Business news from Ukraine

Business news from Ukraine

Exports of Ukrainian semi-finished steel products fell by 38.5%

13 October , 2025  

In January-September of this year, Ukraine reduced exports of semi-finished carbon steel products in physical terms by 38.5% compared to the same period last year, to 941,511 thousand tons.

According to statistics released by the State Customs Service (SCS), in monetary terms, exports of carbon steel semi-finished products fell by 40.7% to $450.242 million.
The main exports were mainly to Bulgaria (36.68% of supplies in monetary terms), Turkey (16.78%), and Poland (13.70%).

During the period in question, Ukraine imported 80,635 thousand tons of semi-finished products worth $59.445 million, mainly from Oman (37.26%), Germany (22.19%), and India (16.31%), while in the first nine months of 2024, it imported 5 tons of semi-finished products worth $5 thousand.

As reported, in 2024, Ukraine increased its exports of semi-finished carbon steel products in physical terms by 56.7% compared to 2023, to 1 million 886,090 tons, while revenue in monetary terms increased by 52.4% to $927.554 million. The main exports were to Bulgaria (32.06% of supplies in monetary terms), Egypt (18.50%), and Turkey (11.14%).

In 2024, Ukraine imported 306 tons of semi-finished products worth $278 thousand from the Czech Republic (88.13%), Romania (7.19%), and Poland (2.88%), while in 2023, it imported 96 tons worth $172 thousand.

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