The steel industry accounted for more than 15% of Ukraine's exports
In 2025, the steel industry generated over $6 billion in foreign exchange earnings for Ukraine and accounted for a significant share of exports.
This was reported by GMK Center.
According to analysts, exports of mining and metallurgical products amounted to $6.2 billion, accounting for 15.2% of Ukraine’s total exports.
Despite this, the sector’s share of GDP declined—from 7.2% to 5.5%. The reasons cited include rising costs, competition in global markets, and insufficient government support.
At the same time, Ukrainian steel exports are increasingly focused on the European Union—the share of this market has risen to 79%.
Analysts also note that Ukrainian producers are losing ground in traditional markets due to competition from China and Russia, while the share of imports in the domestic market has risen to 40%.
Over the past four years, steel production in Ukraine has fallen by 65%—to 7 million tons per year.
Despite the decline, the industry remains a major contributor to the budget: over the past five years, companies have paid approximately 190 billion hryvnia in taxes.
Why are Easter eggs still expensive, even though cocoa prices have fallen significantly?
Egg prices have started to fall in Ukraine.
