Business news from Ukraine

Business news from Ukraine

Nickel imports to Ukraine remained virtually unchanged

16 December , 2025  

In January-November 2025, Ukraine reduced imports of nickel and nickel products by 0.3% compared to the same period in 2024, to $23.592 million. In November, imports of nickel and nickel products amounted to $2.546 million.

Exports of nickel and nickel products in January-November 2025 amounted to $1.245 million (in November — $113,000) compared to $585,000 in the first 11 months of 2024.

In addition, Ukraine increased imports of nickel and nickel products by 73.7% in 2024 compared to 2023, to $26.730 million.

At the same time, in 2023, it reduced imports of nickel and nickel products by 74.2% compared to 2022, to $15.391 million.

Exports of nickel and nickel products in 2024 amounted to $602,000, while in 2023 they amounted to $532,000, and in 2022 — $1.268 million.

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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