In 2023, Ukraine decreased ferrous metals exports revenue by 41.59% YoY, to $2.647 billion.
According to the State Customs Service, ferrous metals accounted for 7% of the exports, down from 10.26% in 2022.
In December 2023, revenue grew to $214.531 million from $174.38 million in November 2023.
At the same time, ferrous metals imports in 2023 increased by 37%, to $1.3 billion, with $107.367 million imported in December 2023.
Moreover, last year Ukraine decreased metal wares exports by 16.6%, to $877.918 million ($56.08 million in December 2023). Imports increased by 40.3%, to $902.565 million ($74.186 million in December 2023). (Ukrainian metal)