Business news from Ukraine

Business news from Ukraine

UKRAINE BOOSTS EXPORTS OF IRON ORE

15 August , 2019  

Ukraine’s ore mining enterprises increased exports of iron ore and raw materials (IORM) in physical terms by 8.5% in January-July 2019 year-on-year, to 23.311 million tonnes. Export of IORM for the mentioned period in monetary terms grew by 28.9%, up to $2.92 billion, according to a customs statistics report posted by State Fiscal Service of Ukraine.
The bulk of iron ore was exported to China (27.07% of total imports in monetary terms), Poland (13.69%), and Czech Republic (10.52%).
In January-July 2019, Ukraine imported 108 tonnes of IORM worth $56,000 from the Netherlands(51.79% in monetary terms), Great Britain (39.29%) and Czech Republic (3.57%).

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