Business news from Ukraine

Ukraine increases copper imports by 26.6%, exports by 12%

9 August , 2024  

In January-July this year, Ukrainian companies increased imports of copper and copper products in value terms by 26.6% year-on-year to $85.210 million.
According to customs statistics released by the State Customs Service of Ukraine on Friday, exports of copper and copper products increased by 12% to $49.199 million over the period under review.
In July, copper was imported for $10.103 million and exported for $7.644 million.
In addition, in January-July 2024, Ukraine increased imports of nickel and products by 2 times compared to the same period in 2023 – up to $16.980 million (in July – $4.026 million), aluminum and aluminum products – by 21.8%, up to $250.075 million (in July – $41.276 million).
At the same time, the country reduced imports of lead and lead products by 14.4% to $610 thousand (in July – $50 thousand), imports of tin and tin products increased by 7.8% to $1.536 million (in July – $185 thousand), and increased imports of zinc and zinc products by 35.4% to $33.361 million (in July – $5.011 million).
Exports of aluminum and aluminum products in the first seven months of 2024 increased by 16.8% compared to the same period a year earlier to $64.382 million (in July – $10.207 million), lead and lead products decreased by 27.8% to $6.492 million (in July – $1.089 million), nickel and nickel products amounted to $423 thousand (in July it was absent), while in January-July 2023 it was $126 thousand.
Zinc exports for the first seven months of this year amounted to $120 thousand (in July – $21 thousand), while in January-July 2023 it was $86 thousand. Exports of tin and products amounted to $331 thousand (in July – $150 thousand) against $53 thousand in the same period a year earlier.
As reported, in 2023, Ukraine increased imports of copper and copper products by 2.2 times compared to 2022 – up to $140.795 million, while exports decreased by 20.1% to $72.078 million.
In addition, in 2023, Ukraine decreased imports of nickel and products by 74.2% compared to 2022, to $15.391 million, and increased imports of aluminum and aluminum products by 7.7%, to $366.463 million.
At the same time, it reduced imports of lead and lead products by 65.2% to $989 thousand, imports of tin and tin products by 23% to $2.728 million, but increased imports of zinc and zinc products by 18.8% to $45.966 million.
Exports of aluminum and aluminum products last year increased by 0.7% compared to 2022 to $97.616 million, lead and lead products increased by 23.5% to $14.778 million, and nickel and nickel products amounted to $532 thousand, while in 2022 it was $1.268 million.
In 2023, the company exported $130 thousand worth of zinc, compared to $1.331 million in 2022. Exports of tin and tin products amounted to $159 thousand against $424 thousand in 2022.

, ,