2023
Exports
$375MWorld Rnk 21 / 126
Flag Rnk 20 / 1151
2023
PRODUCT COMPLEXITY IN Ferroalloys
-1.33Rnk 905 / 1025
2023
Imports
$45.5MWorld Rnk 48 / 171
Flag Rnk 235 / 1190
2023
ECONOMIC COMPLEXITY of Ukraine
0.39Rnk 47 / 132

About

Exports In 2023, Ukraine exported $375M in Ferroalloys, making it the 21st largest exporter of Ferroalloys in the world. At the same year, Ferroalloys was the 20th most exported product in Ukraine. The main destination of Ferroalloys exports from Ukraine are: Poland ($159M), Turkey ($47.5M), Luxembourg ($28.8M), Italy ($24.8M), and Netherlands ($21.8M).

The fastest growing export markets for Ferroalloys of Ukraine between 2022 and 2023 were Turkey ($16.5M), Peru ($3.61M), and United Kingdom ($1.54M).

Imports In 2023, Ukraine imported $45.5M in Ferroalloys, becoming the 48th largest importer of Ferroalloys in the world. At the same year, Ferroalloys was the 235th most imported product in Ukraine. Ukraine imports Ferroalloys primarily from: Poland ($11.3M), India ($6.5M), Armenia ($6.16M), China ($5.58M), and Netherlands ($3.31M).

The fastest growing import markets in Ferroalloys for Ukraine between 2022 and 2023 were Poland ($10.9M), Armenia ($6M), and India ($5.08M).

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 Ferroalloys. 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)$375M
IMPORTS (2023)$45.5M
NET TRADE (2023)$330M

In 2023, Ukraine exported $375M in Ferroalloys. The main destinations of Ukraine exports on Ferroalloys were Poland ($159M), Turkey ($47.5M), Luxembourg ($28.8M), Italy ($24.8M), and Netherlands ($21.8M).

In 2023, Ukraine imported $45.5M in Ferroalloys, mainly from Poland ($11.3M), India ($6.5M), Armenia ($6.16M), China ($5.58M), and Netherlands ($3.31M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Ferroalloys EXPORT MARKETS FOR Ukraine WERE (2022 - 2023):
Turkey$16.5M (53.2%)
Peru$3.61M (203%)
United Kingdom$1.54M (27.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ferroalloys BY Ukraine WERE (2022 - 2023):
Poland-$147M (-48%)
Netherlands-$44.8M (-67.3%)
China-$22.5M (-75.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Ferroalloys by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $76.7M
TOP IMPORT POTENTIALChina+ $2.16M

Ferroalloys’s highest export potential is China. With an export gap of $76.7M.   Ferroalloys’s highest import potential is China with an import gap of $2.16M.

See methodology.

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