In January-October of this year, Ukrainian metallurgical companies increased their revenues from ferrous metal exports by 1.5% compared to the same period last year, to $2 billion 705.363 million.
According to statistics released by the State Customs Service (SCS) on Wednesday, ferrous metals accounted for 8.12% of total export revenues during this period, compared to 7.68% in January-October 2024.
In October, export revenues amounted to $312.781 million, compared to $308.547 million in the previous month.
At the same time, Ukraine increased imports of similar products by 14.5% in January-October 2025, to $1 billion 433.839 million. In October, products worth $136.266 million were imported.
In addition, in January-October 2025, Ukraine reduced exports of metal products by 3.1% to $774.144 million. In October, exports amounted to $81.836 million.
Imports of metal products during this period increased by 16.4% to $1 billion 46.223 million. In October, $145.558 million worth of these products were imported.
As reported, in 2024, Ukrainian metal companies increased their revenues from ferrous metal exports by 16.9% compared to the previous year, to $3 billion 96.343 million. At the same time, Ukraine increased imports of similar products by 13.1% over the past year, to $1 billion 478.814 million.
In 2023, Ukraine reduced its revenues from ferrous metal exports by 41.6% compared to 2022, to $2 billion 647.72 million. Ferrous metals accounted for 7.3% of total revenues from goods exports during this period, while in 2022, the share was 10.3%. At the same time, Ukraine increased imports of similar products by 37% in 2023, to $1 billion 307.05 million.
In addition, in 2023, Ukraine reduced exports of metal products by 16.6% compared to 2022, to $877.92 million. At the same time, imports of metal products increased by 40.3%, to $902.57 million.
According to the results of January-October 2025, Poland, Turkey, and Germany remain Ukraine’s largest export destinations. The volume of supplies to Poland amounted to $4.2 billion, to Turkey – $2.2 billion, to Germany – $2.0 billion, according to the State Customs Service.
Food products lead the export structure with $18.2 billion, metals and metal products with $3.9 billion, and machinery, equipment, and transport with $3.1 billion. UAH 950.7 million was paid to the budget for the clearance of goods subject to export duties.
According to the State Customs Service, total exports for 10 months decreased by 4.05% to $33.2 billion.
Ukraine exported 3.2 million tons of grains and oilseeds in the first four months of the 2025-2026 marketing year (MY, July-June), according to the Ukrainian Grain Association on Facebook.
According to the infographic, exports were most active in August (3.3 million tons) and October (3.21 million tons). At the same time, exports in October exceeded September figures (2.4 million tons) by 32%.
Wheat sales peaked in August at 2.048 million tons, which is 36.5% more than in October (1.5 million tons). Barley exports were also most active in August (324,000 tons), which is 36.1% more than in September (238,000 tons) and 62% more than in October (200,000 tons).
Corn exports, on the other hand, picked up in October and reached 1.094 million tons, significantly more than the September figure of 61 thousand tons and the August figure of 230 thousand tons.
Foreign trade in soybeans also picked up in October – 230 thousand tons, compared to 78 thousand tons in September and 208 thousand tons in August this year.
Rapeseed exports were most active in August – 519 thousand tons, while in September and October, 220 thousand tons and 177 thousand tons were delivered to foreign markets, respectively.
Rapeseed exports from Ukraine in October will not exceed 135-140 thousand tons, compared to 535 thousand tons last year (-73.8%). As of October 28, 125 thousand tons have already been exported, according to the analytical cooperative “Pusk,” created within the framework of the All-Ukrainian Agrarian Council (VAR).
“Exports are moving very slowly—everything is hampered by duties. It is they that have effectively stopped the normal work of exporters,” analysts noted.
At the same time, they noted that domestic processing volumes are growing.
“In September, we processed more than 100,000 tons of rapeseed, and in October, the figure will be no less. Against the backdrop of problems with sunflower, rapeseed is currently supporting the sector. Rapeseed prices in ports are quoted in the range of EUR 540-545/ton. At the same time, processors offer from UAH 25,000/ton and above,” analysts noted.
The European market is showing positive price dynamics.
“Over the past week, rapeseed exchange quotations have risen by EUR 10. January-February is traditionally expected to be the period of highest prices for this oilseed crop,” added Pusk.
In January-September 2025, Ukrainian enterprises increased exports of ferrous metal scrap by 54.1% compared to the same period last year, from 202,421 thousand tons to 311,840 thousand tons.
According to statistics released by the State Customs Service (SCS), 28,785 thousand tons were exported in September, 34,713 thousand tons in August, 44,842 thousand tons in July, and a record 47, 691 thousand tons, in May – 28.6 thousand tons, in April – 46.321 thousand tons, in March – 39.908 thousand tons, in February – 25.284 thousand tons, and in January – 15.696 thousand tons of scrap metal.
In monetary terms, scrap exports in January-September increased by 44.6% to $93.571 million from $64.703 million.
During this period, scrap exports were formally carried out mainly to Poland (81.95% of shipments in monetary terms), Greece (5.92%), and Italy (4.50%).
In the first nine 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, Environment and Agriculture 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.
In January-September of this year, Ukraine reduced exports of semi-finished carbon steel products in physical terms by 38.5% compared to the same period last year, to 941,511 thousand tons.
According to statistics released by the State Customs Service (SCS), in monetary terms, exports of carbon steel semi-finished products fell by 40.7% to $450.242 million.
The main exports were mainly to Bulgaria (36.68% of supplies in monetary terms), Turkey (16.78%), and Poland (13.70%).
During the period in question, Ukraine imported 80,635 thousand tons of semi-finished products worth $59.445 million, mainly from Oman (37.26%), Germany (22.19%), and India (16.31%), while in the first nine months of 2024, it imported 5 tons of semi-finished products worth $5 thousand.
As reported, in 2024, Ukraine increased its exports of semi-finished carbon steel products in physical terms by 56.7% compared to 2023, to 1 million 886,090 tons, while revenue in monetary terms increased by 52.4% to $927.554 million. The main exports were 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.
