Business news from Ukraine

Business news from Ukraine

MAJOR BUYERS OF UKRAINIAN IRON ORE IN JAN-MAY ARE CHINA, CZECH REPUBLIC AND AUSTRIA

23 June , 2021  

Mining enterprises of Ukraine in January-May this year reduced exports of iron ore raw materials (iron ore) in quantity terms by 1.8% compared to the same period last year, to 18.536 million tonnes.
According to statistics released by the State Customs Service on Wednesday, during the specified period, foreign exchange earnings from iron ore exports increased 2.1-fold, to $3.132 billion.
Iron ore was exported mainly to China (45.44% of supplies in monetary terms), the Czech Republic (9.41%) and Austria (8.36%).
In January-May 2021, iron ore was imported to Ukraine for $127,000 in a total volume of 1,130 tonnes, while in January-May 2020, iron ore was imported from the Netherlands for $28,000, from Sweden for $10,000, from Germany for $1,000 and from Hungary $1,000 in the total volume of 84 tonnes.
In January-May 2021, iron ore was imported from Egypt (81.75%), Poland (10.32%) and Chile (2.38%).

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