Business news from Ukraine

Business news from Ukraine

In January-June, Ukraine reduced imports of lead and tin, but increased imports of zinc

According to customs statistics released by the State Customs Service of Ukraine, Ukraine reduced imports of lead and lead products by 71.8% to $583 thousand ($86 thousand), imports of tin and tin products by 39.3% to $1.130 million ($176 thousand), but increased imports of zinc and zinc products by 1.7% to $20.628 million ($4.708 million).
Zinc was shipped abroad for $72 thousand ($14 thousand in June) in six months, compared with $1.302 million in January-June-2022. Exports of tin and products amounted to $52 thousand ($3 thousand in June) against $392 thousand in the comparable reporting period last year.
Ukraine reduced imports of lead and lead products by 66.6% to $2.839 million.
Imports of tin and tin products fell by 33.5% to $3.312 million, and imports of zinc and zinc products decreased by 58.7% to $38.690 million.
Zinc exports for 2022 totaled $1.331 million, compared to $550 thousand in 2021. Exports of tin and tin products totaled $424 thousand in 2022, compared to $346 thousand the previous year.

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In January-June 2023, Ukraine strongly reduced nickel imports, but increased aluminum imports

Ukraine in the first six months of 2023 reduced imports of nickel and nickel products by 4.4 times compared to the same period of 2022 – to $7.699 million ($1.355 million in June), aluminum and aluminum products increased by 25.9% to $168.234 million ($31.461 million).
Exports of aluminum and aluminum products in January-June this year decreased by 0.9% year-on-year to $48.032 million ($8.297 million in June), lead and lead products decreased by 5.7% to $7.806 million ($1.121 million), nickel and nickel products totaled $125,000 ($18,000), compared to $1.266 million in the first half of 2022.
According to customs statistics released by the State Customs Service of Ukraine, Ukraine in 2022 reduced imports of nickel and nickel products by 49.9% compared to 2021 – to $59.754 million, aluminum and aluminum products – by 33.4%, to $340.398 million.
Exports of aluminum and aluminum products for 2022 decreased 42.7% from 2021 to $96.972 million, lead and lead products decreased 68.7% to $11.970 million, and nickel and nickel products decreased 73.9% to $1.268 million.

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Ukrainian enterprises in January-June 2023 doubled copper imports

Ukrainian enterprises in January-June this year increased imports of copper and copper products in value terms by 97.1% compared to the same period last year – up to $56.288 million.
According to customs statistics released by the State Customs Service of Ukraine, exports of copper and copper products for the period decreased by 26.3% to $39.433 million.
In June, $8.672m worth of copper was imported and $5.732m worth of copper was exported.
As reported, Ukrainian companies in 2022 reduced imports of copper and copper products in value terms by 64.3% year-on-year to $65.370 million, while their exports decreased by 56.3% to $90.245 million.

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Energy imports to Ukraine in 2021-2022

Energy imports to Ukraine in 2021-2022

Source: Open4Business.com.ua and experts.news

Imports of energy autonomy equipment, mln USD

Imports of energy autonomy equipment, mln USD

Source: Open4Business.com.ua and experts.news

Import changes in % to previous period in 2022-2023

Import changes in % to previous period in 2022-2023

Source: Open4Business.com.ua and experts.news