Ukraine increased its export of metal and iron ore raw materials.

Head of the Committee on Finance Danylo Hetmantsev pointed out that, in the results from the first quarter of 2024, mining and metallurgical complex products account for almost 20% of all commodity exports. For comparison, this export category accounted for 13% in the corresponding period last year.

In the first quarter, Ukraine exported $0.86B worth of iron ore versus $0.4B in the first quarter of 2023.

However, agricultural products still occupy the lion’s share of Ukrainian exports. About 70% of all merchandise exports in the first quarter were agricultural raw materials and food.

At the same time, Ukraine significantly increased the export of ferrous metals in the first two months of the year. The corresponding indicator increased by 46.2%, or $522.5M, compared to January-February last year, the State Statistics Service reported.

At the same time, grain export indicators decreased by 8.1%, or in monetary terms, to $1.838B.