Business news from Ukraine

UKRAINE CUTS COPPER EXPORT BY 18%

9 September , 2020  

Ukrainian enterprises reduced the import of copper and copper products in value terms by 6.1% in January-August 2020 compared to the same period in 2019, to $70.577 million.
According to customs statistics released by the State Customs Service of Ukraine, export of copper and copper products decreased 18.1%, to $47.687 million in the first eight months of 2020.
In August, copper and copper products were imported in the tune of $12.224 million, exported to the tune of $7.759 million.
In addition, Ukraine in January-August reduced the import of nickel and nickel products by 19.2% compared to the same period in 2019, to $47.1 million (in August amounted to $4.321 million), aluminum and aluminum products by 5%, to $248.561 million ($37.751 million). At the same time, the import of lead and lead products decreased 51.1%, to $4.358 million ($779,000), tin and tin products decreased 39.6%, to $1.421 million ($107,000), zinc and zinc products decreased by 35.6%, to $31.493 million ($3.791 million).
In January-August 2020, export of aluminum and aluminum products decreased 4.2% compared with January-August 2019, to $66.746 million (in August amounted to $8.302 million), lead and lead products fell by 9.6%, to $15.225 million ($2.256 million), nickel and nickel products decreased by 52%, to $1.67 million ($147,000). Zinc exports in January-August 2020 amounted to $56,000, while in the same period of 2019 amounted to $416,000 (in August no zinc was exported). The export of tin and tin products in January-August 2020 amounted to $90,000, while in the same period of 2019 amounted to $30,000 (the export amounted to $6,000 in August).

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