Business news from Ukraine

Business news from Ukraine

Ukraine increased copper imports by 33.4%, reduced exports by 5.4%

13 July , 2024  

In January-June this year, Ukrainian companies increased imports of copper and copper products in value terms by 33.4% year-on-year to $75.101 million.
According to customs statistics released by the State Customs Service of Ukraine on Tuesday, exports of copper and copper products increased by 5.4% to $41.555 million over the period under review.
In June, Ukraine imported copper worth $10.114 million and exported it worth $8.658 million.
In addition, in January-June 2024, Ukraine increased imports of nickel and products by 68.3% compared to the same period in 2023 to $12.954 million (in June – $1.880 million), aluminum and aluminum products by 24.1% to $208.745 million (in June – $36.852 million).
At the same time, it reduced imports of lead and lead products by 3.9% to $560 thousand (in June – $137 thousand), imports of tin and tin products increased by 19.5% to $1,350 million (in June – $330 thousand), and increased imports of zinc and zinc products by 37.4% to $28,340 million (in June – $5,110 million).
Exports of aluminum and aluminum products in the first six months of 2024 increased by 12.8% compared to the same period a year earlier to $54.175 million (in June – $10.383 million), lead and lead products decreased by 30.8% to $5.404 million (in June – $1.070 million), nickel and nickel products amounted to $422 thousand (in June – $180 thousand), while in January-June 2023 it was $125 thousand.
Zinc exports for the first six months of this year amounted to $98 thousand (in June – $14 thousand), while in January-June 2023 it was $72 thousand. Exports of tin and products amounted to $181 thousand (in June – $35 thousand) against $52 thousand in the same period a year earlier.
As reported, in 2023, Ukraine increased imports of copper and copper products by 2.2 times compared to 2022 – up to $140.795 million, while exports decreased by 20.1% to $72.078 million.
In addition, in 2023, Ukraine decreased imports of nickel and products by 74.2% compared to 2022, to $15.391 million, and increased imports of aluminum and aluminum products by 7.7%, to $366.463 million.
At the same time, it reduced imports of lead and lead products by 65.2% to $989 thousand, imports of tin and tin products by 23% to $2.728 million, but increased imports of zinc and zinc products by 18.8% to $45.966 million.
Exports of aluminum and aluminum products last year increased by 0.7% compared to 2022 to $97.616 million, lead and lead products increased by 23.5% to $14.778 million, and nickel and nickel products amounted to $532 thousand, while in 2022 it was $1.268 million.
In 2023, the company exported $130 thousand worth of zinc, compared to $1.331 million in 2022. Exports of tin and tin products amounted to $159 thousand against $424 thousand in 2022.

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