In January-September of this year, Ukrainian mining companies reduced their exports of iron ore raw materials (IORM) by 4.4% in physical terms compared to the same period last year, from 25 million 250,417 thousand tons to 24 million 145,038 thousand tons.
According to statistics released by the State Customs Service (SCS) on Wednesday, foreign currency proceeds from iron ore exports decreased by 16.7% during this period, from $2 billion 175.032 million to $1 billion 812.831 million.
Exports of raw materials were mainly to China (44.83% of shipments in monetary terms), Slovakia (16.9%), and Poland (16.58%).
In addition, in January-September 2025, Ukraine imported mineral resources worth $80,000 in the amount of 107 tons from the Netherlands (55%), Italy (28.75%), and Norway (16.25%), while in the same period last year it imported 813 tons worth $248,000.
As reported, in 2024, Ukraine increased its exports of raw materials by 89.8% compared to 2023, to 33 million 699.722 thousand tons, and foreign exchange earnings grew by 58.7%, to $2 billion 803.223 million UAH.
In 2024, Ukraine imported mineral resources worth $414,000 in a total volume of 2,042 tons, while in 2023, 250 tons of these raw materials were imported worth $135,000.
In 2023, Ukraine reduced its exports of raw materials by 26% in real terms compared to 2022, to 17 million 753,165 tons. Foreign exchange earnings amounted to $1 billion 766,906 million (a decrease of 39.3%). A total of 250 tons of mineral resources were imported for $135,000.
