Digitshock

Ukraine exported 3.34 million tons of iron ore in March

Ukrainian enterprises exported 3.34 million tons of iron ore raw material (ORR) worth $310.5 million in March 2024. This indicator is a record for an hour of the war and is twice the export of military equipment for the first quarter of 2023. Iron ore accounted for 9% of the total monetary volume of Ukrainian commodity exports for the reporting period.

It informs Forbes, referring to the data of the State Customs Service.

March 2024 was the most successful month for munitions exports since the start of the full-scale Russian invasion. Export revenues for the first quarter of 2024 reached $863 million, which is 39.4% more than in 2023.

China remains the main buyer of Ukrainian iron ore raw materials, importing 43% of exports by sea. In March, 17% of the export of the ZRS was delivered to Slovakia by rail. The export of metals and their products in March amounted to $307.6 million.

 

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