Ukraine reduces export of ferroalloys by 1.5%, reduces forex earnings by 47.2% in 2023

KYIV. Jan 18 (Interfax-Ukraine) – Ukraine in 2023 reduced the export of ferroalloys in physical terms by 1.5% compared to 2022 – to 344,173 tonnes.

According to statistics released by the State Customs Service, in monetary terms, the export of ferroalloys decreased by 47.2% – to $297.595 million.

At the same time, the main exports were carried out to Poland (52.79% of supplies in monetary terms), Turkey (14.13%), and the Netherlands (8.46%).

In addition, during this period, Ukraine imported 14,203 tonnes of these products, which is 30.9% less than in 2022. In monetary terms, imports decreased by 41% – to $42.927 million.

Imports were carried out mainly from Poland (23.94%), India (16.08%), and Armenia (14.35%).

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