According to the results of August 2023, Ukrainian mining companies increased the export of iron ore by 12,7% compared to July 2023 - to 1,53 million tons. In monetary terms, the export of iron ore increased by 2,7% m/m in a month – up to 144,3 million US dollars.

In comparison with August 2022, in August this year, the export of iron ore increased by 6,2%, and the revenue from exports reduced by 16,2%.

During January-August 2023, domestic mining companies shipped 11,2 million tons of iron ore worth 1,18 billion US dollars for export. Shipment volumes reduced by 44% compared to January-August 2022, and revenue reduced by 53,3%. /p.

According to the results of January-August 2023, Slovakia consumed the most Ukrainian ore - 29,8%. The Czech Republic is in second place with 23,5%, and Poland is in third place with 20,1%. Before the start of the war in Ukraine, the main consumer of Ukrainian iron ore was China, but due to the blockade of Ukrainian ports, the delivery of raw materials to the People's Republic of China became uncompetitive.

Reference source: https://bit.ly/3EwA4FW