Metallurgical enterprises of Ukraine in January-May of this year reduced revenues from exports of ferrous metals by 60.7% compared to the same period last year – to $ 1 billion 136.465 million.
According to the statistics, promulgated by the State Customs Service (SCC), during this period, ferrous metals accounted for 6.91% of total revenues from the export of goods against 14.8% in January-May 2022.
In May, the proceeds from the export of ferrous metals amounted to $313.168 million, while in the previous month – $239.718 million.
At the same time, Ukraine increased imports of similar products for five months of this year by 46.3% – to $485.619 million. In May, Ukraine imported products for $124.560 million.
In addition, in January-May, Ukraine has practically kept the export of metal products at the level of five months of the previous year – $424.450 million. In May, they exported by $90.854 million.
At the same time, imports of metal products in the first five months of the year rose by 21.4% – to $285.893 million. In May, Ukraine exported these goods for $64.168 million.
As reported, metallurgical enterprises of Ukraine in January-April 2023 decreased export revenues of ferrous metals in 3.2 times compared to the same period last year – up to $ 823.406 million. At the same time, the country increased imports of similar products by 27.4% – to $ 360.802 million. In addition, Ukraine reduced exports of metal products by 0.6% to $334.065 million in January-April, while imports of metal products in the first four months of the year rose by 11.1% – to $221.719 million.
Metal companies in Ukraine in 2022, revenues from exports of ferrous metals decreased by 67.5% compared to 2021 – up to $4 billion 533.088 million – the ferrous metals accounted for 10.26% of total revenues from the export of goods during this period against 20.49% in 2021. At the same time, Ukraine has reduced imports of similar products last year by 38.3% – to $954.387 million.
In addition, in 2022, Ukraine reduced exports of metal products by 18.6% – to $ 1 billion 52.512 million. Imports of metal products for the year fell by 42.9% – to $ 643.162 million.
