Business news from Ukraine

UKRAINE INCREASES EXPORTS OF CAST IRON IN KIND BY 16.9% IN 2016

11 January , 2017  

KYIV. Jan 11 (Interfax-Ukraine) – Ukraine in 2016 increased cast iron exports in kind by 16.9%, compared to the same period in 2015, to 2.54 million tonnes.

According to customs statistics, made public by the State Fiscal Service of Ukraine, exports of cast iron in monetary terms grew by 7.9% during this period, to $551.215 million.

Exports were mainly made to the United States (29.61% of supply in terms of money), Turkey (27.41%), and Italy (25.76%).

In 2016 Ukraine imported 1,755 tonnes of cast iron worth $661,000, whereas in 2015 it imported 3,431 tonnes of similar products for $1.177 million. Imports were mainly made from Russia (75.45% of deliveries in monetary terms), Germany (16.69%) and Italy (4.58%).

Ukraine in 2015 decreased cast iron exports in kind by 1.7%, to 2.172 million tonnes and by 36.4% in money terms, to $510.644 million.

Cast iron was mainly exported to Italy (30.63%), Turkey (25.11%) and the United States (19.9%).

Ukraine last year imported 3,431 tonnes of cast iron (53.6% down year-over-year). In money terms imports decreased by 60.6%, to $1.177 million.

Cast iron was mainly imported from Russia (88.03%) and Germany (9.59%).