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

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.