In January-November this year, Ukrainian mining companies increased exports of iron ore by 87.4% in physical terms compared to the same period last year, to 30 million 250,394 thousand tons.
According to the statistics released by the State Customs Service on Monday, foreign exchange earnings from iron ore exports increased by 55.8% to $2 billion 530.162 million during this period.
Exports of iron ore were carried out mainly to China (34.61% of supplies in monetary terms), Poland (17.68%) and Slovakia (17.07%).
In January-November 2024, Ukraine imported iron ore for $409 thousand in a total volume of 2.031 thousand tons, while in January-November 2023, 244 tons of this raw material were imported for $131 thousand. This year, imports were carried out from Poland (50.37%), the Netherlands (23.23%) and Norway (13.69%).
As reported, in 2023, Ukraine decreased exports of iron ore in physical terms by 26% compared to 2022 – to 17 million 753.165 thousand tons, foreign exchange earnings from iron ore exports amounted to $1 billion 766.906 million (down 39.3%). Iron ore was exported mainly to Slovakia (28.39% of supplies in monetary terms), the Czech Republic (19.74%) and Poland (19.56%).
Last year, Ukraine imported iron ore worth $135 thousand in the total amount of 250 tons. During this period, imports were made from Norway (34.81%), Italy (28.89%) and the Netherlands (28.89%). While in 2022, iron ore was imported for $65 thousand in a total volume of 101 tons.
