In January 2025, Ukraine reduced imports of nickel and nickel products by 66% compared to the same period in 2024, to $1.216 million. In December 2024, this figure was $3.058 million. Nickel exports in January 2025 amounted to $33 thousand, while in December it was $17 thousand. In 2024, Ukraine exported nickel worth $532 thousand.
Nickel is used to produce stainless steel and for nickel plating. Nickel is also used in the production of batteries, powder metallurgy, and chemicals.