Ukraine’s exports of flat products dropped by 9.3% in January to September

Exports of hot-rolled products dropped by 8.6% and cold-rolled products by 12.7% in 9 months

According to the consolidated customs statistics published on the website of the State Tax Service of Ukraine, Ukraine’s exports of flat products in monetary terms dropped by 9.3% to $1.8 billion in January to September compared to the same period of the previous year. While in physical terms, exports of flat products showed a slight growth by 0.7% to 3.7 million tons.

Exports of hot-rolled flat products (code under the Ukrainian classification of commodities — 7208) shrank by 8.6% to $1.6 billion in January — September compared to the same period in 2018. In physical terms, exports of these products dropped by 1% to 3.09 million tons.

In the recent 9 months, the largest consumers of Ukrainian hot-rolled products were Russia, Turkey and Poland.

In the same period, exports of cold-rolled products (code under the Ukrainian classification of commodities — 7209) decreased by 12.7% to $315.9 million in monetary terms and by 1.4% to 613.2 thousand tons in physical terms compared to January — September 2018.

In this period, Ukraine’s key export markets for cold-rolled products were Russia, Poland and Ethiopia.

In 2018, Ukrainian companies exported 4.7 million tons of products worth $2.7 billion which, in monetary terms, is 21.6% up on 2017.