In the first nine months of 2020, exports fell by 4%
In September, Ukrainian producers increased exports of titanium iron ores and concentrate by 51.8% to 30.4 thousand tons against September last year. In monetary terms, exports of these products grew by 31.1% to $8.3 million, according to the customs statistics.
In January–September, Ukraine’s exports of titanium iron ores shrank by 4% to 413.3 thousand tons compared to the same period of the previous year. In monetary terms these exports dropped by 6.9% to $99.1 million.
Mexico was the biggest importer of Ukrainian titanium iron ores (18.36%), followed by the Czech Republic (17.82%) and Russia (12.43%).
Ukraine is one of the few countries with a closed production cycle in the titanium industry — from mining and processing of titanium iron ores to manufacture of finished products.
As reported earlier, in 2019, Ukraine increased exports of titanium ores and concentrate by 23% to $154.6 million against 2018. In physical terms, exports of titanium ores and concentrate grew by 3.6% to 620.9 thousand tons.