Business news from Ukraine

Business news from Ukraine

UKRAINE CUTS COPPER IMPORTS BY 40%

11 February , 2021  

Ukrainian enterprises reduced imports of copper and copper products in monetary terms by 40.3% in January 2021 compared to January 2020, to $9.666 million.

According to customs statistics published by the State Customs Service of Ukraine on Tuesday, exports of copper and copper products grew 3.2-fold, to $12.394 million in January 2021.

In addition, in January 2021, Ukraine reduced imports of nickel and nickel products by 17.5% compared to January 2020, to $6.576 million, aluminum and aluminum products by 7.6%, to $25.317 million. At the same time, the import of lead and lead products grew by 47.7%, to $786,000, tin and tin products remained unchanged at $152,000, the import of zinc and zinc products rose by 66.5%, to $7.043 million.

Exports of aluminum and aluminum products in January 2021 increased 41.8% compared to January 2020, to $10.51 million, lead and lead products grew by 21%, to $3.033 million, nickel and nickel products decreased by 8.1%, to $147,000. Zinc exports in January 2021 amounted to $1,000, while in January 2020 it was $39,000. Exports of tin and tin products in January 2021 amounted to $1,000, while in January 2020 it was $3,000.