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Ukraine - Latest news GMK Center

Photo – The Polish port of Szczecin-Świnoujście increased iron ore transshipment by 30% in 9 months
The Polish port of Szczecin-Świnoujście increased iron ore transshipment by 30% in 9 months

In September 2022, iron ore processing in the port decreased by 77.3% y/y

Photo – Ukraine needs $3.5 billion in additional funding per month in 2023
Ukraine needs $3.5 billion in additional funding per month in 2023

Further cooperation with the IMF is one of the main priorities for the country

Photo – Ukrainian steelmakers increased income from iron exports by 44% m/m in September 2022
Ukrainian steelmakers increased income from iron exports by 44% m/m in September 2022

Export of iron ore from the country in monetary terms fell by 20% m/m in September

Photo – The state budget deficit of Ukraine increased to UAH 76.6 billion in September 2022
The state budget deficit of Ukraine increased to UAH 76.6 billion in September 2022

In January-September 2022, the state budget was implemented with a deficit in the amount of UAH 495.3 billion, while the planned deficit for this period was UAH 1,018 billion

Photo – Exports to the EU exceeded pre-war indicators in January-September 2022 – Ministry of Economy
Exports to the EU exceeded pre-war indicators in January-September 2022 – Ministry of Economy

The total Ukrainian exports decreased by almost half compared to the pre-war period

Photo – Ukraine signed a memorandum with Turkey on infrastructure restoration
Ukraine signed a memorandum with Turkey on infrastructure restoration

Turkey initially plans to rebuild a bridge near the city of Bucha

Photo – Ukraine received a $350 million loan from Canada
Ukraine received a $350 million loan from Canada

The total amount of financial aid to Ukraine from Canada since the beginning of the war has reached $1.2 billion

Photo – Turkey imported 119,000 tons of Ukrainian iron ore in June
Turkey imported 119,000 tons of Ukrainian iron ore in June

Supplies of iron ore from Ukraine resumed after a two-month pause

Photo – Montenegro offers Ukraine to transport goods through the port of Bar
Montenegro offers Ukraine to transport goods through the port of Bar

The total capacity of the port reaches 5 million tons per year, and on average only 50% of its potential is used

Photo – Ukraine, Russia, Turkey and the UN agreed on the export of grain from seaports
Ukraine, Russia, Turkey and the UN agreed on the export of grain from seaports

The signing of the agreement should help unload border crossings and create conditions for the resumption of the work of steel enterprises

Photo – Decreasing grain export from Ukraine can cause global food shortage
Decreasing grain export from Ukraine can cause global food shortage

Food shortage will fuel inflation and accelerate migration from Africa and Middle East

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