In 2025, Ukrainian mining companies reduced exports of iron ore raw materials (IORM) in physical terms by 8% compared to the previous year, from 33 million 699,722 thousand tons to 30 million 995,363 thousand tons.
According to statistics released by the State Customs Service (SCS) on Friday, foreign currency proceeds from iron ore exports decreased by 16.6% during this period, from $2 billion 803.223 million to $2 billion 337.765 million.
Exports of mineral resources were mainly to China (44.98% of shipments in monetary terms), Slovakia (17.15%), and Poland (16.09%).
In addition, in 2025, Ukraine imported $95,000 worth of raw materials, amounting to 130 tons, from the Netherlands (46.32%), Italy (36.84%), and Norway (13.68%), while in the previous year it imported 2,042 tons worth $414,000.
As reported, in 2024, Ukraine increased its exports of raw materials by 89.8% compared to 2023, to 33 million 699.722 thousand tons, and foreign exchange earnings grew by 58.7%, to $2 billion 803.223 million UAH.
In 2024, Ukraine imported mineral resources worth $414,000 in a total volume of 2,042 tons, while in 2023, 250 tons of these raw materials were imported worth $135,000. In 2023, exports of raw materials decreased by 26% in real terms compared to 2022, to 17 million 753,165 tons. Foreign exchange earnings amounted to $1 billion 766,906 million (a decrease of 39.3%). Raw materials worth $135,000 were imported, totaling 250 tons.
