Ukraine reduced iron ore exports by 10% in volume and 21% in value over 4 months

In January-April 2025, Ukraine’s mining companies decreased iron ore exports in physical terms by 10.2% compared to the same period last year, from 12.409 million tonnes to 11.147 million tonnes. During this period, foreign exchange earnings from iron ore exports decreased by 21%, from $1.128 billion to $892.987 million.

Iron ore exports were primarily directed to China (46.69% of supplies in monetary terms), Slovakia (16.41%), and Poland (16.22%). In January-April 2025, Ukraine imported iron ore worth $46,000 with a volume of 65 tonnes from the Netherlands (46.67%), Norway (28.89%), and Italy (24.44%), compared to 252 tonnes worth $72,000 in the same period last year.

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

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