Business news from Ukraine

UKRAINE RAISES UP REVENUE FROM IRON ORE EXPORTS

5 January , 2022  

Mining enterprises of Ukraine in 2021, according to operational data, increased the export of iron ore in monetary terms by 62.91% compared to the previous year, to $6.91 billion.
According to preliminary summarized statistics released by the State Customs Service on Tuesday, iron ore exports in December amounted to $276.18 million, while in November it was $312.75 million, October it was $371.09 million, September $472.96 million, August $777.958 million, and July $782.04 million.
As reported, in 2020 Ukraine increased iron ore exports by 16% compared to the previous year, to 46.293 million tonnes, while foreign exchange earnings from iron ore exports grew by 24.7%, to $4.239 billion.
In 2020, iron ore was imported to Ukraine for $75,000 in a total volume of 123 tonnes, while in 2019 it was 14,245 tonnes for $1.412 million.

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