Business news from Ukraine

Business news from Ukraine

Ukraine reduced nickel imports by almost 5%

13 November , 2025  

In the first ten months of 2025, imports of nickel and nickel products fell by 4.8% to $21.05 million, while in October, nickel imports amounted to $3.81 million, according to data from the State Customs Service.

At the same time, exports almost doubled to $1.13 million, compared to $0.57 million in 2024.

In 2024, nickel imports, on the contrary, rose sharply by 73.7% to $26.73 million after falling by 74% in 2023.

Nickel is used in the production of stainless steel and for nickel plating. Nickel is also used in the production of batteries, in powder metallurgy, and in chemical reagents.

 

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