December, products worth $108.227 million were imported.
In addition, Ukraine increased exports of metal products by 22.3% to $78.672 million in January-2025. In December, they were exported for $73.676 million.
Imports of metal products increased by 5.1% to $76.381 million over the same period. In December, these products were imported for $76.205 million.
As reported, in 2024, Ukrainian steelmakers increased revenues from ferrous metal exports by 16.9% year-on-year to $3 billion 96.343 million. At the same time, Ukraine increased imports of similar products by 13.1% to $1 billion 478.814 million last year. In December, products worth $108.227 million were imported.
In 2023, Ukraine reduced revenues from exports of ferrous metals by 41.6% compared to 2022, to $2 billion 647.72 million, with ferrous metals accounting for 7.3% of total revenues from exports of goods in this period, compared to 10.3% in 2022. At the same time, in 2023, Ukraine increased imports of similar products by 37% to $1 billion 307.05 million.
In addition, in 2023, Ukraine decreased exports of metal products by 16.6% year-on-year to $877.92 million, while imports of metal products increased by 40.3% to $902.57 million.
