In 2021, Ukraine increased the export of ferrous metals by 81.4%, in monetary terms, according to the State Statistics Service.

Over the year, deliveries of such products as iron ore, pig iron, semi-finished products and finished products amounted to $13.95 billion. Ferrous metals accounted for 20.5% of all Ukrainian export earnings in 2021. Exports of ferrous metal products, including pipes, metal structures, wires, etc., increased by 47.3% and amounted to 1.29 billion dollars (1.9% of total exports).

In turn, imports of ferrous metals to Ukraine, according to the Ukrainian State Statistics Service, increased by 48.8% and amounted to $1.55 billion. This corresponds to 2.1% of Ukrainian imports over the past year.

Imports of ferrous metal products increased by 37.3% to $1.12 billion (1.5% of total imports).

In January 2022, proceeds from the export of ferrous metals in Ukraine increased by 36.8% compared to the same period last year - up to $1 billion 19.575 million.