Ukraine increased exports of semi-finished products by 6.5% in June

Export revenue fell by 17.2% in H1

Ukraine’s exports of semi-finished products increased by 6.5% to 556.4 thousand tons against the previous month.

In monetary terms, exports of semi-finished products grew by 4.5% to $189.6 million, according to the customs statistics.

Revenue from exports of semi-finished products in June fell by 36.4% against June last year. Exports of semi-finished products in physical terms declined by 20.3%.

In H1, revenue of Ukraine’s steelmaking companies from exports of semi-finished products reduced by 17.2% to $1.33 billion compared to the same period of 2019.

In January–June, Ukrainian steelmakers exported 3.6 million tons of semi-finished products, 4.4% down from the same period of the previous year.

The main export markets were Italy (26.54%), Turkey (15.16%), and Saudi Arabia (8.25%).

In 2019, exports of semi-finished products from Ukraine dropped by 4.8% to $2.9 billion against the previous year. Conversely, exports of semi-finished products in physical terms grew by 12% to 7.47 million tons against the previous year.