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The fastest growing export markets for Iron Ore of Ukraine between 2022 and 2023 were Finland ($27.3M), Italy ($19.7M), and Netherlands ($3.96M).

The fastest growing import markets in Iron Ore for Ukraine between 2022 and 2023 were Italy ($29k), Norway ($23.2k), and United Kingdom ($21k).

Latest Trends

Jan 2025

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

In N/A, Ukraine imported N/A in Iron Ore, mainly from Norway ($46.9k), Italy ($39.2k), Netherlands ($34.9k), United Kingdom ($33k), and Slovakia ($7.29k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Ukraine WERE (2022 - 2023):
Finland$27.3M (3.32M%)
Italy$19.7M (184%)
Netherlands$3.96M (818%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Ukraine WERE (2022 - 2023):
China-$292M (-76.7%)
Austria-$178M (-43.5%)
Czechia-$154M (-28%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2023, Ukraine's main exporting competitors in Iron Ore were:
In 2023, Ukraine's main importing competitors in Iron Ore were:

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $450M
N/AN/AN/A

Iron Ore’s highest export potential is China. With an export gap of $450M.   Iron Ore’s highest import potential is N/A with an import gap of N/A.

See methodology.

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