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Who buys Ukraine’s steel? Export destinations 2024

In 2024, Ukraine exported $2.6 billion of steel (4.3 million tonnes), 0.7% of the world total. Its main destinations were Poland (24%), Bulgaria (20%) and Egypt (10%). Ukraine was the world’s 28th-largest exporter of steel.

Summary

Value
$2.6billion
Tonnes
4.3million tonnes
Share of world total
0.7%
World rank
28th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD millions)TonnesUSD per tonneShareMode
Poland624Tonnes: 986,659USD per tonne: $63224.2%Sea
Bulgaria509Tonnes: 978,542USD per tonne: $52019.8%Sea
Egypt259Tonnes: 364,484USD per tonne: $46410.1%Sea
Italy168Tonnes: 293,746USD per tonne: $5736.5%Sea
Romania162Tonnes: 268,003USD per tonne: $6066.3%Sea
Turkey129Tonnes: 252,442USD per tonne: $5105%Sea
Moldova87.5Tonnes: 135,844USD per tonne: $6443.4%Land
Greece74.3Tonnes: 144,165USD per tonne: $5152.9%Sea
United States64.4Tonnes: 51,168USD per tonne: $1,2592.5%Sea
Dominican Republic55.5Tonnes: 114,301USD per tonne: $4862.2%Sea
Czechia48.3Tonnes: 64,686USD per tonne: $7471.9%Sea
Germany35.1Tonnes: 33,378USD per tonne: $1,0521.4%Sea
Israel33.2Tonnes: 53,426USD per tonne: $6211.3%Sea
Morocco26.9Tonnes: 57,401USD per tonne: $4681%Sea
Serbia25.8Tonnes: 46,417USD per tonne: $5561%Sea
Lithuania25.7Tonnes: 33,488USD per tonne: $7691%Sea
United Kingdom24.5Tonnes: 36,018USD per tonne: $6790.95%Sea
Slovenia24.1Tonnes: 44,236USD per tonne: $5450.94%Sea
Russia21Tonnes: 26,870USD per tonne: $7830.82%Sea
Spain20.7Tonnes: 30,309USD per tonne: $6850.81%Sea

Trend

Who it sells to

Poland has been its main destination since 2022

Value in USD billions. The five largest destinations in 2024.

  • Poland 0.62
  • Bulgaria 0.51
  • Egypt 0.26
  • Italy 0.17
  • Romania 0.16

Source: CEPII BACI

Show the numbers
Partner19952024
Poland0.010.62
Bulgaria00.51
Egypt0.080.26
Italy0.180.17
Romania0.040.16

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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