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2022
Exports $668MWorld Rnk 3 / 92
Flag Rnk 14 / 1158
2022
Destination $190M United States
2021 - 2022
FASTEST GROWING MARKET $190MPoland
2022
PRODUCT COMPLEXITY IN Pig Iron-1.18Rnk 876 / 1025
2022
Imports $66kWorld Rnk 89 / 141
Flag Rnk 1116 / 1188
2022
Origin $30.4k Germany
2021 - 2022
FASTEST GROWING ORIGIN $30.4kUnited Arab Emirates
2022
ECONOMIC COMPLEXITY of Ukraine0.5Rnk 44 / 133

About

Exports In 2022, Ukraine exported $668M 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: United States ($248M), Poland ($209M), Turkey ($52.4M), Spain ($45.2M), and Italy ($44.7M).

The fastest growing export markets for Pig Iron of Ukraine between 2021 and 2022 were Poland ($190M), Belgium ($16.7M), and Germany ($15.7M).

Imports In 2022, Ukraine imported $66k in Pig Iron, becoming the 89th largest importer of Pig Iron in the world. At the same year, Pig Iron was the 1116th most imported product in Ukraine. Ukraine imports Pig Iron primarily from: Germany ($35.5k) and United Arab Emirates ($30.4k).

The fastest growing import markets in Pig Iron for Ukraine between 2021 and 2022 were United Arab Emirates ($30.4k).

Latest Trends

Oct 2024

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 (2022)$668M
IMPORTS (2022)$66k
NET TRADE (2022)$668M

In 2022, Ukraine exported $668M in Pig Iron. The main destinations of Ukraine exports on Pig Iron were United States ($248M), Poland ($209M), Turkey ($52.4M), Spain ($45.2M), and Italy ($44.7M).

In 2022, Ukraine imported $66k in Pig Iron, mainly from Germany ($35.5k) and United Arab Emirates ($30.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pig Iron EXPORT MARKETS FOR Ukraine WERE (2021 - 2022):
Poland$190M (1.01k%)
Belgium$16.7M (1%)
Germany$15.7M (202%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pig Iron BY Ukraine WERE (2021 - 2022):
United States-$587M (-70.3%)
Italy-$300M (-87.1%)
Turkey-$118M (-69.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ukraine's main exporting competitors in Pig Iron were:
Brazil $2.3B
Russia $1.78B
In 2022, Ukraine's main importing competitors in Pig Iron were:
United States $2.87B
Italy $705M
Turkey $666M

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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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