• Українською
  • An export record in the steel industry: Ukraine supplied 219,000 tonnes of semi-finished iron products to foreign markets
    Ministry of Economy of Ukraine, posted 06 August 2024 09:34

    In July 2024, Ukraine exported almost USD 3 billion worth of goods to foreign markets. In particular, a new record was set in the steel industry - 219,000 tonnes of semi-finished iron products were exported by Ukraine in July, the best performance since the war.

    "Ukraine exported almost USD 3 billion worth of goods in July this year. At the same time, the physical volume of exports in July is 0.6% lower than in June, which is due to the seasonal change in exported crops. Overall, Ukrainian exports increased by 9% in July compared to the previous month. The EU remains Ukraine's major trading partner, with 56% of Ukraine's exports going to European markets. China, Egypt, Turkey and India, as well as the Mediterranean countries, are the leading importers of Ukrainian products outside the European Union. In particular, the development of a network of free trade agreements with the Mediterranean countries is a priority for the Government," said Taras Kachka, Deputy Minister of Economy of Ukraine - Trade Representative of Ukraine.

    In the agricultural sector, Ukraine exported the following in July:

    • wheat - 1.58 million tonnes, almost twice as much as in July last year;
    • rapeseed - 277,000 tonnes, up 13.5% year-on-year;
    • barley - 580,000 tonnes, which is almost twice as much as in July last year;
    • corn - 1.56 million tonnes, which is 44.4% less than in June.

    Among industrial products, the structure of Ukrainian exports is dominated by:

    • Iron ores and concentrates - USD 229 million (2.5 million tonnes);
    • furniture - USD 37.9 million (18,900 tonnes);
    • semi-finished iron products - 219,000 tonnes (USD 109.4 million), up 83.1% compared to June.

    Ukraine supplied goods to foreign markets in July by mode of transport:

    • by sea - 6.25 million tonnes, 0.4% less than in June
    • by rail - 2.6 million tonnes, 3% less than in June;
    • by road - 825,000 tonnes, which is 5.5% more than in June.

    Among the EU countries, the top importers of Ukrainian products are Poland (USD 358 million), Spain (USD 190 million), Germany (USD 178 million), the Netherlands (USD 147 million), and Italy (USD 136 million).

    In addition to the EU, Ukraine exports most of its products to China - USD 175 million (-3.1%), Egypt - USD 143 million (+17.5%), Turkey - USD 134 million (+32.7%), India - USD 89 million (+137%), the Republic of Moldova - USD 87 million, Lebanon - USD 44 million, Algeria - USD 39.5 million, the United States - USD 39.2 million, Israel - USD 39 million, and Indonesia - USD 38.5 million.