In January–September of this year, Ukraine’s mining companies reduced exports of iron ore raw materials (IORM) by 29.8% in volume terms compared to the same period last year—down to 16,948,958 metric tons from 24,145,038 metric tons.
According to statistics released by the State Customs Service (SCS), 1,174,008 thousand metric tons of iron ore were exported in September, 1,865,697 thousand metric tons in August, 1,875,428 thousand metric tons in July, in June—2,021,299 metric tons; in May—2,239,167 metric tons of raw materials; in April—2,163,837 metric tons; in March—2,300,467 metric tons; in February – 1,254,516 thousand metric tons, in January – 2,054,539 thousand metric tons.
Over the first nine months of 2026, foreign exchange earnings from mineral ore exports decreased by 29% to $1,286,304 million.
In addition, Ukraine imported 246 metric tons of raw materials worth $74,000 in January–September 2026, whereas in January–September 2025, it imported 107,000 metric tons worth $80,000.
As previously reported, Ukraine’s mining companies reduced ore exports in physical terms by 8% in 2025 compared to the previous year—to 30,995,363 metric tons from 33,699,722 metric tons, and foreign exchange earnings decreased by 16.6%—to $2 billion 337.765 million from $2 billion 803.223 million. Exports were primarily shipped to China (44.98% of shipments in monetary terms), Slovakia (17.15%), and Poland (16.09%).
In addition, in 2025, Ukraine imported $95,000 worth of raw materials totaling 130 metric tons from the Netherlands (46.32%), Italy (36.84%), and Norway (13.68%), whereas in the previous year it imported 2,042 metric tons worth $414,000
EXPORTS, IRON ORE, METALLURGY, mining and metallurgical complex, UKRAINE