Business news from Ukraine

Business news from Ukraine

UKRAINE INCREASES FX EARNINGS FROM EXPORTS OF FERROUS METALS IN JAN

11 February , 2021  

Metallurgical enterprises of Ukraine in January this year increased receipts from exports of ferrous metals by 4.5% compared to the same period last year, to $745.530 million.

According to updated statistics released by the State Customs Service on Tuesday, ferrous metals for this period accounted for 18.98% of total revenues from exports of goods versus 17.16% in the first month of last year.

In December, revenues from exports of ferrous metals amounted to $714.503 million.

At the same time, in January this year, Ukraine reduced imports of similar products by 10.6%, to $57.732 million. In December, this figure was $87.321 million.

In addition, in January 2021, Ukraine cut exports of metal products by 0.5%, to $63.522 million. In December, metal products for $84.921 million were delivered.

During this period, imports of metal products decreased 6.6%, to $52.909 million. In December, metal products for $82.833 million were imported.