Business news from Ukraine

Business news from Ukraine

Ukraine increased exports of pig iron by 23.8%

13 June , 2023  

Ukraine in January-May of this year increased the export of pig iron in physical terms by 23.8% compared to the same period last year – up to 630.349 thousand tons.
According to statistics released by the State Customs Service (SCS), exports of pig iron in monetary terms amounted to $243.888 million for the period.
At that, exports were carried out mainly to Poland (63.76% of deliveries in money terms), Spain (13.39%) and Czech Republic (10.3%).
During these five months, Ukraine imported 37 tons of cast iron worth $52 thousand from Germany (61.54%) and Brazil (38.46%).
As reported, Ukraine in 2022, Ukraine reduced the export of pig iron in volume terms by 59% compared to the previous year – to 1 million 325.275 thousand tons, in monetary terms by 61.1% – to $638.774 million.
In 2022, Ukraine imported 40 tons of cast iron worth $23 thousand, while in 2021 – 185 tons of cast iron worth $226 thousand.
Exports were mainly to the United States (38.47% of supplies in monetary terms), Poland (32.91%) and Turkey (8.12%), and imports were from Germany (100%).

,