2023
Exports
$469MWorld Rnk 3 / 91
Flag Rnk 14 / 1151
2023
PRODUCT COMPLEXITY IN Pig Iron
-1.16Rnk 869 / 1025
2023
Imports
$203kWorld Rnk 69 / 140
Flag Rnk 1053 / 1190
2023
ECONOMIC COMPLEXITY of Ukraine
0.39Rnk 47 / 132

About

Exports In 2023, Ukraine exported $469M in Pig Iron, making it the 3rd largest exporter of Pig Iron in the world. At the same year, Pig Iron was the 14th most exported product in Ukraine. The main destination of Pig Iron exports from Ukraine are: Poland ($245M), Spain ($101M), United States ($62M), Turkey ($18.1M), and Italy ($16.3M).

The fastest growing export markets for Pig Iron of Ukraine between 2022 and 2023 were Poland ($64.5M), Spain ($63.3M), and Czechia ($2.57M).

Imports In 2023, Ukraine imported $203k in Pig Iron, becoming the 69th largest importer of Pig Iron in the world. At the same year, Pig Iron was the 1053rd most imported product in Ukraine. Ukraine imports Pig Iron primarily from: Germany ($66k), Brazil ($65.5k), Czechia ($41.2k), Poland ($24.8k), and France ($5.46k).

The fastest growing import markets in Pig Iron for Ukraine between 2022 and 2023 were Brazil ($65.5k), Czechia ($41.2k), and Germany ($25.7k).

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 Pig Iron. 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 (2023)$469M
IMPORTS (2023)$203k
NET TRADE (2023)$468M

In 2023, Ukraine exported $469M in Pig Iron. The main destinations of Ukraine exports on Pig Iron were Poland ($245M), Spain ($101M), United States ($62M), Turkey ($18.1M), and Italy ($16.3M).

In 2023, Ukraine imported $203k in Pig Iron, mainly from Germany ($66k), Brazil ($65.5k), Czechia ($41.2k), Poland ($24.8k), and France ($5.46k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pig Iron EXPORT MARKETS FOR Ukraine WERE (2022 - 2023):
Poland$64.5M (35.8%)
Spain$63.3M (168%)
Czechia$2.57M (222%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pig Iron BY Ukraine WERE (2022 - 2023):
United States-$224M (-78.3%)
Turkey-$43.4M (-70.6%)
Saudi Arabia-$32.4M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ukraine's main exporting competitors in Pig Iron were:
Brazil $1.88B
Russia $1.37B
In 2023, Ukraine's main importing competitors in Pig Iron were:

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Trade Value of Pig Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $9.16M
TOP IMPORT POTENTIALRussia+ $1.43k

Pig Iron’s highest export potential is Italy. With an export gap of $9.16M.   Pig Iron’s highest import potential is Russia with an import gap of $1.43k.

See methodology.

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