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Photo – Ukrainian ports handled 23 million tons of cargo in the first quarter of 2025
Ukrainian ports handled 23 million tons of cargo in the first quarter of 2025

The largest transshipment volumes traditionally fall on the ports of Greater Odesa

Photo – Turkey reduced iron & steel products imports from Ukraine by 64% y/y in Q1
Turkey reduced iron & steel products imports from Ukraine by 64% y/y in Q1

Iron ore and semi-finished products account for the key volumes of supplies

Photo – Ukraine’s foreign trade deficit grew by 76.6% y/y in January-February
Ukraine’s foreign trade deficit grew by 76.6% y/y in January-February

Exports decreased by 13% year-on-year in the period under review

Photo – Ukraine exported 433.1 thousand tons of flat products in January-March
Ukraine exported 433.1 thousand tons of flat products in January-March

Hot-rolled flat products account for more than 80% of shipments

Photo – China increased steel exports by 6.3% y/y in Q1
China increased steel exports by 6.3% y/y in Q1

Imports of iron ore decreased by 7.8% y/y over the period

Photo – Exports of scrap from Ukraine reached 80.9 thousand tons in Q1
Exports of scrap from Ukraine reached 80.9 thousand tons in Q1

About 90% of raw materials are sent to Poland

Photo – Ukraine’s ferroalloy industry exported 27.7 thousand tons of products in Q1
Ukraine’s ferroalloy industry exported 27.7 thousand tons of products in Q1

Algeria, Poland and Italy account for the key supply volumes

Photo – Ukrainian steelmakers cut exports of semi-finished products by 35% y/y in Q1
Ukrainian steelmakers cut exports of semi-finished products by 35% y/y in Q1

During the period, the bulk of production was exported to Bulgaria and Turkey

Photo – Ukraine’s trade turnover amounted to $28.4 billion in Q1
Ukraine’s trade turnover amounted to $28.4 billion in Q1

During the period, Ukraine imported $18.5 billion worth of goods and exported $9.9 billion worth of goods

Photo – Ukraine exported record volumes of pig iron since March 2021
Ukraine exported record volumes of pig iron since March 2021

Import growth was boosted by uncertainty over Trump's trade policy

Photo – Ukraine reduced iron ore exports by 5.7% y/y in Q1
Ukraine reduced iron ore exports by 5.7% y/y in Q1

Key volumes of raw materials were sent to China, Slovakia and Poland

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