Business news from Ukraine

Business news from Ukraine

Bauxite imports to Ukraine increased by 87% in January-August

In January-August of this year, Ukraine increased its imports of aluminum ore and concentrate (bauxite) by 87.1% in physical terms compared to the same period last year, to 23,984 thousand tons.

According to statistics released by the State Customs Service (SCS), during this period, bauxite imports in monetary terms increased by 63.7% to $2.642 million.

At the same time, imports were mainly from Turkey (82.44% of supplies in monetary terms) and China (17.56%).

Ukraine did not re-export bauxite in 2025, as in 2024 and 2023.

As reported, in 2024, Ukraine increased its imports of bauxite in physical terms by 77.4% compared to 2023, to 35,173 thousand tons, and in monetary terms by 74%, to $4.107 million. Imports were mainly from Turkey (78.48% of supplies in monetary terms), China (19.48%), and Spain (1.9%).

In 2023, Ukraine imported 19,830 thousand tons of bauxite worth $2.360 million.

In 2022, Ukraine reduced imports of aluminum ores and concentrates (bauxite) in physical terms by 81.5% compared to the previous year, to 945,396 thousand tons. Bauxite imports in monetary terms decreased by 79.6% to $48.166 million. Imports were mainly from Guinea (58.90% of supplies in monetary terms), Brazil (27.19%), and Ghana (7.48%).

Bauxite is an aluminum ore used as a raw material for producing alumina, which is then used to produce aluminum. It is also used as a flux in ferrous metallurgy.

Bauxite is imported into Ukraine by the Mykolaiv Alumina Plant (MAP).

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Ukraine reduced zinc imports by 3%, exports increased 4 times

In January-August 2025, imports of zinc and zinc products decreased by 3% to $37.093 million (in August – $3.889 million).

Zinc exports during this period increased to $888,000, which is more than four times higher than in the same period of 2024 ($201,000).

Pure zinc metal is used to recover precious metals, protect steel from corrosion, and for other purposes.

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Aluminum imports increased by 18%, exports by almost 20%

In January-August 2025, Ukraine increased imports of aluminum and aluminum products by 17.6% to $344.293 million (in August – $44.034 million).

Aluminum exports increased by 19.2% to $98.922 million (in August – $13.215 million).

Aluminum is widely used as a structural material. The main advantages of aluminum are its lightness, malleability, corrosion resistance, high thermal conductivity, and the non-toxicity of its compounds.

In particular, these properties have made aluminum extremely popular in the manufacture of kitchen utensils, aluminum foil in the food industry, and for packaging. The first three properties have made aluminum the main raw material in the aviation and aerospace industries (recently, it has been replaced by composite materials, primarily carbon fiber). After construction and packaging production—aluminum cans and foil—the largest consumer of metal is the energy industry.

 

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Ukraine reduced nickel imports by 22% in January-August

In the first eight months of 2025, imports of nickel and nickel products fell by 22% to $14.515 million (in August – $2.069 million).

Nickel exports during this period amounted to $746,000, compared to $508,000 a year earlier; there were no deliveries in August.

Nickel is used in the production of stainless steel and for nickel plating. Nickel is also used in the production of batteries, in powder metallurgy, and in chemical reagents.

 

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Copper imports to Ukraine increased by 32% in 8 months, exports – by 6%

In January-August 2025, Ukraine increased imports of copper and copper products by 32.2% year-on-year – to $122.747 million.

Exports during this period increased by 5.7% to $61.542 million.

In August, imports amounted to $12.759 million, while exports amounted to $6.105 million.

Copper is widely used in electrical engineering, in the manufacture of pipes, in the creation of alloys, in medicine, and in other industries.

 

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Imports of ferrous metals to Ukraine increased by 10% to $1.12 bln

In January-August of this year, Ukrainian metallurgical enterprises increased their revenues from ferrous metal exports by 0.8% compared to the same period last year, to $2 billion 84.035 million.

According to statistics released by the State Customs Service (SCS), ferrous metals accounted for 7.89% of total export revenues during this period, compared to 7.49% in January-August 2024.

In August, export revenues amounted to $267.907 million, compared to $277.615 million in the previous month.

At the same time, Ukraine increased imports of similar products by 10.3% in January-August 2025, to $1 billion 116.534 million. In August, products worth $161.463 million were imported.

In addition, in January-August 2025, Ukraine reduced exports of metal products by 3.4% to $621.161 million. In August, $52.311 million worth of these products were exported.

Imports of metal products during this period increased by 11.8% to $779.348 million. In August, $121.141 million worth of these products were imported.

As reported, in 2024, Ukrainian metal companies increased their revenues from ferrous metal exports by 16.9% compared to the previous year, to $3 billion 96.343 million. At the same time, Ukraine increased imports of similar products by 13.1% over the past year, to $1 billion 478.814 million.

In 2023, Ukraine reduced its revenues from ferrous metal exports by 41.6% compared to 2022, to $2 billion 647.72 million, with ferrous metals accounting for 7.3% of total revenues from goods exports during this period, while in 2022, the share was 10.3%. At the same time, Ukraine increased imports of similar products by 37% in 2023, to $1 billion 307.05 million.

In addition, in 2023, Ukraine reduced exports of metal products by 16.6% compared to 2022, to $877.92 million. At the same time, imports of metal products increased by 40.3%, to $902.57 million.

 

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