Business news from Ukraine

Business news from Ukraine

Ukraine Increased Ferrous Metal Imports by 6.3% Over 5 Months

13 June , 2026  

In January–May 2026, Ukraine increased its imports of ferrous metals by 6.3% compared to the same period last year, reaching $704.807 million.

According to statistics from the State Customs Service, $194.364 million worth of ferrous metals were imported into Ukraine in May of this year.

The growth in imports against the backdrop of declining export revenues reflects the continued demand in the domestic market for metal products and raw materials, as well as a shift in the structure of foreign trade in metallurgical products.

As reported, by the end of 2025, Ukraine increased its imports of ferrous metals by 12.9%—to $1.669544 billion. In 2024, imports of similar products rose by 13.1%—to $1.478814 billion.

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