2021
Exports | Imports
$6.83B | $269MWorld Rnk 5 / 130
Flag Rnk 1 / 1166
World Rnk 37 / 129
Flag Rnk 52 / 1203
2021
ECONOMIC COMPLEXITY of Ukraine
0.49Rnk 44 / 131
2021
PRODUCT COMPLEXITY IN Iron Ore
-1.83Rnk 982 / 1024

About

Exports In 2021, Ukraine exported $6.83B in Iron Ore, making it the 5th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 1st most exported product in Ukraine. The main destination of Iron Ore exports from Ukraine are: China ($2.92B), Czechia ($650M), Austria ($535M), Poland ($533M), and Slovakia ($441M).

The fastest growing export markets for Iron Ore of Ukraine between 2020 and 2021 were China ($426M), Slovakia ($354M), and Czechia ($348M).

Imports In 2021, Ukraine imported $269M in Iron Ore, becoming the 37th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 52nd most imported product in Ukraine. Ukraine imports Iron Ore primarily from: Russia ($269M), Netherlands ($70.9k), Egypt ($34.7k), Poland ($11.4k), and United Kingdom ($9.48k).

The fastest growing import markets in Iron Ore for Ukraine between 2020 and 2021 were Russia ($66.3M), Egypt ($34.7k), and Poland ($11.4k).

Latest Trends

Dec 2023

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Iron Ore. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2021)$6.83B
IMPORTS (2021)$269M
NET TRADE (2021)$6.56B

In 2021, Ukraine exported $6.83B in Iron Ore. The main destinations of Ukraine exports on Iron Ore were China ($2.92B), Czechia ($650M), Austria ($535M), Poland ($533M), and Slovakia ($441M).

In 2021, Ukraine imported $269M in Iron Ore, mainly from Russia ($269M), Netherlands ($70.9k), Egypt ($34.7k), Poland ($11.4k), and United Kingdom ($9.48k).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Ukraine WERE (2020 - 2021):
China$426M (17.1%)
Slovakia$354M (409%)
Czechia$348M (116%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Ukraine WERE (2020 - 2021):
Belgium-$18.2M (-42%)
Philippines-$8.75M (-100%)
Chinese Taipei-$2.08M (-22.1%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Ukraine's main exporting competitors in Iron Ore were:
In 2021, Ukraine's main importing competitors in Iron Ore were:

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Trade Value of Iron Ore by Exporters

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