Business news from Ukraine

Ukraine reduces export of ferroalloys by 27.2%

19 July , 2022  

Ukraine in January-June of this year reduced the export of ferroalloys in quantity terms by 27.2% compared to the same period last year, to 232,596 tonnes.
According to statistics published by the State Customs Service, in monetary terms, exports of ferroalloys increased by 2%, to $420.518 million.
At the same time, the main export was to Poland (55.83% of supplies in monetary terms), the Netherlands (9.72%) and Romania (7.05%).
In addition, during this period, Ukraine imported 14,941 tonnes of these products, which is 45.7% less compared to January-June 2021. In monetary terms, imports decreased by 26.1% to $54.361 million.
Import was carried out mainly from Norway (30.23%), China (16.77%) and Brazil (16.24%).

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