In January-February of this year, Ukrainian metallurgical companies reduced their revenues from ferrous metal exports by 1% compared to the same period last year, from $419.20 million to $415.10 million.
According to statistics released by the State Customs Service (SCS) on Tuesday, ferrous metals accounted for 6.42% of total export revenues during this period, compared to 6.67% in January-February 2025.
In February 2026, export revenues amounted to $210.24 million, compared to $205.08 million in the previous month.
At the same time, Ukraine increased imports of similar products by 6.6% in January-February 2026, to $243.31 million, including $120.59 million worth of products imported in February.
In addition, in January-February 2026, Ukraine reduced exports of metal products by 25.8% to $107.37 million, with $58.79 million exported in February.
Imports of metal products during this period increased by 13.5% to $156.61 million, of which $79.88 million was imported in February.
As reported, Ukrainian metal companies increased their revenues from ferrous metal exports by 7.85% in 2025 compared to the previous year, to $3 billion 339.49 million. Ferrous metals accounted for 8.25% of total export revenues for the year, compared to 7.42% in 2024. At the same time, Ukraine increased imports of similar products by 12.9% in 2025, to $1 billion 669.54 million. In addition, last year Ukraine reduced exports of metal products by 3%, to $916.15 million. Imports of metal products increased by 24.4% over the year, to $1 billion 290.61 million.
In 2024, metal companies increased their revenues from ferrous metal exports by 16.9% compared to the previous year, to $3 billion 96.34 million. At the same time, Ukraine increased imports of similar products by 13.1%, to $1 billion 478.81 million.
In 2023, Ukraine reduced its revenues from ferrous metal exports by 41.6% compared to 2022, to $2 billion 647.72 million, with ferrous metals accounting for 7.3% of total revenues from goods exports, while in 2022 the share was 10.3%. At the same time, Ukraine increased imports of similar products by 37% in 2023, to $1 billion 307.05 million. In addition, in the same year, Ukraine reduced exports of metal products by 16.6% compared to the previous year, to $877.92 million. At the same time, imports of metal products increased by 40.3%, to $902.57 million.
