Business news from Ukraine

Business news from Ukraine

Ukraine reduced imports of nickel ores by 97.4%

16 April , 2023  

Ukraine in January-March this year, Ukraine reduced the import of nickel ores and concentrates in physical terms by 97.4% compared to the same period last year – up to 7,238 thousand tons.
According to statistics released by the State Customs Service (SCS), in monetary terms, imports of nickel ores decreased by 98% to $257,000 during the period.
Imports were from Guatemala (100% of shipments in monetary terms).
In 1Q2023, like in 1Q2022, Ukraine did not export or re-export this commodity.
As Ukrainian News earlier reported, in 2022, Ukraine reduced the imports of nickel ores and concentrates by 71.9% YoY to 346,719 tons. In monetary terms, imports of nickel ores decreased by 73.8% to $15.428 million. Imports were from Guatemala (100% of deliveries in monetary terms).
For 2022, like in 2021, Ukraine did not export or re-export this product.
Ukraine imports nickel ore from Pobuzhsky Ferronickel Plant (PFK, part of Solway Group).
PFC processes about 1.2 million tons of ore per year.

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