Business news from Ukraine

Ukraine increased copper imports in 2023 by 2.2 times

Ukrainian companies in 2023 increased imports of copper and copper products in value terms by 2.2 times compared to 2022 – up to $140.795 million.
According to customs statistics released by the State Customs Service of Ukraine, exports of copper and copper products for this period decreased by 20.1% to $72.078 million.
In December, $20.856m worth of copper was imported and $6.906m was exported.
As reported, Ukrainian companies in 2022 reduced imports of copper and copper products in value terms by 64.3% year-on-year to $65.370 million, while their exports decreased by 56.3% to $90.245 million.

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Ukraine reduced copper imports by 4% and exports by 40%

Ukrainian companies in January-February this year, imports of copper and copper products in value terms decreased by 3.8% compared to the same period last year – up to $ 17.466 million.
According to customs statistics, released by the State Customs Service of Ukraine on Thursday, the export of copper and copper products for the period decreased by 39.7% – to $ 14.150 million.
In February, imported copper at $ 11.096 million, exported – to $ 7.743 million.
In addition, Ukraine in January-February 2023, imports of nickel and its products decreased by 95.3% compared to the same period in 2022 – to $ 1.156 million (in February – $ 844 thousand), aluminum and aluminum products – by 81.6%, to $ 14.373 million (in February – 7.596 million). At the same time, the imports of lead and lead products decreased by 89.9% to $204 thousand (in February – $173 thousand), while imports of tin and tin products dropped by 8.5% to $544 thousand (in February – $371 thousand) and zinc and zinc products – by 72.6% to $4.117 million (in February – $1.879 million).
Exports of aluminum and its products for the first two months of 2023 increased by 2.4 times to $53.512 million (in February – $26.983 million) compared to the same period last year, lead and lead products decreased by 50.4% – to $3.023 million (in February – $1.391 million) and nickel and products – $92 thousand (in February – $89 thousand), whereas in January-February 2022 it was $875 thousand.
Zinc exports during two months of the current year amounted $24 thsd. (in February – $23 thsd.), while in January-February 2022 it was $402 thsd. Tin exports and products totaled $18 thsd. (in February – $1 thsd.) against $33 thsd. in the same period last year.
As reported, the Ukrainian enterprises in 2022, imports of copper and copper products in value terms reduced by 64.3% compared to the previous year – up to $ 65.370 million, their exports decreased by 56.3% – to $ 90.245 million.
In addition, Ukraine has reduced imports of nickel and its products in 2022 by 49.9% compared to 2021 – up to $59.754 million, aluminum and its products – by 33.4% to $ 340.398 million, while the imports of lead and its products decreased by 66.6% – to $ 2.839 million.
Imports of tin and tin products fell by 33.5% to $3.312 million, while imports of zinc and zinc products decreased by 58.7% to $38.690 million.
Exports of aluminum and aluminum products for 2022 were down 42.7% from 2021, to $96.972 million, lead and lead products were down 68.7%, to $11.970 million, and nickel and nickel products were down 73.9%, to $1.268 million.
Zinc exports for 2022 were $1.331 million, up from $550,000 in 2021. Tin and products exports for 2022 were $424,000, up from $346,000 the previous year.

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