Metallurgical enterprises of Ukraine in January-July this year reduced revenues from the export of ferrous metals by 2.16 times compared to the same period last year – to $3 billion 490.360 million from $7 billion 537.902 million.
According to statistics released by the State Customs Service (SCS), ferrous metals accounted for 13.61% of total merchandise export earnings over this period compared to 21.23% in January-July 2021.
In July, proceeds from the export of ferrous metals amounted to $266.620 million.
At the same time, in January-July this year, Ukraine reduced imports of similar products by 33.3%, to $473.488 million. In July, it was imported for $80.368 million.
In addition, during the specified period, Ukraine reduced the export of metal products by 6.3% – to $632.629 million. In July, they were delivered for $81.933 million.
Imports of metal products in January-July decreased by 40.6% – to $351.238 million (in July – $67.335 million).
As reported, Ukraine in 2021 increased foreign exchange earnings from exports of ferrous metals by 81.4% compared to 2020, to $13 billion 951.117 million. Ferrous metals accounted for 20.49% of total revenues from exports of goods over this period against 15 .63% for 2020.
At the same time, Ukraine increased imports of similar products by 48.8% in 2021, to $1 billion 547.477 million.
In addition, Ukraine in 2021 increased the export of metal products by 43% – up to $1 billion 293.199 million.
Imports of metal products over the past year increased by 28% – up to $1 billion 125.908 million.
