In January-February this year, Ukraine’s metallurgical enterprises reduced their revenues from ferrous metal exports by 19.8% year-on-year to $419.199 million.
According to statistics released by the State Customs Service (SCS) on Tuesday, ferrous metals accounted for 6.67% of total export revenues during this period, compared to 7.67% in January-February 2014.
In February, export revenues amounted to $200.430 million.
At the same time, Ukraine increased imports of similar products by 3% to $228.165 million in January-February 2025. In February, products worth $113.656 million were imported.
In addition, in January-February 2025, Ukraine reduced exports of metal products by 5% to $144.730 million. In February, they were exported for $66.058 million.
Imports of metal products decreased by 4.7% to $137.982 million over the same period. In February, these products were imported for $61.614 million.
As reported earlier, in 2024, Ukrainian steelmakers increased revenues from ferrous metal exports by 16.9% year-on-year to $3 billion 96.343 million. At the same time, Ukraine increased imports of similar products by 13.1% to $1 billion 478.814 million last year. In December, products worth $108.227 million were imported.
In 2023, Ukraine reduced revenues from exports of ferrous metals by 41.6% compared to 2022, to $2 billion 647.72 million, with ferrous metals accounting for 7.3% of total revenues from exports of goods in this period, compared to 10.3% in 2022. At the same time, in 2023, Ukraine increased imports of similar products by 37% to $1 billion 307.05 million.
In addition, in 2023, Ukraine decreased exports of metal products by 16.6% year-on-year to $877.92 million, while imports of metal products increased by 40.3% to $902.57 million.
In January-February of this year, Ukrainian mining companies reduced exports of iron ore in physical terms by 1.2% compared to the same period last year, to 5 million 595.706 thousand tons.
According to the statistics released by the State Customs Service on Tuesday, foreign exchange earnings from iron ore exports decreased by 18.7% to $449.388 million during this period.
Exports of iron ore were carried out mainly to China (46.50% of supplies in monetary terms), Poland (17.35%) and Slovakia (14.31%).
In January-February 2025, Ukraine imported iron ore worth $1 thousand in the amount of 5 tons from Italy.
As reported, in 2024, Ukraine increased its exports of iron ore by 89.8% compared to 2023 – up to 33 million 699.722 thousand tons, while foreign exchange earnings increased by 58.7% to UAH 2 billion 803.223 million.
In 2024, Ukraine imported iron ore for $414 thousand in a total volume of 2,042 thousand tons, while in 2023, 250 tons of this raw material were imported for $135 thousand.
In 2023, Ukraine decreased exports of iron ore in physical terms by 26% compared to 2022 – to 17 million 753.165 thousand tons, foreign exchange earnings from iron ore exports amounted to $1 billion 766.906 million (down 39.3%). In 2023, Ukraine imported iron ore worth $135 thousand in a total volume of 250 tons.
In January-February of this year, Ukrainian mining companies reduced exports of iron ore in physical terms by 1.2% compared to the same period last year, to 5 million 595.706 thousand tons.
According to the statistics released by the State Customs Service on Tuesday, foreign exchange earnings from iron ore exports decreased by 18.7% to $449.388 million during this period.
Exports of iron ore were carried out mainly to China (46.50% of supplies in monetary terms), Poland (17.35%) and Slovakia (14.31%).
In January-February 2025, Ukraine imported iron ore worth $1 thousand in the amount of 5 tons from Italy.
As reported, in 2024, Ukraine increased its exports of iron ore by 89.8% compared to 2023 – up to 33 million 699.722 thousand tons, while foreign exchange earnings increased by 58.7% to UAH 2 billion 803.223 million.
In 2024, Ukraine imported iron ore for $414 thousand in a total volume of 2,042 thousand tons, while in 2023, 250 tons of this raw material were imported for $135 thousand.
In 2023, Ukraine decreased exports of iron ore in physical terms by 26% compared to 2022 – to 17 million 753.165 thousand tons, foreign exchange earnings from iron ore exports amounted to $1 billion 766.906 million
(down 39.3%). In 2023, Ukraine imported iron ore worth $135 thousand in a total volume of 250 tons.
In January-February this year, Ukraine increased exports of ferroalloys in physical terms by 35.5 times compared to the same period last year, up to 19.170 thousand tons from 540 tons.
According to statistics released by the State Customs Service (SCS) on Tuesday, exports of ferroalloys increased 11 times in monetary terms to $19.775 million.
The main exports were to Algeria (32.16% of supplies in monetary terms), Poland (25.61%) and Italy (18.92%).
In addition, Ukraine imported 7.962 thousand tons of these products in 2 months of 2015, a decrease of 53.5% compared to January-February 2014. In monetary terms, imports fell by 49.8% to $14.210 million.
Imports were mainly from Norway (32.25%), Kazakhstan (16.80%) and Armenia (7.62%).
As reported, Pokrovsky Mining and Processing Plant (PGOK, formerly Ordzhonikidze Mining and Processing Plant) and Marganetsky Mining and Processing Plant (MGOK, both in Dnipropetrovska oblast), both part of Privat Group, stopped mining and processing of crude manganese ore in late October and early November 2023, while NFP and ZFP stopped smelting ferroalloys. In the summer of 2024, ferroalloy plants resumed production at a minimal level.
In 2024, Ukraine reduced exports of ferroalloys in physical terms by 4.45 times compared to 2023 – to 77.316 thousand tons from 344.173 thousand tons, while in monetary terms, exports decreased by 3.4 times – to $88.631 million from $297.595 million. The main exports were to Poland (27.40% of supplies in monetary terms), Turkey (21.53%) and Italy (19.82%).
In addition, last year Ukraine imported 82.259 thousand tons of these products compared to 14.203 thousand tons in 2023 (an increase of 5.8 times). In monetary terms, imports increased by 3.3 times to $140.752 million from $42.927 million. Imports were carried out mainly from Poland (32.71%), Norway (19.55%) and Kazakhstan (13.90%).
Prior to the nationalization of the financial institution, PrivatBank organized the business of ZZF, NZF, Stakhanovsky ZF (which is on the NKT), Pokrovske and Marganetske GOKs. Nikopol Ferroalloy Plant is controlled by EastOne Group, established in the fall of 2007 as a result of the restructuring of Interpipe Group, and Privat Group.
In January-February, Ukraine exported $33.534 million worth of dosed or packaged medicines for retail sale.
As reported by the State Customs Service (SCS) on Tuesday, exports of medicines for retail sale to Lithuania amounted to $7.764 million, to Uzbekistan – $6.799 million, and to Iraq – $2.901 million.
At the same time, according to the State Medical Service, imports of packaged/dosed medicines for retail trade amounted to $312.316 million during the same period.
In particular, in January-February, Ukraine imported $60.618 million worth of medicines for retail sale from Germany, $26.157 million from India, and $24.284 million from Turkey.
In January-February this year, Ukraine reduced exports of carbon steel semi-finished products in physical terms by 44.9% year-on-year to 200,696 thousand tons.
According to statistics released by the State Customs Service (SCS) on Tuesday, exports of carbon steel semi-finished products fell by 47% to $92.752 million in monetary terms.
The main exports were made to Bulgaria (40.00% of supplies in monetary terms), Turkey (25.10%) and Egypt (10.78%).
In the period under review, Ukraine imported 2.544 thousand tons of semi-finished products worth $2.043 million from the Czech Republic (94.42%) and Italy (5.58%), with all deliveries occurring in February.
As reported, in 2024, Ukraine increased exports of semi-finished carbon steel products in physical terms by 56.7% compared to 2023 – up to 1 million 886.090 thousand tons, while revenue in monetary terms increased by 52.4% to $927.554 million. The main exports were made to Bulgaria (32.06% of supplies in monetary terms), Egypt (18.50%) and Turkey (11.14%).
In 2024, Ukraine imported 306 tons of semi-finished products worth $278 thousand from the Czech Republic (88.13%), Romania (7.19%), and Poland (2.88%), while in 2023 it imported 96 tons worth $172 thousand.
