Revenues from Ferrous Metals Export Up 49% Since the Beginning of the Year

Wednesday, June 2, 2021
1 MIN
Revenues from Ferrous Metals Export Up 49% Since the Beginning of the Year

Metallurgical enterprises of Ukraine in January-May 2021 increased revenues from exports of ferrous metals by 49.1% compared to the same period last year — up to $4.92 billion

Metallurgical enterprises of Ukraine in January-May 2021 increased revenues from exports of ferrous metals by 49.1% compared to the same period last year — up to $4.92 billion.

According to statistics from the State Customs Service in May, revenues from exports of ferrous metals amounted to $1.19 billion, Interfax-Ukraine reported.


Meanwhile, Ukraine increased imports of similar products in January-May this year by 16.3%, to $440 million, while in May the figure was $115.04 million.

As reported, metallurgical enterprises of Ukraine in 2020 reduced export revenues from ferrous metals by 12% compared to the previous year — up to $7 billion 690.38 million. At the same time, Ukraine in 2020 has reduced imports of similar products by 17% — to $1.04 billion.In addition, Ukraine in 2020 has reduced exports of metal products by 13.2% — to $904.53 million. During the year, imports of metal products decreased by 20% — to $879.69 million.In addition, Ukraine in January-May 2021 increased exports of metal products by 18.9% — up to $421.03 million. In May, they were delivered for $99.21 million.

During this period, imports of steel products increased by 22.2% — to $383.15 million. In May, they were imported by $93.12 million

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