Business news from Ukraine

Business news from Ukraine

Ukraine’s ferrous metal exports fell by 6.2% over five months

In January–May 2026, Ukraine’s metallurgical enterprises saw a 6.2% decline in revenue from ferrous metal exports compared to the same period last year—down to $1.184435 billion from $1.262746 billion.

According to statistics released by the State Customs Service, ferrous metals accounted for 6.73% of total export revenue during this period, compared to 7.45% in January–May 2025.

In May 2026, revenues from ferrous metal exports amounted to $291.757 million, compared to $259.544 million in April.

As reported, Ukraine’s metallurgical enterprises increased revenue from ferrous metal exports by 7.85% in 2025 compared to the previous year—to $3.339487 billion. Ferrous metals accounted for 8.25% of total export revenue for the year.

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Imports of ferrous metals increased by 6.6%, metal products — by 13.5%

In January-February of this year, Ukrainian metallurgical companies reduced their revenues from ferrous metal exports by 1% compared to the same period last year, from $419.199 million to $415.095 million.

According to statistics released by the State Customs Service (SCS) on Tuesday, ferrous metals accounted for 6.42% of total export revenues during this period, compared to 6.67% in January-February 2025.

In February 2026, export revenues amounted to $210.235 million, compared to $205.081 million in the previous month.

At the same time, Ukraine increased imports of similar products by 6.6% in January-February 2026, to $243.314 million. In February, products worth $120.588 million were imported.

In addition, in January-February of this year, Ukraine reduced exports of metal products by 25.8% to $107.372 million. In February, exports amounted to $58.786 million.

Imports of metal products during this period increased by 13.5% to $156.610 million. In February, $79.882 million worth of these products were imported.

As reported, in 2025, Ukrainian metal companies increased their revenues from ferrous metal exports by 7.85% compared to the previous year, to $3 billion 339.487 million. Ferrous metals accounted for 8.25% of total export revenues for the year, compared to 7.42% in 2024. At the same time, Ukraine increased imports of similar products by 12.9% in 2025, to $1 billion 669.544 million. In addition, Ukraine reduced exports of metal products by 3% last year, to $916.151 million. Imports of metal products increased by 24.4% over the year, to $1 billion 290.608 million.

In 2024, metal companies increased their revenues from ferrous metal exports by 16.9% compared to 2023, 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.

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Ukraine’s ferrous metal exports rose to $3 bln

In January-November of this year, Ukraine’s metallurgical enterprises increased their revenues from ferrous metal exports by 3.72% compared to the same period last year, to $2 billion 979.392 million.

According to statistics released by the State Customs Service (SCS) on Friday, ferrous metals accounted for 8.08% of total export revenues during this period, compared to 7.48% in January-October 2024.

In November, export revenues amounted to $274.028 million, compared to $312.781 million in the previous month.

At the same time, Ukraine increased imports of similar products by 12.6% to $1 billion 542.449 million in January-November 2025. In November, products worth $107.877 million were imported.

In addition, in January-November 2025, Ukraine reduced exports of metal products by 1.96% to $853.934 million. In November, exports amounted to $79.789 million.

Imports of metal products during this period increased by 21.4% to $1 billion 166.113 million. In November, $119.551 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.

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Ferrous metal exports increased by 1.5% to $2.7 bln

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.

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Imports of ferrous metals to Ukraine increased by 10% to $1.12 bln

In January-August of this year, Ukrainian metallurgical enterprises increased their revenues from ferrous metal exports by 0.8% compared to the same period last year, to $2 billion 84.035 million.

According to statistics released by the State Customs Service (SCS), ferrous metals accounted for 7.89% of total export revenues during this period, compared to 7.49% in January-August 2024.

In August, export revenues amounted to $267.907 million, compared to $277.615 million in the previous month.

At the same time, Ukraine increased imports of similar products by 10.3% in January-August 2025, to $1 billion 116.534 million. In August, products worth $161.463 million were imported.

In addition, in January-August 2025, Ukraine reduced exports of metal products by 3.4% to $621.161 million. In August, $52.311 million worth of these products were exported.

Imports of metal products during this period increased by 11.8% to $779.348 million. In August, $121.141 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, with ferrous metals accounting 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.

 

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Exports of ferrous metals from Ukraine increased by 3.8% to $1.82 bln

In January-July of this year, Ukrainian metallurgical companies increased their revenues from exports of ferrous metals by 3.8% compared to the same period last year, to $1 billion 816.128 million.

According to statistics released by the State Customs Service (SCS) on Tuesday, ferrous metals accounted for 7.79% of total export revenues during this period, compared to 7.73% in January-July 2024.

In July, export revenues amounted to $277.615 million, compared to $275.767 million in the previous month.

At the same time, Ukraine increased imports of similar products by 9.1% to $954.486 million in January-July 2025. In July, products worth $144.918 million were imported.

In addition, in January-July 2025, Ukraine increased exports of metal products by 2.6% to $568.849 million. In July, exports amounted to $57.062 million.

Imports of metal products during this period increased by 7.7% to $658.076 million. In July, these products were imported for $137.568 million.

As reported, in 2024, Ukrainian metal companies increased their revenues from exports of ferrous metals 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 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 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.

 

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