Business news from Ukraine

Ukrainian enterprises reduced imports of copper and copper products by 62%

Ukrainian enterprises in January-September this year reduced imports of copper and copper products in value terms by 62% compared to the same period last year – to $47.502 million.
According to customs statistics released by the State Customs Service of Ukraine, exports of copper and copper products over the specified period decreased by 55.5% to $71.226 million.
In September, copper and copper products were imported in the amount of $5.758 million, exported – in the amount of $7.083 million.
In addition, Ukraine in January-September 2022 reduced imports of nickel and products from it by 44.4% compared to January-September 2021 – to $49.3 million (in September – $4.664 million), aluminum and products from it – by 30.8%, to $239.539 million ($32.357 million). At the same time, it reduced the import of lead and products from it by 65.1% – to $2.395 million ($146 thousand). The import of tin and products from it fell by 8% – to $2.789 million ($322 thousand), and the import of zinc and zinc products – by 58.5%, up to $28.225 million ($2.090 million).
Exports of aluminum and products from it for the first nine months of 2022 decreased by 36.4% compared to January-September 2021 – to $75.861 million (in September – $9.406 million), lead and products from it by 67.2% – to $9.370 million ($0.684 million), nickel and products – by 69.2%, to $1.079 million ($0.141 million).
Export of zinc for the reporting period amounted to $1.302 million (no export was carried out in August-September), while in January-September 2021 it was $132 thousand. Export of tin and products in January-September 2022 amounted to $420 thousand (in September – $24 thousand) against $87 thousand for January-September-2021.
As reported, Ukraine in 2021 increased copper imports in value terms by 59% compared to 2020 – up to $183.161 million, exports of copper and copper products over the specified period increased by 2.4 times compared to 2020 – up to $206.390 million.
In 2021, Ukraine also increased the import of nickel and products from it by 45.8% compared to 2020 – up to $119.154 million, aluminum and products from it – by 30.2%, to $511.190 million. At the same time, it reduced the import of lead and products of it by 7.8% – up to $8.512 million, increased imports of tin and products from it by 75.2%, up to $4.977 million, and also increased zinc and zinc products – by 62.9%, up to $93.635 million.
Exports of aluminum and products from it in 2021 increased by 53.9% – to $169.094 million, lead and products from it by 52.8% – to $38.229 million, nickel and products – by 55%, to $4.856 million.
Zinc exports last year amounted to $550 thousand, while in 2020 it was $69 thousand (an increase of eight times). Export of tin and products in 2021 amounted to $346,000 against $117,000 in 2020.

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