Mining enterprises of Ukraine in January-March this year increased exports of iron ore raw materials (iron ore) in physical terms by 2.5 times compared to the same period last year – up to 9 million 4,370 thousand tons.
According to statistics released by the State Customs Service (SCS), foreign currency earnings from iron ore exports increased by 2.1 times to $863.315 million for the period.
Exports of iron ore were mainly to China (43.02% of shipments in monetary terms), Slovakia (17.02%) and Poland (12.41%).
In the first three months of 2024 Ukraine imported $67 thousand worth of iron ore in the total volume of 245 tons, while in January-March 2023 it imported $22 thousand worth of iron ore in the total volume of 36 tons. Imports were made from the Netherlands (31.82%), Norway (19.70%) and Italy (18.18%).
As reported, Ukraine in 2023 reduced exports of iron ore in physical terms by 26% compared to 2022 – to 17 million 753.165 thousand tons, foreign currency earnings from iron ore exports amounted to $1 billion 766.906 million (down 39.3%). Exports of iron ore were mainly exported to Slovakia (28.39% of shipments in monetary terms), the Czech Republic (19.74%) and Poland (19.56%).
Last year Ukraine imported iron ore products worth $135 thousand in the total volume of 250 tons. Imports for this period were made from Norway (34.81%), Italy (28.89%) and the Netherlands (28.89%). Whereas in 2022, $65 thousand worth of iron ore was imported in a total volume of 101 tons.
Ukraine in 2022 decreased its iron ore exports in physical terms by 45.9% compared to 2021 – to 23 million 984.623 thousand tons, while foreign currency earnings decreased by 57.8% – to $2 billion 912.974 million. The iron ore exports were mainly to Slovakia (19.23% of shipments in monetary terms), Czech Republic (17.32%) and Poland (16.49%).
In 2022, Ukraine imported iron ore products worth $65 thousand in the total volume of 101 tons, while in 2021 – $184 thousand in the volume of 1,202 tons. Imports were made from Norway (36.92%), the Netherlands (27.69%) and the UK (16.92%).
