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Mining enterprises of Ukraine reduced the export of iron ore raw materials by 2%

Mining industry / Ukraine

Foreign exchange earnings of Ukrainian mining companies from the export of iron ore raw materials increased by 92.9% in the first two months of 2021

Mining enterprises of Ukraine reduced the export of iron ore raw materials by 2%

Mining enterprises of Ukraine in January-February of this year reduced the export of iron ore raw materials (iron ore) in physical terms by 2% compared to the same period last year - to 7 million 85.351 thousand tons.

According to statistics released by the State Customs Service of Ukraine (SCSU) on Tuesday, during the specified period, foreign exchange earnings from the export of iron ore increased by 92.9% - up to 1 billion 73.238 million dollars. Ore was exported mainly to China (40.38% of supplies in monetary terms), Germany (10.23%) and Poland (9.47%).

In January-February 2021, Ukraine imported $ 47,000 worth of iron ore in a total volume of 1,053,000 tons, while in January-February 2020, 63 tons worth $ 28,000 were imported. Imports were carried out from Egypt (89.36%), Chile (6.38%) and the Russian Federation (4.26%).

As reported, in 2020 Ukraine increased the export of iron ore raw materials by 16% compared to the previous year - up to 46 million 292.834 thousand tons, while foreign exchange earnings from the export of raw materials increased by 24.7% - up to 4 billion 239.359 million dollars. In 2020, Ukraine imported iron ore for $ 75 thousand in a total volume of 123 tons, while in 2019 14.245 thousand tons for $ 1.412 million were imported.

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