Metallurgical enterprises of Ukraine in January-August this year reduced revenues from the export of ferrous metals by 58% compared to the same period last year – to $3 billion 724.478 million from $8 billion 917.510 million.
According to statistics released by the State Customs Service (SCS), ferrous metals accounted for 12.86% of total merchandise export earnings over this period compared to 21.34% in January-August 2021.
In August, proceeds from the export of ferrous metals amounted to $234.658 million.
At the same time, in January-August of this year, Ukraine reduced imports of similar products by 37.8%, to $558.954 million. In August, it was imported for $85.439 million.
In addition, during the specified period, Ukraine reduced the export of metal products by 8.9% – to $703.130 million. In August, they were delivered for $70.961 million.
Imports of metal products in January-August decreased by 40.3% – to $413.181 million (in August – $61.941 million).
As reported, Ukraine in 2021 increased foreign exchange earnings from exports of ferrous metals by 81.4% compared to 2020, to $13 billion 951.117 million. Ferrous metals accounted for 20.49% of total revenues from exports of goods over this period against 15 .63% for 2020.
At the same time, Ukraine increased imports of similar products by 48.8% in 2021, to $1 billion 547.477 million.
In addition, Ukraine in 2021 increased the export of metal products by 43% – up to $1 billion 293.199 million.
Imports of metal products over the past year increased by 28% – up to $1 billion 125.908 million.
