Ukraine in January-June of this year reduced the export of ferroalloys in quantity terms by 27.2% compared to the same period last year, to 232,596 tonnes.
According to statistics published by the State Customs Service, in monetary terms, exports of ferroalloys increased by 2%, to $420.518 million.
At the same time, the main export was to Poland (55.83% of supplies in monetary terms), the Netherlands (9.72%) and Romania (7.05%).
In addition, during this period, Ukraine imported 14,941 tonnes of these products, which is 45.7% less compared to January-June 2021. In monetary terms, imports decreased by 26.1% to $54.361 million.
Import was carried out mainly from Norway (30.23%), China (16.77%) and Brazil (16.24%).
Ukrainian enterprises in January-June of this year reduced the export of ferrous scrap by 8 times compared to the same period last year – to 28.74 thousand tons.
According to statistics released by the State Customs Service (SCS), in monetary terms, the export of scrap metal over this period decreased by 6.8 times – to $12.24 million.
At the same time, 6 months the country reduced the import of scrap metal in physical terms by 8.1 times – up to 1.55 thousand tons. In monetary terms, the import of scrap decreased 6.8 times to $3.28 million.
The import of scrap metal in January-June was carried out mainly from Turkey (78.89% of deliveries in monetary terms), the Russian Federation (14.09%) and Cyprus (5.4%); export – to Turkey (61.35%), Poland (12.49%) and Germany (9.45%).
In addition, in January-June 2022, Ukrainian steel enterprises did not import products of direct reduction of iron from ore under code 7203 – hot briquetted iron (HBI), which is a substitute for pig iron and scrap metal, but exported 258 tons of this product to India (100%) in the amount of $48 thousand
As reported, Ukraine in 2021 increased the export of scrap metal by 17.2 times compared to the previous year – up to 615.69 thousand tons. In monetary terms, the export of scrap metal increased 25.2 times – up to $238.90 million.
In 2021, the country reduced the import of scrap metal in physical terms by 13.1% to 22.96 thousand tons. In monetary terms, the import of scrap increased by 72.4% to $44.88 million.
The import of scrap metal in 2021 was carried out mainly from Turkey (60.42% of deliveries in monetary terms), the Russian Federation (33.44%) and Belarus (1.57%); export – to Turkey (84.85%), Romania (6.66%) and Poland (3.45%).
In addition, Ukrainian steel enterprises in 2021 imported from the Russian Federation 1.60 thousand tons of products of direct reduction of iron from ore under code 7203 – hot briquetted iron (HBI), which is a substitute for pig iron and scrap metal, in the amount of $653 thousand, while in 2020 – 2.65 thousand tons for $805 thousand. At the same time, the export of these products to India amounted to 288 tons for $91 thousand.
Ukraine reduced iron ore exports 24.2% year-on-year in H1 2022 to 17.011 million tonnes, the State Customs Service said.
The imports fell 44.8% in value to $2.159 billion.
Most of the exports were to Slovakia – 18.68% in value, followed by China – 17.55% and Poland – 14.65%.
Ukraine imported 13 tonnes of iron ore commodities for $24,000 in H1 2022, compared with 1,133 tonnes for $129,000 in H1 2021. Most of the imports in H1 2022 came from the UK – 84.62%, followed by Russia and Italy at 7.69% each.
Iron ore exports fell 4.2% in 2021 to 44.358 million tonnes but rose 62.8% in value to $6.9 billion. Most of the exports went to China – 41.90% in value, the Czech Republic- 9.65% and Poland – 7.99%.
Ukraine imported 1,202 tonnes of iron ore in 2021 for $184,000 and 123,000 tonnes in 2020 for $75,000. Last year’s imports came from Egypt – 55.98%, the Netherlands – 21.2% and Poland – 7.07%.
In the first half of 2022, the State Customs Service allowed 56.9 million tonnes of goods (excluding pipeline transport) to be exported through the customs border of Ukraine, which is 44.5% less than in the first half of last year (101.1 million tonnes).
According to service’s website, the import of goods to Ukraine fell even more by 58.3%, to 17.8 million tonnes (from 42.7 million tonnes).
During the reporting period, pipelines moved 19.9 million tonnes, which is almost a third less than in the first half of 2021 (29.5 million tonnes).
The main reason for the drop in tonnage is the war and seaports blocked by Russia: the number of sea vessels allowed by the State Customs Service in January-June decreased by 64.3%, to 2,700 (from 7,600).
According to the ministry, the number of railway cars passed through the customs border of Ukraine in the first half of 2022 amounted to 800,300, which is 32% less than in the first half of 2021.
At the same time, the number of river vessels increased by 54.4%, from 6,800 to 10,500, and vehicles – by 9.8%, to 3.635 million.
The number of registered vehicles for import in the first half of the year amounted to 2.2 million, for export – 2.3 million, which almost corresponds to last year’s figures – 2.3 million each.
The State Customs Service also noted that the monetary turnover in the first half of 2022 decreased by 21%, to $48.03 billion, including exports by 24%, to $22.73 billion, and imports by 19%, to $25.3 billion.
At the same time, trade with the EU increased by 1%, to UAH 25.06 billion, including exports by 13%, to $13.41 billion, while imports decreased by 10%, to $11.65 billion.
In January-June 2022, Ukraine increased its revenue from electricity exports by 1.6 times (by $61.76 million) compared to the same period in 2021, to $169.998 million, according to the State Customs Service.
According to Interfax-Ukraine estimates, over six months electricity was supplied to Slovakia for $48.968 million, Poland for $46.649 million, Hungary for $40.408 million, and other countries for $33.973 million.
In June this year, electricity export revenue amounted to $18.579 million compared to $30.263 million in June 2021.
In addition, Ukraine in January-June 2022 imported electricity for $102.115 million versus $58.598 million for the same period last year. In particular, from Belarus for $100.414 million, Slovakia for $0.873 million, Romania for $0.491 million, and other countries for $0.337 million.
In June this year, Ukraine imported electricity for $0.001 million versus $1.943 million in June 2021.
Foreign exchange earnings from the export of agricultural products from Ukraine from March to May, during the three months of the war with the Russian Federation, are approximately comparable to the export figures for one pre-war month, Minister of Agricultural Policy of Ukraine Mykola Solsky said in an interview with AgroPolit.
According to him, in January 2022, Ukraine exported agricultural products worth $3.14 billion, in February – $2.54 billion, in March – $0.84 billion, in April – $0.9 billion, and in May – $1.21 billion.
“We see that foreign exchange earnings from the agro-industrial complex during the war fell threefold … That is, in March-May, agricultural exports amounted to $ 2.95 billion, while this was the traditional amount for one month (before the full-scale invasion of the Russian Federation – IF-U)”, Solsky emphasized.
As reported with reference to the Deputy Minister of Economy – Trade Representative of Ukraine Taras Kachka, Ukraine in the 2021/2022 marketing year (MY) exported 61.52 million tons of grain and oilseeds worth $22.2 billion.
According to him, wheat exports amounted to 18.7 million tons worth $4.8 billion, corn – 23.54 million tons worth $5.8 billion, barley – 5.74 million tons worth $1.3 billion.
Kachka added that the export of 4.3 million tons of sunflower oil brought $5.8 billion, 3.4 million tons of sunflower meal – $960 million tons and 421 thousand tons of soybean meal – $230 million.
According to him, 1.1 million tons of soybeans for $641 million, 2.7 million tons of rapeseed for $1.7 billion and 1.09 million tons of sunflower seeds for $616 million were also exported.
AGRO-INDUSTRIAL COMPLEX, EARNINGS, EXPORT, FOREIGN EXCHANGE, PRODUCTS
