In January-May this year, Ukraine’s metallurgical enterprises increased revenues from ferrous metal exports by 3.62% year-on-year to $1 billion 262.746 million.
According to statistics released by the State Customs Service (SCS) on Friday, ferrous metals accounted for 7.45% of total export revenues during this period, compared to 7.24% in January-May 2024.
In May, export earnings amounted to $267.702 million, while in the previous month it was $266.358 million.
At the same time, Ukraine increased imports of similar products by 10.1% to $663.150 million in January-May 2025. In May, products worth $159.463 million were imported.
In addition, in January-May 2025, Ukraine increased exports of metal products by 6.1% to $427.902 million. In May, they were exported for $97.382 million.
Imports of metal products decreased by 2.3% to $413.680 million over the same period. In May, these products were imported for $86.712 million.
As reported earlier, in 2024, Ukraine’s steelmaking companies increased revenues from ferrous metal exports by 16.9% year-on-year to $3 billion 96.343 million. At the same time, Ukraine increased imports of similar products by 13.1% last year to $1 billion 478.814 million.
In 2023, Ukraine reduced revenues from exports of ferrous metals by 41.6% compared to 2022, to $2 billion 647.72 million, with ferrous metals accounting for 7.3% of total revenues from exports of goods during this period, while in 2022 the share was 10.3%. At the same time, in 2023, Ukraine increased imports of similar products by 37% to $1 billion 307.05 million.
In addition, in 2023, Ukraine decreased exports of metal products by 16.6% year-on-year to $877.92 million. At the same time, imports of metal products increased by 40.3% to $902.57 million during this period.
