Ukraine’s revenue from ferrous metal exports in July 2026 totaled $199.9 million, down approximately 31.9% from June’s $293.6 million, according to the Experts Club Information and Analytical Center.
This calculation is based on data from the State Customs Service of Ukraine.
The July dynamics significantly worsened the industry’s results for the seven-month period. Overall, in January–July, foreign currency revenue from exports of ferrous metals decreased by 7.6% year-on-year to $1.678 billion.
At the same time, Ukraine imported $176.4 million worth of ferrous metals in July. Thus, the monthly gap between exports and imports of these products narrowed to approximately $23.5 million.
Exports of metal products generated another $71.4 million in July, while imports of these products amounted to $106.3 million. Consequently, imports of metal products directly exceeded exports by almost $35 million in July.
In total, exports of ferrous metals and metal products amounted to approximately $271.3 million in July, while imports reached around $282.6 million.
Thus, if these two groups are considered together, Ukraine effectively recorded a small negative trade balance of approximately $11 million in July, although the balance for the entire seven-month period remains positive so far.
For comparison, in 2025 Ukraine received $3.339 billion from exports of ferrous metals and $916.2 million from exports of metal products.
The sharp decline in July requires further monitoring: data for a single month alone do not yet make it possible to determine whether this marks the beginning of a sustained deterioration in export conditions or a short-term fluctuation in supplies.
