(KYIV, UKRAINE) – Ukraine’s iron ore exports fell by 27.3 percent in the first seven months of 2026. The country shipped 13.9 million tonnes of iron ore between January and July, down from the same period in 2025.
The GMK Center industry publication reported the figures based on data from the State Customs Service. China remains the largest buyer of Ukrainian iron ore. Exports to China fell by 36 percent to 6.42 million tonnes during the period. Slovakia received 2.44 million tonnes, down 12 percent. Poland received 1.74 million tonnes, down 36 percent.
In July alone, Ukraine exported 1.87 million tonnes of iron ore. This was 7.2 percent lower than June and 37.6 percent lower than July 2025.
Revenue from iron ore exports reached 1.08 billion US dollars in the seven month period. This is a fall of 14.5 percent. The July revenue was 148 million US dollars, down 12 percent from June and 22 percent lower than July 2025. The seven month revenue is equal to about 850 million British pounds or 986 million euros. The July revenue is equal to about 116 million British pounds or 135 million euros.
Ferrexpo has temporarily suspended production of iron ore products at its mining and processing plants in Ukraine because of problems with sea logistics.
Ukraine Iron Ore Exports: January to July 2026
| Metric | January to July 2026 | January to July 2025 | Change (%) | July 2026 | June 2026 | Change (Month on Month %) | July 2025 | Change (Year on Year %) |
|---|---|---|---|---|---|---|---|---|
| Total Export Volume | 13,900,000 tonnes | 19,119,000 tonnes | -27.3% | 1,870,000 tonnes | 2,015,000 tonnes | -7.2% | 2,997,000 tonnes | -37.6% |
| Export to China | 6,420,000 tonnes | 10,030,000 tonnes | -36.0% | Data not provided | – | – | – | – |
| Export to Slovakia | 2,440,000 tonnes | 2,770,000 tonnes | -12.0% | Data not provided | – | – | – | – |
| Export to Poland | 1,740,000 tonnes | 2,720,000 tonnes | -36.0% | Data not provided | – | – | – | – |
| Total Export Revenue | $1.08 billion | $1.26 billion | -14.5% | $148 million | $168 million | -12.0% | $190 million | -22.0% |