In 2024, Ukrainian mining companies increased exports of iron ore in physical terms by 89.8% year-on-year to 33 million 699.722 thousand tons.
According to the statistics released by the State Customs Service, foreign exchange earnings from iron ore exports increased by 58.7% to $2 billion 803.223 million in the period under review.
Exports of iron ore were carried out mainly to China (36.47% of supplies in monetary terms), Poland (17.27%) and Slovakia (17.15%).
In 2024, Ukraine imported iron ore for $414 thousand in a total volume of 2,042 thousand tons, while in 2023, 250 tons of this raw material were imported for $135 thousand. Imports in 2024 were carried out from Poland (49.64%), the Netherlands (22.89%) and Norway (13.49%).
As reported, in 2023, Ukraine decreased exports of iron ore in physical terms by 26% compared to 2022 – to 17 million 753.165 thousand tons, foreign exchange earnings from iron ore exports amounted to $1 billion 766.906 million (down 39.3%). Iron ore was exported mainly to Slovakia (28.39% of supplies in monetary terms), the Czech Republic (19.74%) and Poland (19.56%).
Last year, Ukraine imported iron ore worth $135 thousand in the total amount of 250 tons. During this period, imports were made from Norway (34.81%), Italy (28.89%) and the Netherlands (28.89%). While in 2022, iron ore was imported for $65 thousand in a total volume of 101 tons.
