Business news from Ukraine

UKRAINE BOOSTS EARNINGS OF IRON ORE EXPORT BY 80%

14 December , 2021  

Ukrainian mining enterprises in January-November this year reduced export of iron ore raw materials (iron ore) in quantity terms by 2.8% compared to the same period last year, to 40.667 million tonnes.
According to the updated statistics released by the State Customs Service, during the specified period, foreign exchange earnings from iron ore exports increased by 78.7%, to $6.63 billion.
Iron ore was exported mainly to China (42.6% of supplies in monetary terms), the Czech Republic (9.61%) and Poland (7.82%).
In January-November 2021, iron ore was imported to Ukraine for $183,000 in a total volume of 1,202 tonnes, while in January-November 2020, some 104 tonnes of iron ore were imported for $58,000.
In January-November 2021, iron ore was imported mainly from Egypt (56.28%), the Netherlands (21.31%) and Poland (7.1%).

, ,