In January-October 2024, Ukraine increased imports of nickel and products by 77.8% compared to the same period in 2023 to $22.109 million (in October – $2.891 million).
In addition, in 2023, Ukraine decreased imports of nickel and products by 74.2% compared to 2022, to $15.391 million.
Exports of nickel and products for ten months of 2024 amounted to $572 thousand (in October – $64 thousand), while in January-October 2023 it was $257 thousand.
In 2023, exports of nickel and nickel products amounted to $532 thousand, while in 2022 they amounted to $1.268 million.
Nickel is used to make stainless steel and for nickel plating. Nickel is also used in the production of batteries, in powder metallurgy, and in chemicals.