In January-March of the current year, Ukraine’s mining enterprises reduced the export of iron ore raw materials (IORMs) in physical terms by 5.7% compared to the same period last year, to 8,492,479 thousand tons. During this period, foreign currency earnings from IORMs exports decreased by 20.3%, to $687.788 million.

IORMs exports were mainly directed to China (46.46% of shipments in monetary terms), Poland (16.05%), and Slovakia (16.14%). In January-March 2025, Ukraine imported IORMs worth $24,000, totaling 43 tons, from Norway (54.17%) and Italy (45.83%), while in the same period last year, it imported 245 tons worth $67,000.

In 2024, Ukraine increased IORMs exports by 89.8% compared to 2023, to 33,699,722 thousand tons, with foreign currency earnings increasing by 58.7%, to $2,803.223 million. In 2024, Ukraine imported IORMs worth $414,000, reaching 2,042 thousand tons, while in 2023, it imported 250 tons worth $135,000.

In 2023, Ukraine reduced IORMs exports in physical terms by 26% compared to 2022, to 17,753,165 thousand tons, with foreign currency earnings from IORMs exports reaching $1,766.906 million (a decrease of 39.3%). In 2023, Ukraine imported IORMs worth $135,000, reaching 250 tons.

Reference source: http://surl.li/5ibaoveui6