Business news from Ukraine

MAIN BUYERS OF UKRAINIAN IRON ORE ARE CHINA, POLAND AND CZECH REPUBLIC

11 June , 2020  

Mining enterprises of Ukraine in January-May 2020 increased the export of iron ore raw materials in natural units by 11.9% compared to the same period of 2019, to 18.875 million tonnes.
According to statistics released by the State Customs Service, foreign exchange earnings from iron ore raw materials exports increased by 5.7%, to $1.51 billion over that period.
Iron ore raw materials were exported mainly to China (58.06% of supplies in monetary terms), Poland (10.07%) and the Czech Republic (6.87%).
Iron ore raw materials imported to Ukraine from the Netherlands to Ukraine amounted to $28,000, from Sweden, to some $10,000, from Germany to some $1,000 and from Hungary to some $1,000 in a total volume of 84 tonnes over two months of 2020, while 45 tonnes of iron ore with cost of $24,000 were imported in January-May 2019.

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