In March, Ukraine exported goods worth more than $3.6 billion, which is 4.5% more than in March last year and 18% more than in February this year. According to preliminary data, in the first quarter of 2025, exports of goods reached almost $9.9 billion. This was announced by Taras Kachka, Deputy Minister of Economy and Trade Representative of Ukraine.

Despite the decline in exports in the first two months of the year, we managed to achieve positive dynamics in March. A significant increase in exports in March compared to February this year was made possible by an increase in supplies of agricultural products, iron ore and steel products. Thus, exports of pig iron increased by more than 13.4 times (by $110 million) compared to February. In March, exports of sunflower seeds increased 11.5 times (by $15.9 million), while supplies of sunflower meal increased by 80.3% (by $35.8 million) and sunflower oil by 39.2% (by $141.6 million). This helped to increase physical export volumes to 9.98 million tonnes, up 15.9% compared to February this year. In March, exports by sea increased by 24.7% in monetary terms and by 17% in weight compared to February this year. Exports by rail increased by 16.8% in monetary terms and by 15.1% in weight.

According to preliminary data, exports of goods since the beginning of the year have reached almost $9.9 billion.

In March, Ukraine exported the following commodities by value: сorn ($514.4 million or 2.4 million tonnes), sunflower, safflower, or cottonseed oil ($503 million or 441,000 tonnes), wheat ($253.9 million or 1.1 million tonnes), iron ore and concentrates ($238.4 million or 2.9 million tonnes), soya beans ($150.2 million or 369,200 tonnes), insulated wires ($124.6 million or 6,500 tonnes), cast iron ($118.9 million or 300,900 tonnes).

Ukrainian producers exported most of their goods to Poland ($407.7 million), Turkey ($294.3 million), Italy ($231.8 million), Germany ($196.3 million), China ($189.4 million), and Spain ($185.7 million).

The European Union remains Ukraine’s key trading partner. In March, Ukraine exported $2.04 billion worth of goods to the EU (6.1% more than in February).

Reference source: http://surl.li/dfgfhvbchdyfiv