Ukrainian metal companies saw a fall of 10% in foreign currency revenues from exports of ferrous metals in January-August 2019 year-over-year, to $6.3 billion.
According to customs statistics published by the State Fiscal Service, the share of ferrous metals of total income from exports was 19.08% compared to 22.65% from a year ago.
In August 2018 alone, receipts from ferrous metal exports amounted to $685.679 million.
In January-August 2018, Ukraine decreased imports of similar products by 4.4%, to $857.252 million including imports reaching $115.525 million in August.
In January-August 2018, Ukraine decreased metal products exports by 2.1%, to $713.87 million including August deliveries being $76.452 million. During this period, imports of metal products grew by 21.8%, to $728.858 million, including August imports worth $100.982 million.
As reported, in 2018 Ukraine saw its forex earnings from ferrous metal exports rise by 23.8%, to $9.937 billion. Ukraine saw imports of these products increase by 20.4%, to $1.367 billion.
Ukraine experienced a 23.8% rise in metal products exports, up to $1.11 billion. Metal imports grew by 19.9% last year, to $967.674 million.
