Metallurgical enterprises of Ukraine in January-April this year reduced revenues from ferrous metals exports by 3.2 times compared to the same period last year – to $823.406m.
According to the statistics released by the State Customs Service (SCS), during this period, ferrous metals accounted for 6.18% of total revenues from the export of goods against 15.65% in January-April 2022.
In April, proceeds from exports of ferrous metals amounted to $239.718 million, while in the previous month – $226.613 million.
At the same time for four months of this year, Ukraine increased imports of similar products by 27.4% – to $360.802 million. In April, $100.221 million worth of products were imported.
In addition, in January-April, Ukraine reduced exports of metal products by 0.6% – to $334.065 million. In April, they exported by $90.859 million.
At the same time, imports of metal products in the first four months of the year increased by 11.1% – to $221.719 million. In April, Ukraine exported these products at $47.423 million.
As reported, metallurgical enterprises of Ukraine in the first quarter of 2023 decreased export revenues of ferrous metals in four times compared to the same period of 2022 – to $ 583.689 million from $ 264.56 million. During this period, the country increased imports of similar products by 4.5% – to $ 260.487 million.
In addition, in January-March, Ukraine reduced exports of metal products by 9.6% to $243.726 million and imports by 30.1% to $174.191 million.
Ukraine’s metal companies in 2022 decreased revenues from exports of ferrous metals by 67.5% compared to 2021 – up to $4 billion 533.088 million – 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.
