Ukrainian mining companies have increased exports of iron ore in physical terms by 2.1 times year-on-year to 23 million 318.681 thousand tons this year.
According to the statistics released by the State Customs Service on Friday, foreign exchange earnings from iron ore exports increased by 72.1% to $2 billion 32.671 million in the period under review.
Iron ore was exported mainly to China (36.39% of supplies in monetary terms), Slovakia (17.04%) and Poland (16.94%).
In January-August 2024, Ukraine imported iron ore worth $223 thousand in the total volume of 794 tons, while in January-August 2023 it imported iron ore worth $81 thousand in the total volume of 118 tons. Imports this year were carried out from the Netherlands (31.70%), Poland (28.57%) and Norway (18.75%).
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.
