Business news from Ukraine

UKRAINE INCREASES EXPORTS OF CAST IRON BY 22.4% IN JAN-MAY

7 June , 2016  

KYIV. June 7 (Interfax-Ukraine) – Ukraine in January-May 2016 increased cast iron exports in kind by 22.4%, compared to the same period in 2015, to 842,529 tonnes.

According to customs statistics, made public by the State Fiscal Service of Ukraine, exports of cast iron in monetary terms fell by 19.8% during this period, to $152.847 million.

Exports were mainly made to Turkey (32.84% of supply in terms of money), the United States (24.06%), and Italy (23.9%).

In January-May 2016 Ukraine imported 736 tonnes of cast iron worth $247,000, whereas in January-May 2015 it imported 2,683 tonnes of similar products for $903,000. Imports were mainly made from Russia (60.08% of deliveries in monetary terms), Germany (25.81%) and Italy (11.29%).

Ukraine in 2015 decreased cast iron exports in kind by 1.7%, to 2.172 million tonnes and by 36.4% in money terms, to $510.644 million.

Cast iron was mainly exported to Italy (30.63%), Turkey (25.11%) and the United States (19.9%).

Ukraine last year imported 3,431 tonnes of cast iron (53.6% down year-over-year). In money terms imports decreased by 60.6%, to $1.177 million.

Cast iron was mainly imported from Russia (88.03%) and Germany (9.59%).