Ukraine exported goods worth $3.6 billion in March

In March, Ukraine exported goods worth more than $3.6 billion, which is 4.5% more than in March last year and 18% more than in February this year. In total, according to preliminary data, in the first quarter of 2025, exports of goods reached almost $9.9 billion.

“Despite the decline in exports in the first two months of the year, we managed to achieve positive dynamics in March. A significant increase in exports in March compared to February this year was made possible by an increase in supplies of agricultural products, iron ore and steel products. Thus, exports of pig iron increased by more than 13.4 times (by $110 million) compared to February. Exports of sunflower seeds increased by 11.5 times (by $15.9 million) in March, while supplies of sunflower cake increased by 80.3% (by $35.8 million) and sunflower oil by 39.2% (by $141.6 million). This allowed to increase physical export volumes to 9.98 mln tons, which is 15.9% more than in February this year. In March, exports by sea increased by 24.7% in monetary terms and by 17% in weight compared to February this year. Exports by rail increased by 16.8% in terms of money and by 15.1% in terms of weight,” said Taras Kachka.

According to preliminary data, exports of goods since the beginning of the year have reached almost $9.9 billion.

“Despite the decline in the physical weight of Ukrainian exports, their monetary value is increasing. In March last year, we exported almost 11.9 million tons worth $3.46 billion, and in March this year – 9.9 million tons worth $3.62 billion. Thus, the share of goods with higher added value is gradually increasing, which means that the Ukrainian processing industry is successfully overcoming the obstacles to its development caused by the war and entering foreign markets,” emphasized Taras Kachka.

In March, Ukraine exported the following commodities by value:

  • corn ($514.4 million or 2.4 million tons);
  • sunflower, safflower or cottonseed oil ($503 million or 441 thousand tons)
  • wheat ($253.9 million or 1.1 million tons)
  • iron ore and concentrates ($238.4 million or 2.9 million tons)
  • soybeans ($150.2 million or 369.2 thousand tons);
  • insulated wires ($124.6 million or 6.5 thousand tons);
  • cast iron ($118.9 million or 300.9 thousand tons).

Ukrainian producers exported most of their goods to Poland ($407.7 million), Turkey ($294.3 million), Italy ($231.8 million), Germany ($196.3 million), China ($189.4 million), and Spain ($185.7 million).

The European Union remains Ukraine’s key trading partner. In March, Ukraine exported $2.04 billion worth of goods to the EU (6.1% more than in February).

 

Source: https://me.gov.ua/