Ukraine exports close to 40 million mt of iron ore in 2019

According to preliminary data, in 2019 Ukraine’s iron ore exports totaled 39.9 million mt, increasing by 8.1 percent year on year. China was the key sales destination with a 34.4 percent share, while Poland and the Czech Republic accounted for 12.7 percent and 10.3 percent, respectively. In terms of value, Ukraine’s iron ore exports in 2019 rose by 18.5 percent year on year to $3.4 billion, mainly owing to healthier pricing in the sector globally.
Iron ore imports to Ukraine in the given year remained at minor levels and were mainly driven by the requirements of some specific producers. Last year, Ukraine imported 14,245 mt of iron ore, down 86.1 percent year on year, with over 90 percent supplied by Russia.