HS Icon Iron Ore in  Flag Ukraine

2020
Exports | Imports
: $4.27B | $202M, World Rnk 4 / 115
Flag Rnk 4 / 1152 | World Rnk 37 / 124
Flag Rnk 53 / 1199

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $1.32B | $12.5k, China |  Germany

2020
ECONOMIC COMPLEXITY of Ukraine
: 0.5, Rnk 42 / 127

2020
PRODUCT COMPLEXITY  IN Iron Ore
: -1.76, Rnk 986 / 1029

Exports In 2020, Ukraine exported $4.27B in Iron Ore, making it the 4th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 4th most exported product in Ukraine. The main destination of Iron Ore exports from Ukraine are: China ($2.49B), Poland ($373M), Czechia ($301M), Austria ($295M), and Germany ($117M).

The fastest growing export markets for Iron Ore of Ukraine between 2019 and 2020 were China ($1.32B), Belgium ($39.2M), and United States ($32.3M).

Imports In 2020, Ukraine imported $202M in Iron Ore, becoming the 37th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 53rd most imported product in Ukraine. Ukraine imports Iron Ore primarily from: Russia ($202M), Netherlands ($72.9k), Germany ($12.5k), Sweden ($6k), and Saudi Arabia ($1.74k).

The fastest growing import markets in Iron Ore for Ukraine between 2019 and 2020 were Germany ($12.5k), Sweden ($6k), and Saudi Arabia ($1.74k).

Tariffs In 2018, the average tariff for Ukraine in Iron Ore was 1.65%. The countries with the highest import tariffs for Iron Ore were Angola (Most Favoured Nation duty rate treatement, 2%), Burundi (Most Favoured Nation duty rate treatement, 2%), Benin (Most Favoured Nation duty rate treatement, 2%), Burkina Faso (Most Favoured Nation duty rate treatement, 2%), and Botswana (Most Favoured Nation duty rate treatement, 2%).

Subnational Monthly Trade

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Y-AXIS SCALE

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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

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EXPORTS (2020): $4.27B

IMPORTS (2020): $202M

NET TRADE (2020): $4.06B

In 2020, Ukraine exported $4.27B in Iron Ore. The main destinations of Ukraine exports on Iron Ore were China ($2.49B), Poland ($373M), Czechia ($301M), Austria ($295M), and Germany ($117M).

In 2020, Ukraine imported $202M in Iron Ore, mainly from Russia ($202M), Netherlands ($72.9k), Germany ($12.5k), Sweden ($6k), and Saudi Arabia ($1.74k).

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THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Ukraine WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Ukraine WERE (2019 - 2020):

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Market Concentration

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In 2020, Ukraine's main exporting competitors in Iron Ore were:

In 2020, Ukraine's main importing competitors in Iron Ore were:

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