Exports of iron ore from Ukraine decreased in October

Data on Ukraine's foreign trade showed a slight decrease in the total volume of iron ore exports in October this year compared to the same period in 2024, mainly due to lower sales to China, the main buyer. Meanwhile, exports in the first ten months also decreased year-on-year.

In October, Ukraine exported 2.4 million tons of iron ore, which is 4.7 percent less year-on-year and less than two percent less than in September. China remained the main buyer of raw materials from Ukraine: 1.14 million tons were delivered in October, which is 25 percent less than in September. China was followed by Poland and Slovakia with almost 400,000 tons and 377,270 tons, respectively. In fact, the increase in supplies to these two countries, by almost 50 percent and 84 percent, respectively, still could not compensate for the loss of volumes sent to China.

In January-October, the total volume of iron ore exports from Ukraine amounted to 26.56 million tons, which is 4.4% less than a year earlier, according to customs.