Ukraine reduced the export of ferroalloys by 8%.

According to the state report issued by the Customs Service of Ukraine in January 2022, Ukrainian enterprises decreased the export of ferroalloys by 7.9% compared to the same period in 2020, to 41.8 thousand tons. However, in monetary terms, product exports increased by 67.9% to $79.9M. The export of ferroalloys for the 12 months of 2021 increased by 7% compared to 2020, to 668.5 thousand tons. The share of ferroalloys in the total foreign trade of Ukraine amounted to 1.33%. The main export directions are Algeria (13.68%), the Netherlands (13.27%), and Poland (11.01%).