Business news from Ukraine

UKRAINE CUTS IMPORTS OF COPPER BY 16%

11 February , 2020  

Ukrainian enterprises increased imports of copper and copper products in terms of money by 16.2% in January 2020 compared with similar period of 2019, to $6.888 million.
Exports of copper and copper products decreased 37.6% over the year to $3.919 million, according to customs statistics released by the State Fiscal Service of Ukraine.
In December, copper and copper products were imported to the tune of $9.995 million, and copper exports were estimated at $6.831 million.
In addition, in January 2020, Ukraine decreased imports of nickel and products made of it by 13.7%, to $7.974 million (imports in December were estimated at $5.429 million), while imports of aluminum and products made of it increased 17.2%, to $27.399 million ($32.729 million). Imports of lead and products made of it decreased by 50.5%, to $0.532 million ($1.07 million) and imports of tin and products made of it increased 35.7%, to $0.152 million ($0.353 million). Imports of zinc and zinc goods increased 15.2%, to $4.231 million ($6.805 million).
Exports of aluminum and products made of it increased 8.18% in January 2020, to $7.16 million ($7.422 million in December alone), while shipments of lead abroad increased 79.7%, to $2.507 million ($1.98 million). Exports of nickel fell by 8.6%, to $0.16 million ($0.272 million in December).
Zinc exports in January 2020 amounted to $0.003 million, while in January 2019 it was $39,000 ($0.001 million in December). Exports of tin and products made of it in January 2020 were estimated at $0.015 million ($0.008 million in December) compared to $0.003 million in January 2019.

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