Business news from Ukraine

Business news from Ukraine

Manganese ore exports fell by 31%, but rose sharply in August–October

In January–October this year, Ukraine reduced manganese ore exports by 30.8% compared to the same period last year, to 13,732 thousand tons, but in August–October, it stepped up deliveries.

According to statistics released by the State Customs Service (SCS), while deliveries in the first seven months of 2025 amounted to 2,977 thousand tons, exports more than doubled in August, when 5,037 thousand tons were exported, 1,725 thousand tons in September, and 3,993 thousand tons in October.

In monetary terms, exports for the ten months of 2025 fell by 17.4% compared to the same period in 2024, to $2.214 million. At the same time, the main exports were to Slovakia (98.74% of shipments in monetary terms) and Poland (1.26%).

There were no imports of manganese ore during this period.

As reported, in January 2024, Ukraine exported 44,903 thousand tons of manganese ore worth $6.563 million to the US, ending a two-year hiatus in exports to foreign markets. In February-December 2024, there were no exports of manganese ore.

At the same time, for the whole of 2024, the country imported 84,293 thousand tons worth $18.302 million from Ghana (98.85%), Brazil (0.99%), and Belgium (0.11%). There were no imports in October-November.

Ukraine did not export manganese ore in 2022 and 2023, and in 2021, it exported 770 tons worth $89 thousand.

In addition, it was reported that the Pokrovsky Mining and Processing Plant (PGZK, formerly Ordzhonikidze Mining and Processing Plant) and the Marganetsky Mining and Processing Plant (MGZK, both in Dnipropetrovsk region), which are part of the Privat Group, stopped mining and processing raw manganese ore in late October-early November 2023, while NZF and ZZF stopped smelting ferroalloys. In the summer of 2024, ferroalloy plants resumed production at a minimum level.

PGZK and MGZK did not produce any products in 2024, while in 2023, PGZK produced 160.31 thousand tons of manganese concentrate, and MGZK was idle.

In Ukraine, manganese ore is mined and enriched by the Pokrovsky and Marganetsky mining and enrichment plants.

The consumers of manganese ore are ferroalloy enterprises.

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Exports of titanium ores from Ukraine fell by 95% to 277 tons

In January-October of this year, Ukraine reduced exports of titanium-containing ores and concentrates in physical terms by 95.2% compared to the same period last year, to 277 tons.

According to statistics released by the State Customs Service (SCS) on Wednesday, exports of titanium-containing ores and concentrates fell by 94.7% in monetary terms, to $496,000. The main exports were to Uzbekistan (35.61% of shipments in monetary terms), Turkey (35.01%), and Egypt (29.38%).

In addition, Ukraine imported 78 tons of titanium-containing ore worth $117,000 from China (98.29%, deliveries took place in January) and Kazakhstan (1.71%, deliveries took place in May) in the first 10 months of 2025.

During this period, Ukraine exported 2,466 tons of niobium, tantalum, vanadium, and zirconium ores and concentrates worth $3.954 million to Spain (48.90%), Germany (24.53%), and Italy (17.19%). At the same time, the country imported 417 tons of such ores worth $1.068 million from Spain (72.38%), the Czech Republic (12.73%), and China (12.45%).

As reported, in 2024, Ukraine reduced its exports of titanium-containing ores in physical terms by 37.5% compared to the previous year, to 7,284 thousand tons. In monetary terms, exports of titanium-containing ores and concentrate decreased by 40% to $11.654 million. The main exports were to Turkey (62.82% of supplies in monetary terms), Egypt (7.38%), and Poland (6.93%).

Last year, Ukraine imported 314 tons of titanium-containing ore worth $492 thousand from China (87.78%), Vietnam (6.11%), and Senegal (also 6.11%).

At the same time, experts pointed out the inconsistency of statistics on exports of titanium-containing ores. However, in response to a request from Interfax-Ukraine, the State Customs Service (SFS) of Ukraine stated that complete data on the export of titanium raw materials is not provided due to restrictions on the volume of export and import operations with military and dual-use goods, which are reflected in aggregate form under “Other goods.” They explained that, in particular, deliveries of titanium-containing ores from companies differ from the SCS data.

“We would like to inform you that these deliveries are included in the statistical exports from Ukraine, but are not reflected in the foreign trade statistics published by the State Customs Service (…) under commodity item UKTZED 2614 ”Titanium ores and concentrates” in view of the following (…) In accordance with the provisions (…), when protecting data for confidentiality purposes, any information considered confidential is reported in full at the next, higher level of product data aggregation,” the State Customs Service explained in its response to the agency.

It was clarified that information on customs clearance and movement across the customs border of Ukraine of goods subject to export control is included in the list of information containing official information in the SSU, in accordance with the relevant order.

In Ukraine, titanium-containing ores are currently mined mainly by PJSC “United Mining and Chemical Company” (UMCC), which manages the Vilnohirsk Mining and Metallurgical Plant (VGMK, Dnipropetrovsk region) and the Irshansk Mining and Processing Plant (IGZK, Zhytomyr region), as well as LLC “Mezhirichensky GZK” and LLC “Valky-Ilmenite” (both LLCs are located in Irshansk, Zhytomyr region). In addition, the production and commercial firm Velta (Dnipro) built a mining and processing plant at the Birzulivskyi deposit with a capacity of 240,000 tons of ilmenite concentrate per year.

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Aluminum imports increased by 15%, exports by 21%

In January-October 2025, Ukraine increased imports of aluminum and aluminum products by 14.8% to $432.08 million, while exports grew by 21.4% to $128.14 million.

In October, aluminum imports amounted to $42.85 million, and exports amounted to $15.71 million.

For comparison, in 2024, aluminum imports increased by 21.7% to $446 million, and in 2023, by 7.7% to $366 million.

Aluminum is widely used as a structural material. The main advantages of aluminum are its lightness, malleability, corrosion resistance, high thermal conductivity, and the non-toxicity of its compounds.

In particular, these properties have made aluminum extremely popular in the production of kitchenware, aluminum foil in the food industry, and for packaging. The first three properties have made aluminum the main raw material in the aviation and aerospace industries (recently, it has been replaced by composite materials, primarily carbon fiber). After construction and packaging production—aluminum cans and foil—the largest consumer of metal is the energy industry.

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Copper imports to Ukraine increased by 27%, exports by 15%

In January-October 2025, Ukraine increased imports of copper and copper products by 27.4% compared to the same period last year, to $148.05 million.

Copper exports during this period increased by 15.1%, reaching $84.02 million, according to the State Customs Service.

In October, imports amounted to $14.46 million, while exports amounted to $12.91 million.

For comparison: in 2024, copper imports remained almost unchanged at $140.8 million, while exports increased by 22.4% to $88.24 million.

Copper is widely used in electrical engineering, in the production of pipes, in the creation of alloys, in medicine, and in other industries.

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Scrap exports from Ukraine increased by 52% — over 345,000 tons in ten months

In January-October 2025, Ukrainian companies increased exports of ferrous metal scrap by 52.1% compared to the same period last year — to 345,197 tons from 226,970 tons.

According to statistics released by the State Customs Service (SCS) on Wednesday, 33,357 tons were exported in October, 28,785 tons in September, 34,713 tons in August, 44,842 thousand tons in July, a record 47,691 thousand tons in June, 28.6 thousand tons in May, 46,321 thousand tons in April, 39,908 thousand tons in March, in February – 25,284 thousand tons, in January – 15,696 thousand tons of scrap.

In monetary terms, scrap exports in January-October increased by 43.4% – to $103.052 million from $71.862 million.

During this period, scrap exports were formally carried out mainly to Poland (81.08% of shipments in monetary terms), Greece (6.19%), and Italy (5.47%).

In the first 10 months of this year, Ukraine imported 34 tons of scrap worth $13,000 from Poland (53.85%), the Seychelles (30.77%), and the British Virgin Islands (7.69%).

As reported, due to the sharp increase in exports of strategic raw materials from Ukraine, the Ministry of Economy initiated the introduction of a licensing and quota regime for scrap exports with a zero quota. A public discussion of the draft resolution is currently underway. Its implementation is expected to contribute to the smooth operation of Ukraine’s metallurgical and foundry industries, as well as to stabilize the situation with regard to meeting the demand for scrap on the domestic market of Ukraine.

In 2024, Ukraine’s scrap collection companies increased their exports of ferrous metal scrap by 60.7% compared to 2023, from 182,465 thousand tons to 293,190 thousand tons. In monetary terms, scrap exports for the year increased by 73.2% to $91.311 million from $52.723 million.

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Exports of iron ore raw materials from Ukraine fell by 4.4% over 10 months

In January-October of this year, Ukrainian mining companies reduced exports of iron ore raw materials (IORM) in physical terms by 4.41% compared to the same period last year, from 27 million 790.352 thousand tons to 26 million 565.296 thousand tons.

According to statistics released by the State Customs Service (SCS) on Wednesday, foreign currency proceeds from iron ore exports decreased by 14.3% during this period, from $2 billion 341.865 million to $2 billion 7.246 million.

Exports of raw materials were mainly to China (44.49% of shipments in monetary terms), Slovakia (16.97%), and Poland (16.78%).

In addition, in January-October 2025, Ukraine imported mineral resources worth $86,000 in the amount of 118 tons from the Netherlands (51.16%), Italy (33.72%), and Norway (15.12%), while in the same period last year it imported 835 tons worth $261,000.

As reported, in 2024, Ukraine increased its exports of raw materials by 89.8% compared to 2023, to 33 million 699.722 thousand tons, and foreign exchange earnings grew by 58.7%, to $2 billion 803.223 million UAH.

In 2024, Ukraine imported mineral resources worth $414,000 in a total volume of 2,042 tons, while in 2023, 250 tons of these raw materials were imported worth $135,000. In 2023, exports of raw materials decreased by 26% in real terms compared to 2022, to 17 million 753,165 thousand tons. Foreign exchange earnings amounted to $1 billion 766,906 million (a decrease of 39.3%). A total of 250 tons of raw materials were imported for $135,000.

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