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Ukraine reduces FX earnings from export of ferrous metals by 65% in Jan-Nov
KYIV. Dec 19 (Interfax-Ukraine) – Metallurgical enterprises of Ukraine in January-November of this year reduced revenues from the export of ferrous metals by 65.4% compared to the same period last year, to $4.359 billion.
According to statistics released by the State Customs Service, ferrous metals accounted for 10.7% of total merchandise export earnings over this period, compared to 20.6% in January-November 2021.
In November, proceeds from the export of ferrous metals amounted to $205.647 million, while in October $189.836 million.
At the same time, Ukraine in January-November of this year reduced imports of similar products by 38.5%, to $865.047 million. In November, it was imported for $95.612 million.
In addition, during the specified period, Ukraine cut the export of metal products by 15.6%, to $983.533 million. In November, they were delivered for $79.050 million.
Import of metal products for January-November decreased 41.4%, to $591.598 million (in November it was $58.052 million).
