Business news from Ukraine

Business news from Ukraine

Ukraine has reduced imports of coke by 63%

10 August , 2023  

Ukraine in January-July this year reduced imports of coke and semi-coke in physical terms by 63% compared to the same period last year – to 116.485 thousand tons.

According to statistics released by the State Customs Service (SCS), coke imports in monetary terms for this period decreased by 64.1% to $55.411m.

Ukraine did not export coke in January-March this year, as it did in December of the previous year. In April, 668 tons were delivered, in May and June there were no exports, in June exports resumed, total for 7M-2023 was exported 1.352 thousand tons, which is lower than the same period last year by 63.4%.

In monetary terms, it decreased by 66.2%, to $334 thousand. Exports were made to Moldova (100% of shipments in monetary terms), imports were mainly from Poland (93.87%), Colombia (3.70%) and Hungary (1.49%).

As reported, Ukraine in 2022 reduced exports of coke and semi-coke in physical terms by 98% year-on-year to 3.856 thousand tons, in monetary terms by 97.6% to $1.011 million. The main exports were to Hungary (42.63% of supplies in monetary terms), Georgia (37.69%) and Turkey (17.41%).

Ukraine imported 359.192 thousand tons of coke and semi-coke in 2022, which is 54.5% less compared to 2021. In monetary terms, imports decreased by 50.3% to $174.499 million. Imports were mainly from Russia (43.43% of supplies in monetary terms, before the war), Poland (30.07%) and the Czech Republic (13.15%).

As a result of the war, a number of mines and coke plants are located in territories temporarily outside of Ukraine’s control.

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