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In January-March, Ukraine decreased ferrous metals export revenue 4-fold YoY, to $583.69 million.
According to the State Customs Service, ferrous metals accounted for 5.66% of all export revenue, down from 16.8% in Q1 2022.
In March, ferrous metals export revenue amounted to $226.61 million.
Imports in Q1, grew by 4.5%, to $260.49 million, with $97.09 million imported in March.
Moreover, in January-March, Ukraine decreased metal wares exports – by 9.6%, to $243.73 million ($97.56 million in March), and imports by 30.1%, to $174.19 million ($65.66 million).